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Cleantech Sector’s Cachet Rises Abroad

From the Boston Globe:

"Foreign investors are pouring millions of dollars into US alternative energy companies, seeking new technologies and markets even as enthusiasm for the once hot industry wanes among their American counterparts."

"In booming China...cutting energy consumption and pollution has become an urgent priority for the central government, which is creating markets for clean energy technologies and spurring a worldwide drive by the Chinese to acquire them."

"Analysts say that many foreign investors see potential in the US market. European investors from countries such as Germany and Netherlands, where climate policies have led to quick adoption of renewable technologies, are seeking new opportunities across the Atlantic, analysts said.  Meanwhile, energy technology companies from Japan and Korea are willing to take risks for the chance of breaking into the huge American market."

http://www.bostonglobe.com/business/2014/03/29/investor-enthusiasm-for-clean-tech-wanes-foreign-backers-step/Bei5kEqTOPGTY3iQPqTv7K/story.html