GREEN-tech experts reckon 2010 will be dominated by investments in energy efficiency, so claims the Silicon Valley Mercury News.
The US government is certainly driving energy efficiency with US Energy Secretary Steven Chu usually describes himself as an “energy-efficiency nut.”
Venture capital investment in energy efficiency hit a record in 2009: at least 115 deals worth nearly $1 billion, according to a preliminary tally by the Cleantech Group and Deloitte. That’s an increase of 39 percent from 2008. In comparison, solar was down 64 percent from 2008, and there’s increasing talk about solar being “overfunded.”

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Reuters London – Global revenues from climate-related businesses such as energy efficiency rose by 75 percent in 2008 to $530 billion and could exceed $2 trillion by 2020, HSBC Global Research estimated on Friday.