Although wind power remains the undeniable leader in clean energy generation, solar energy has become the most visible symbol of the sector’s emergence and a favorite of many investors. In the past two years, solar energy has become an especially hot spot in the clean energy sector. In 2007, solar energy start-ups raised the lion’s share of new investments in the sector, or roughly $600 million in capital raised in 39 deals.
And then the party came crashing to a halt, courtesy of the credit crisis. The question is: how bad will the hangover be? Or, more importantly, how long will it last?
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