Private investment in clean energy is continuing to climb, with venture capital and private equity funding in the sector reaching $10.5 billion in 2019, according to a new report by the research firm BloombergNEF .
"We're seeing a resurgence in the last two years," Tom Blum, a member of Clean Energy Venture Group, told Business Insider late last year. "Renewables, which had been plodding along steadily, are taking a huge upturn." with nearly $10 billion in 2019, which is the second-highest investment sum in a decade.
None of the top 20 clean-energy investors, by capital, were involved in more than two deals, according to BNEF. Business Insider looked, instead, at VC and PE investors that were most active, based on the number of deals they financed or co-financed that closed in 2019.
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