
Companies are looking to advance the green energy industry in ways that have a more groundbreaking effect on the country.
According to a recent article in the Christian Science Monitor, America remains the leader in private-sector investment in clean energy technology, and the country is making an effort to keep up with its competition.
"I think clean-tech industry is still a growing area for venture capital investments," said Mark Heesen, president of the National Venture Capital Association, told CSM. "It is an area fraught with a lot of risks – no question about that – but there are also huge and significant game-changing technologies coming out of venture-backed clean-tech companies."
Citing numbers from the Cleantech Group, the source reported China has invested far more public money into clean energy technology than any other country, but the United States remains in first place when it comes to venture capital.
Cleantech reported the United States accounted for 76 percent of the $2.2 billion in clean energy venture investments in the third quarter of 2011. The next closest in venture investments was the Asia-Pacific region, which accounted for 14 percent .
According to a recent Bloomberg New Energy Finance report, green energy investments surpassed $1 trillion in November.

