The global trend for investing in Renewables is looking good and some VC's will continue to make money while other's gamble on less 'cleaner' initiatives like ethanol.
[Source]
U.S. Venture and Global Clean-Energy Investments:
In 2009, U.S.-based venture capital investments in energy technologies declined from $3.2 billion in 2008 to $2.2 billion in 2009, according to Bloomberg New Energy Finance. However, as a percent of total VC investments, energy tech grew from 11.4 percent in 2008 to 12.5 percent in 2009. This represented the largest share in the history of the clean-energy asset class.
The report can be downloaded from http://www.cleanedge.com/reports/reports-trends2010.php
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