Energy venture capital more than doubles in Europe
A few other things of note in the Red Herring article:
- Yet another energy technology venture fund is being raised (Energy Ventures II, following on the heels of Energy Ventures), this one in Norway, with more than $50M already committed
- The article mentions several European and Israeli firms that have received funding so far this year
- This interesting quote from an executive VP at Konarka: "The value of renewable energy is higher in Europe than it would be in the United States." A sentiment that probably explains the dramatic rise in funding there.