Cleantech Group announces two new reports profiling India and European markets

Spotlights gobal investment growth and opportunities

SAN FRANCISCO, April 7, 2008 -- The Cleantech Group, LLC, founders of the cleantech investment category and providers of market leading research, today announced the release of a groundbreaking report on investments in clean technology companies in India and a new report on cleantech opportunities in Europe.

INDIA

The first report on India was released today at the inauguration of Cleantech Group’s operations in India in New Delhi. Entitled "Cleantech Venture Capital and Private Equity Investment in India," the full report can be accessed via www.cleantech.com/india

In its in-depth report of the emerging cleantech market in India, Cleantech Group highlights industry pioneers and investors in India’s primary cleantech sectors, from energy generation and energy storage to water, agriculture and materials. Cleantech Group tracked venture capital and private equity investments in the sector for 2006 and 2007. Key findings include:

• Venture capital and private equity cleantech investments in India more than doubled between 2006 and 2007, with investment activity growing from USD $140M in 2006 to $290M in 2007, a 107 percent increase.

• Between 2006 and 2007, the research recorded 28 venture investments/project finance transactions.

• The leading categories in India by total investment were energy generation and water.

• The findings unveil the extent to which India’s participation in the Kyoto Protocol has spurred demand for carbon credits associated with CDM (Clean Development Mechanism) projects.

EUROPE

"The European Cleantech Report," to be released at the upcoming Cleantech Forum XVII in Brussels, Belgium on April 28-30, 2008, highlights 2007 as a record for cleantech venture investments with €977 million. Among its findings:

• Total European cleantech venture capital investment in 2007 grew by 20 percent over 2006, resulting in a single year record of €977 million across 127 transactions.

• Spain had Europe’s largest cleantech venture capital transaction over 2007 with Isofoton S.A., producer of crystalline silicon photovoltaic cells and modules and solar thermal systems, which raised €150 million in 3Q07 from Deya Capital SCR       SA.

• Companies in Western Europe received €597 million, equal to 61 percent of total European cleantech investment, across 92 transactions. Companies in the United Kingdom received €349 million or 36 percent of the total across 58 transactions.

• The energy generation category captured €501 million, equal to 51 percent of total European cleantech investment, across 54 transactions. The top ten energy generation transactions included four bio-fuel companies, three solar companies, two wind companies, and one tidal power company.

"The cleantech market is increasingly operating on a global scale," said Nicholas Parker, Chairman and Managing Partner, Cleantech Group. "By extending our research capacity into emerging markets such as India, China and Australia Cleantech Group provides unrivaled insight and analysis for investors and corporations worldwide.

• About Cleantech Group, LLC
• The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers, and entrepreneurs to facilitate the growth of cleantech globally. Visit http://www.cleantech.com.
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