02 September 2009

Is Green Tech Investing Making a Comeback?

Vinod KhoslaImage via Wikipedia

Tuesday was a big day for green tech investing news: Khosla Ventures announced it had successfully raised $1.1 billion in capital for renewable energy and clean tech investments and the Department of Energy and the Treasury Department announced the first round of "Recovery Act" funding of $502.6 million.

Does this signal the beginning of a public-private investment bonanza for green tech? Only time will tell. But a lot of us are glad to see all the new green economy talk finally turn into action.

Reblog this post [with Zemanta]