Earth Equity News

Investments in Renewable Energy Picking Up. By Sandy Shore, AP, July 29, 2009. "Venture capitalists increased investments in alternative energy by 73% over the past three months, according to a report issued Wednesday, an indication that the horrible market conditions from earlier this year may have abated. Investors are also be growing more confident because the government is making good on promises to try to shift the national energy policy more toward wind, solar and other renewable technologies. Venture capital investment totaled $572 million in the second quarter, according to Ernst & Young LLP. Even though spending was 59% below last year during the quarter, the quick infusion of funds when compared with the first three months of the year may signal that the industry has already bottomed out."