Alternative Energy / Cleantech Monthly Update

By Thomas Weisel Partners
February 2009

President Obama began shaping policy around alternative energy anddefining its role in the U.S. stimulus package after his inauguration inJanuary
  • The Economic Stimulus Plan approved by the House of
Representatives and two committees in the Senate contains at least $73billion in subsidies and direct investment in renewables, energyefficiency and the grid
  • Major indices were down, on average, 8% in January continuing the poorperformance seen in 2008
  • Alternative energy stock prices performed in line with the majorindices during January with the Wilder Hill Clean Energy Index down 8.0%
One public alternative energy / cleantech deal priced in January
  • China Singyes Solar Technologies raised $8.0 million
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