Solar powers $1.1 billion us vc investment in cleantech in q2 2011

US venture capital investment in cleantech companies experienced a significant decrease of 44% to $1.1 billion in Q2 2011 compared to Q2 2010. The decline came after a record-high quarterly VC investment of $1.9 billion in Q2 2010. However, on a consecutive quarter basis, Q2 2011 saw an 8% increase in dollars invested compared to Q1 2011. The Energy/Electricity Generation segment, particularly solar companies, attracted the most investment, followed by Industry Products and Services and Energy Efficiency segments. Revenue-generating companies received the largest share of VC investment, accounting for 79% of the total in Q2 2011. California led the way with 51% of the dollars raised, although it experienced a decline compared to the previous year.