Cleantech Network™ projects 2007 Cleantech investment in China will total $580 million a nd more than $720 million in 2008

‘The China Cleantech Venture Capital Investment Report™’ Finds Chinese Cleantech Investment Increased 147% between 2005 – 2006 and Totaled $154 Million in Q1 2007

Beijing & Ann Arbor, Michigan – July 19, 2007 – The Cleantech Network™, a Cleantech Group™ company, today announced that Chinese cleantech venture capital investment is expected to rise dramatically in 2007 to US $580 million and will surpass $720 million in 2008. Additionally, the company’s China Cleantech Venture Capital Investment Report states that cleantech investment in China increased 147% from 2005 ($170 million) to 2006 ($420 million) and that Q1 2007 cleantech investment in China totaled $154 million. These findings and more can be found in The China Cleantech Venture Capital Investment Report, which was released today and can be downloaded for free at http://cleantechnetwork.com/index.cfm?geSRC=Whitepapers.

"This landmark report clearly shows that China is a promising marketplace for clean technologies," stated Keith Raab, CEO and Co-founder, Cleantech Group™ LLC. "Trends emerging in 2007 point to more cleantech companies going public with at least four IPOs anticipated by Chinese companies in the solar segment alone."

Cleantech Network™ provides comprehensive, in-depth information for entrepreneurs, executives, investors, policy makers and thought leaders interested in the advancement of clean technologies to assist them in making informed decisions.

"The China Cleantech Venture Capital Investment Report is an important part of our global commitment to catalyze and accelerate the growth of cleantech markets," said Jerry Li, China Country Director, Cleantech Group. "This report analyzes not only energy-related segments, but also other critical sectors such as water and wastewater, transportation and agriculture."

• 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™ family of companies 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 through five business units; the Cleantech Network™, Cleantech Advisors™, Cleantech Indices™, Cleantech Search™ and Cleantech China™. Since introducing cleantech as a successful investment category in 2002, the efforts of the Cleantech Group™ companies have spawned a new investment class with an annual growth rate exceeding 50%, with more than $4.1 billion in venture capital invested in North America, Europe and China in 2006.