Lynette Cornell, October 13, 2010. [Nexamp note: Nexamp is one of the 30 largest cleantech companies, according to Mass High Tech's recent survey, the results of which are contained later in the article]
Despite its significant presence as measured in venture capital dollars, the cleantech industry is getting held back by the federal government’s lack of a coherent energy policy, according to Peter Rothstein, president of the New England Clean Energy Council.
Last year, North American companies raised $3.5 billion in VC funding, according to a 2010 report from the Cleantech Group LLC. That number is more than triple the amount, just under $1.1 billion, invested in 2002. Yet, according to Rothstein, three major obstacles have been hindering cleantech growth. Link to Article