RED HERRING | Clean Energy Tops $42B: "For clean energy IPOs and secondary offerings, New Energy estimates that current annualized public market fundraisings have reached $4.2 billion.
Wind energy leads the way in clean energy IPOs and secondary offerings at $1.5 billion from 2001 to 2005, followed by solar with $1.4 billion. Fuel cells were $496 million, while biofuels reached $254 million.
New Energy believes the volume of clean energy investment is large, growing, and diversified by asset class, geography, and technology. However, the firm cautions that the investment volume is far from the volume and profile needed to match the growth in global energy use."