Cleantech
JinkoSolar relaunches IPO
JinkoSolar Holding Co., a Shanghai-headquartered manufacturer of photovoltaic solar cell products originally invested by Pitango Venture Capital, Shenzhen Capital Group, and China Israel Value Capital, has refiled for its NYSE IPO after postponing this...
First low carbon fund launched in China
The ZheShang Nuohai Low Carbon Fund, which claims to be China’s first dedicated private equity vehicle focused exclusively on the energy conservation, environmental protection and new energy sectors, was formally established at the end of March.
Lend Lease takes an $8 million stake in Daintree Networks
Australian leading dedicated cleantech investor Lend Lease further diversified its portfolio by making an $8 million investment in California-based wireless lighting control services provider Daintree Networks.
Pacific Road invests Oz Carbon Energy
Australian private equity firm Pacific Road Capital Management will reportedly pick up a 10% stake in locally-listed coal gasification business Carbon Energy from the national Commonwealth Scientific and Industrial Research Organisation (CSIRO).
IFC to make first solar investment
World Bank investment unit the International Finance Corporation has confirmed that it will inject $10 million into India’s Azure Power, a solar energy service provider, to expedite that company’s nascent power projects in states such as Punjab, Haryand...
Yes Bank cleantech fund first closing
India's private-sector Yes Bank is reportedly within two to three months of a $80 million first close for its first private equity cleantech fund, according to a public statement by the bank's COO, Alok Rastogi.
Green investing: The other side of the summit
COP15 may not yet have forged a future-proof global greenhouse gas reduction regime; but some still see it as an important step forward – and promising opportunities are budding in the green sector, especially in Asia.
WI Harper to take stake in Taiwan's Testar
Veteran VC firm WI Harper Group has agreed an investment into Taiwan’s Testar Electronics Corporation, which specializes in testing and optimizing Light Emitting Diode (LED) chips, and which will spin out from its parent company Chroma Ate Inc. under...
Harbor Pacific makes maiden first close
Harbor Pacific Capital, a Silicon Valley-based VC firm focused on tech companies in the US and Asia, has raised $32.8 million for the first close of its maiden fund, Harbor Pacific Capital Partners I, LP.
A&J Venture backs PRC green investee for OTCBB listing
A&J Venture Capital Group, Inc., an Over-The-Counter Bulletin Board (OTCBB)-listed German investor headquartered in Heidelberg and focusing on Chinese SMEs, has announced its agreement with China Honeycomb Ceramic to support the latter's preparation for...
Aureos invests Shanghai Fucheng
Emerging markets investor Aureos Capital has reportedly invested some $3.4 million into Shanghai Fucheng Environmental Protection Engineering from its Aureos China Fund.
Northern Light, Sequoia, DFJ, DT get Prudent in Beijing
Northern Light Venture Capital has led a Series C round into Beijing-based energy storage and renewable power developer Prudent Energy, in partnership with Sequoia Sequoia Capital China, and alongside existing VC investors Draper Fisher Jurvetson and...
Spring Capital announces second close, deal
Spring Capital Asia, the independent Greater China private equity firm formed by former JAFCO Head of North Asia Vincent Chan, has announced a $184 million second close of its debut Spring Capital Asia Fund, plus an investment in a wind power company...
China Everbright to partner on new energy RMB fund
China Everbright Ltd. and four local enterprises from Jiangyin city in Jiangsu province in eastern China, plan to launch an RMB3 billion ($ 440 million) fund focused on new energy projects and resources.
IFC plans to invest PRC's Universtar
According to an environmental and social review on its website, the International Finance Corporation (IFC) is planning to invest up to $20 million in Universtar Science & Technology (Shenzhen) Co. Ltd., a Chinese developer of environmental monitoring...
Indian biomass project attracts IFC support
The World Bank’s investment arm, International Finance Corp. (IFC) has announced it will nearly double its investment in an Indian 18MW biomass alternative energy project being developed by Auro Mira Bio Systems Kanyakumari Pvt Ltd, part of the AME group....
ADB plans cleantech fund
The Asian Development Bank reportedly plans to raise at least $100 million in a private equity fund for investing in developers of advanced clean energy technologies in Asia Pacific.
SBI plans second cleantech fund
Japanese financial services group SBI Holdings plans to raise ¥30 billion ($332 million) for a second venture fund with a special focus on Asia’s clean technology sector, forecasting an expected IRR of 25-30%.
Intel Capital, CIC agree cooperation
Leading US corporate VC Intel Capital has announced a joint innovation investment initiative with PRC SWF the China Investment Corporation (CIC).
WI Harper's Lam made Valley's AAMA president
WI Harper Group MD David Lam has been appointed President of Silicon Valley's Asia America MultiTechnology Association (AAMA), a Valley business network set up to foster VC ties between Sand Hill Road and Asia.
SPRING SEEDS-backed biofuel plant opens in Singapore
The opening of the Singapore Emulsion Fuel Pte Ltd marks a new era in the city state’s long-term history as a major regional fuel refiner. Backed by SPRING SEEDS Capital, under the aegis of the National Environment Agency (NEA) and the Building & Construction...
TPG buys into Indian green energy with Greenko
TPG Capital has made its first investment in the country’s clean energy sector, with a c. $35 million buy-in into prominent Indian biomass power generator Greenko, as part of a placement of 51.4 million new shares and a $116 million capital raising from...
BTS targets new $150 million Indian clean energy fund
BTS Investment Advisors, a private equity fund jointly headquartered in Zurich and Mumbai, will raise a new $150 million fund focused on the clean energy space.
IFC to support Indian hydro with AD Hydro Power
The World Bank’s private investment arm, International Finance Corporation (IFC) has announced it will extend $15 million of equity and $67 million of debt to AD Hydro Power Ltd., a 192-MW project in Himachal Pradesh under joint development by Bhilwara...