Emerging from the financial wasteland of 2009

It was a difficult 12 months for the clean-tech sector as investment fell in 2009, although by a smaller margin than in many other sectors. Things would have been worse if not for the strength of the Asian market, particularly the Chinese wind sector. Yet analysts see many reasons to be optimistic for 2010.

Asian markets saw investment grow while it fell in other regions. They also hosted three quarters of the clean-energy initial public offerings (IPOs) in 2009 by value, with China Longyuan Power’s $2.3bn IPO in December being the largest the sector has seen since 2007.

Clean-energy investment faced substantial headwinds in 2009, including the global recession, lingering effects of the financial crisis and world leaders’ failure to reach a binding agreement on climate change.

However,

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Emerging from the financial wasteland of 2009