1. Mike Rosenfeld, Vice Consul USA Clean Technology Sector Lead UK Trade & Investment British Consulate-General Clean Tech Industry Overview UK Trade & Investment US Network Conference

3. Current Situation & Trends Annual investments have steadily increased, with the industry picking up pace in 2006. Investment profile follows a similar pattern in clean tech focused venture and private equity fund raising. The first three quarters in 2008 have already seen more investment than all of 2007 and may reach up to $6 billion. North America Annual Clean Tech VC Investment ($ billions) $279m $708m $477m $753m $883m $912m $1.3b $2.8b $4.0b $4.35b

4. Clean Tech Represents at Least Nine Different Markets

5. Water Treatment & Conservation $millions

6. Recycling $millions

7. GreenBuilding $millions

8. Smart Grid $millions

9. Transportation $millions

10. Global Biofuels & Biomass $millions

11. Energy from Waste/Waste to Energy $millions

12. Growth of cumulative fuel cell units per application between 1997 and 2006 Courtesy & copyright of Fuel Cell Today

13. Thin Film Solar PV $millions

14. Concentrated Solar Thermal $millions

15. 40% of all Clean Tech VC investment is in Solar, due in large part to thin film and Concentrated Solar Thermal. Thin film solar companies are raising massive war chests and ramping up quickly with next-generation manufacturing facilities. Biofuels 2.0 has revived the sector with cellulosic biofuels and algae leading the way with large raises and capital expenditures. Smart grid and water and beginning to gain momentum within VC investment community. Green Building companies considered to be underinvested, although investment may come at decreased valuations, given the downtown in housing. Other sectors continue to receive interest but have not experienced the sustained capital flows of these primary industry sectors. Current Situation & Trends - Recap