Singaporean Entrepreneurs

05 Apr, 2010

Green Investments at US$1.9B for Q1

Posted by: Singapore Entrepreneur In: Funding|Investments

Is the next bubble going to be in green technology investments? 1st quarter numbers are in for 2010 and it shows that global investors have poured in as much as US$1.9 billion into green- technology start-ups, up 29% from Q4 2009 and a whopping 83% when compared to Q1 2009.

As usual though, the numbers don’t tell the real story. Most of the money is not really going into revolutionary ideas and innovations but into evolutionary ones- with as much as US$704 million going into electric- car related products and services.

Given the rise in frequency and intensity of natural calamities (the latest being the 6.2 earthquake in Mindoro, Philippines last week followed by the 7.2 earthquake in Baja California yesterday), it’s a no brainer to expect more investments pouring into this sector for the next few years (not even counting government funding). And if you don’t think that’s the case, just see where investment mogul Warren Buffett is investing.

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