New research shows cleantech sector mired in difficult overall financing environment

Investment in clean technology declined in 3Q

DENVER — A London-based research firm says third-quarter overall investment dipped for the clean technology sector which was hampered by a lack of access to credit markets.

New Energy Finance reported Friday that global investment in cleantech was about $25.9 billion in the third quarter, down 22 percent from the year-earlier quarter.

The total is 9 percent less than the second quarter but nearly double the $13.3 billion invested from January to March.

The investment figure includes venture capital, private and public equity, asset financing, bonds and corporate debt.