A surge in renewable energy development is expected in the wake of most Asian jurisdictions making net-zero commitments. Investors are bullish on the macro picture but cautious on the detail
With data driving increasing amounts of business activity, companies are paying more attention to energy sourcing and consumption at the facilities tasked with processing this information
Digital start-ups play a crucial role in energy transition and therefore represent a significant investment opportunity. The best approaches consider human nature and social themes as well as widgets
Brookfield Asset Management recently raised USD 15bn for a fund dedicated to global energy transition. Daniel Cheng, a managing director with the firm in Shanghai, maps out likely deployment
Australia’s Virescent Ventures, a VC firm spun out earlier this year from Clean Energy Finance Corporation (CEFC), has led a AUD 40m (USD 29m) Series A round for local hydrogen energy start-up Hysata.
Australia-listed renewable energy producer Genex Power has rejected an initial AUD 320m (USD 225m) buyout offer from Skip Capital and Stonepeak Partners, but it is open to further advances.
Circulate Capital, a Singapore-based environmental technology impact investor, has reached a third close on its second fund with USD 53m in commitments to date.
Great Wrap, an Australia-based start-up that manufacturers compostable cling film from food waste, has raised AUD 24m (USD 17m) in Series A funding.
Japanese autonomous driving technology developer Tier IV has raised a USD 87m Series B round from strategic investors and received a USD 183m government grant.
In throwing its support behind Enpower Greentech, Dayone Capital hopes the Chinese company can turn solid-state batteries into a commercially viable reality for electric vehicles
Advances in synthetic biology and China’s carbon-neutral ambitions have prompted investors to re-examine bio-manufacturing plays. Mojia Biotech is among the beneficiaries
The Blackstone Group has led a USD 400m investment in Xpansiv, an Australia and US-based marketplace for trading clean commodities such as carbon offsets, renewable energy credits (RECs), and low-carbon fuels.
PAG plans to commit more than USD 1bn to renewables over the next several years with the launch of a platform dedicated to the development, construction, and operation of projects in Asia.
China-based Enpower Greentech, which claims to be a pioneer in next-generation all-solid-state batteries (ASSBs), has raised more than USD 20m in an extended Series A round led by Sequoia Capital China and Dayone Capital.
Temasek Holdings has led a USD 80m Series B round for Shanghai-based bio-manufacturing start-up Mojia Biotech.
Zhongchu Guoneng Technology is leading China’s push into compressed air energy storage as a means of harnessing fast-rising yet unstable wind and solar capacity. Tsinghua Holdings Capital is among the backers
Hillhouse Capital has reached the first close on its debut renminbi-denominated carbon neutrality fund, which has an overall target of around CNY 4bn (USD 597m).
Sequoia Capital China has led a USD 210m Series A round for Envision Digital, a Singapore-based technology developer focused on helping organisations achieve net-zero greenhouse gas emissions.
Singapore’s Temasek Holdings has committed an initial SGD 5bn to a newly launched platform designed to make investments that accelerate decarbonisation globally.
Zhongchu Guoneng Technology (ZGT), a China-based energy storage company, has raised CNY 320m (USD 48m) in pre-Series A funding led by Tsinghua Holdings Capital.
BluSmart, which claims to be India’s first integrated electric vehicle (EV) ride-hailing and charging business, has closed a USD 50m Series A round led by BP Ventures and local cleantech investor Green Frontier Fund.
Skip Capital, a private investment firm established by Atlassian co-founder Scott Farquhar, has led a USD 14m Series B round for Neara, an Australian software-as-a-service (SaaS) platform that serves utilities.
China-focused Primavera Capital Group is looking to raise approximately CNY 10bn (USD 1.5bn) for a carbon neutrality fund, emphasising the increased popularity of sustainability strategies among local private equity investors.
Regrow, an Australian-based sustainable agriculture start-up, has raised USD 38m in Series B funding led by Galvanize Climate Solutions, Rethink Impact, and Salesforce.com CEO Marc Benioff’s Time Ventures.