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Global cleantech investments totalleed $1.2 billion across 94 companies, a 12 percenrt increase over thefirst quarter. The increase was driveh by interest inalternativ vehicles, which grabbed $236 and advanced batteries, which received $165 million. Mass., lithium ion batterty maker landeda $100 million investmentg round led by Co. in April. The report’a authors say cleantech companies will continue to be buttressee by investments by the federal government and electrid power companies to complement venturecapitalp investment.
“New investment tax credits are playin a major role in making newsolatr thermal, solar PV, and wind projects more economically viable for utilities, which are bringinf their access to capital to the said Scott Smith, United States leader of Deloitte’s cleantech practice, in a
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