Economy Aside, Cleantech Investment Sees Biggest Year To Date

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Despite the state of the economy, Cleantech investment was at its highest ever in 2008, bringing in a total of over $8.4 Billion according to the Cleantech Group.
The largest receivers were solar taking in 40% of the cash, 11% to biofuels, 9.5% to transportation, 6% to wind, while the rest went to projects in agriculture, water, and the smart grid.
This makes up a 38% increase from the 2007’s total of a little over $6 billion.
3rd quarter 2008 saw close to $2.9 Billion in investment, dropping down to $2.5 in the 4th. I can’t imagine the total dropping any further for 1st quarter 2009 as analysts are saying the cleantech sector could be the first to come out of the recession. What are your predictions for 1st quarter 2009? I believe it will stay right around $2.5.