Wall Street Journal article comments on negative market for cleantech

December 10, 2012 |

In the Wall Street Journal, an article focused on the alternative energy market noted the downturn of Amyris’s stock after its IPO in 2010, decliing over 80% in two years. The article discussed the higher profit margins accessible by oil refiners after the introduction of new drilling techniques in conjunction with the increasingly tough market for clean tech firms: “It’s been a very challenging time for IPOs in clean-tech,” said Sheeraz Haji, chief executive of consulting firm Cleantech Group in San Francisco.

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