Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Orix Corp, and Robeco Institutional Asset Management, has committed $20 million to US-based energy storage technology developer Fluidic Energy.
India’s Piramal Enterprises has invested INR5 billion ($73 million) in Indian renewable energy and telecom solutions company Acme Cleantech Solutions.
Australia’s Impact Investment Group has raised A$13 million ($10 million) for a domestically focused venture capital fund. The initial target was A$10 million.
Chinese private equity firm Hony Capital has re-upped in Australia-listed oil and gas supplier Santos for A$159.2 million ($120.8 million).
Indian motorcycle giant Hero MotoCorp will invest about INR2 billion ($31 million) in domestic VC-backed electric vehicle (EV) start-up Ather Energy.
Ostro Energy, an Indian renewable energy platform backed by Actis Capital, has agreed to buy a solar power project owned by Suzlon Energy.
Azure Power, an Indian solar panel company backed by several PE investors, has raised $61.4 million in its IPO on the New York Stock Exchange.
H&Q Asia Pacific has led a $7.8 million investment in Efficient Drivetrains (EDI), a US and China-based developer of electric vehicle (EV) systems and technologies.
Equis has signed a wind power offtake deal with an Indonesian electricity supplier as part of a $500 million renewable energy project package.
The renewable energy division of Australia’s Department of Industry, Innovation & Science has launched a A$20 million ($15.3 million) seed fund that will focus on domestic clean energy start-ups.
Singapore’s UOB Venture Management (UOBVM) and Japanese financial group Orix Corp. plan to invest $50 million in Bitexco Power Corporation, the largest privately-owned hydropower company in Vietnam.
Indian investors feel that despite recent problems with yieldcos on the global market, the model still holds promise for the country’s renewable energy sector
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $125 million in Hero Future Energies (HFE), a renewable energy platform based in India.
With significant policy support for the sector, Partners Group thinks its investment in Formosa Solar could be the first of numerous sizeable deals in Taiwan renewables
China-based solar cell manufacturer Trina Solar has agreed a $1.1 billion take-private deal with a consortium comprising its chairman and CEO as well as several domestic private equity funds.
Partners Group has committed $200 million to the creation of a portfolio of solar power plants in Taiwan over the next three years.
The QIC Global Infrastructure Fund and Future Fund have committed A$800 million ($598 million) to the Powering Australian Renewables Fund (PARF), a vehicle launched by domestic electricity provider AGL Energy to bankroll large-scale renewable energy projects.
GSR Ventures has participated in a $70 million financing round for Protean Electric, a US automobile equipment developer with an expanding operations base in China.
Singapore’s smart nation urban development policy has attracted noticeable interest from the VC industry. The plan’s broad inclusiveness and lack of hard targets could bode well for its sustainability
Go Scale Capital, a technology-focused PE firm with links to GSR Ventures, has teamed up with US-listed solar power specialist SPI Energy on a $500 million project to build an electric vehicle (EV) battery projects business in China and globally.
Armstrong Asset Management and the International Finance Corporation (IFC) will invest in Vietnamese hydropower company Gia Lai Electricity (GEC).
Wind turbine manufacturer China Ming Yang Wind Power Group has delisted from the New York Stock Exchange following a take-private involving the company founder and several local private equity investors.
India's Tata Power has agreed to acquire Welspun Renewables (WREPL), a subsidiary of Welspun Energy backed by the Asian Development Bank (ADB) and German development finance institution DEG.
China Three Gorges Corporation has agreed to buy an 80% interest in one of Germany’s largest offshore wind farms from The Blackstone Group.