23 February 2011 16:36 [Source: ICIS news]
NEW YORK (ICIS)--High energy prices and continued environmental concerns will further drive investments in clean technology in 2011 after a record investment year last year, analysts from ?xml:namespace>
The firm released its annual Clean Technology Primer report during a two-day investor conference in
The report addressed key sectors such as alternative energy, water, energy storage, industrial biotechnology, bioplastics, carbon sequestration and project finance.
“In solar, we are looking to another big year with annual installations growing by more than 23% to around 17.2 gigawatts (GW),” said Jefferies analyst Laurence Alexander.
“We are also positive on wind and expect the global wind market to grow by 11% this year to around 40.3 GW,” he added.
He noted large
“These activities have raised the profile for industrial biotechnology and reduced the scarcity of pure play players such as bioplastic manufacturer Metabolix,” said Alexander.
“The two themes for 2011-2012 are companies that enable the conversion of biomass to feedstock and can deliver step-changes in economics that disrupt established markets, especially broad commodities such as nylon, polyethylene and polypropylene,” he added.
According to the Jefferies report, individual states in the
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