Renewable energy market to grow to $100 bln by 2014

Clean Edge stated that the renewable energy markets are poised to grow to more than $100 bln by 2014 from $16 bln in global revenues in 2004. Venture capital investments in US-based energy-tech companies increased to $520 mln in 2004 from $509 mln in 2003, representing nearly 3% of total VC investments in the United States in 2004.