Third Point, RockPort, Madrone, Kleiner, Others To Benefit From Enphase IPO

Enphase Energy joined the list of top cleantech companies testing the IPO waters this year by filing for an IPO on Wednesday The company said in a S-1 registration statement submitted to the Securities and Exchange Commission that it plans to raise $100 million. A successful offering will benefit six venture investors with substantial stakes […]


Earnings Of Cleantech Companies Set Stage For Boost In Investor Sentiment

Solar titan First Solar sent dark clouds over the cleantech markets last week when quarterly earnings fell by almost a third. Yesterday, skies cleared when JA Solar’s latest financial report beat Wall Street’s estimates with a nearly 90% rise in quarterly net income, even though Energy Conversion Devices conceded its third quarter sales tumbled 70%. […]

Slideshow: U.S. Leads World in Cleantech Investing

Cleantech pundits like to point out that the rest of the world is cleaning America’s clock in green technology.

But this isn’t entirely true if you look at venture investing. Especially if you look at the recently completed first quarter, when U.S. venture capitalists accounted for 79% of the global capital dispersed to cleantech startups.

It was the highest percentage since 2002, according to the Cleantech Group.

In our previous cleantech slideshows, we’ve covered the quarter’s solid rebound. First-quarter cleantech investment dollars were up 13% from a year ago and 52% from the fourth quarter to $2.57 billion, according to the Cleantech Group.

While deal volume lagged, it was still up 18% from a year ago. The quarter’s 159 deals proved to be the lowest total since mid-2009 and fell 19% from the fourth quarter’s 189.

Slideshow: Solar Still Drives Cleantech Investing

Solar continued to be the driving force behind cleantech investing in the first quarter as venture capitalists shifted dollars to more mature, later stage companies.

The quarter saw investors worldwide pour $2.57 billion into 159 companies, a 13% increase in dollars from last year, according to the Cleantech Group. The majority of the money – 93% – went to follow-on rounds.

Surprisingly, this more cautious environment was fertile ground for solar deals. Solar startups attracted $641 million, or 24% of total dollars, as several big deals led the way. The next closest industry sector was transportation, with less than half the committed dollars.

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