Here is another article on the massive flow of venture capital money into Energy Efficiency, from an Ernst & Young report. At the end of January, we had a similar post with reports from Deloitte as well as Greentech.

The numbers never seem to match among the reports, but the consensus is the same: The money is flowing away from solar and wind companies and into Energy Efficiency companies. Further proof that we are onto something here at Green Squared!

Here is E&Y’s pertinant data:

In the fourth quarter, there were more deals in energy efficiency companies than any other category, with $252.8 million raised in 22 deals. Roughly $133.7 million was invested in 14 deals in the third quarter.

For the entire year, venture capitalists put $593.3 million into energy efficiency companies.

When the investment community speaks with their wallets, I listen.

FYI, here is a list of five green business trends of 2010, where they list GREEN BUILDINGS/ENERGY EFFICIENT PROJECTS.

4. Green buildings. It’s no longer enough just to sell a green product or service – businesses are realizing they must practice what they preach in their own facilities. President Obama has pushed energy efficiency into the national spotlight, and provided money to governments to hand out to businesses in 2010 for energy upgrades. Many utilities, being held to stringent energy-reduction standards, are also throwing money at customers who make upgrades. This year, many businesses are finally looking to take advantage of the incentives.

And, this article on Ford embracing sustainability at their dealerships. While I like it, they should also set a transition date and milestones, rather than no requirement to participate.