United States: Energy and Clean Tech Connections (July 2010)

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26 July 2010
Article by Mintz Levin Energy and Clean Technology Group

In the July edition of Energy and Clean Tech Connections, we've gathered
recent information from a wide variety of sources in an effort to keep you
abreast of what's new in the world of clean energy. We draw your attention
to the latest industry developments, news from local governments to Capitol
Hill, grant opportunities, and upcoming events.

This month, the Energy and Clean Technology Practice Group would like to
congratulate client EnerNOC. This week, the Boston-based power management
company was named the top firm in the demand response industry by Greentech
Media. After reaching new contracts with clients such as the Tennessee
Valley Authority earlier this year, EnerNOC has increased its total load
management to nearly 5 GW.

Data released this month shows that clean tech venture capital financing
continued its upward trend in the second quarter of 2010, with investments
totaling over $2 billion worldwide for the second consecutive quarter. After
the global financial crisis drove investment in the space down in 2009-$4.85
billion invested following a record $7.6 billion in 2008-venture capital
appears to be flowing to clean tech companies at pre-crisis levels. For more
analysis on the data, please see our recent alert.