Annex Power, a portfolio company of Asia Cleantech Capital, announced a $30 million investment by Armstrong Asset Management. See article here.
The following was published on December 5, 2012. By Ron Mahabir
SINGAPORE SHOULD INVEST MORE HEAVILY IN CLEANTECH
AS WE speed dangerously along the highway of global economic growth, it has become awfully clear that we are headed for major accidents in food, water and other resource shortages, as well as increasing environmental disasters.
We just have had way too many red alerts in recent years including Fukushima, Gulf of Mexico, Katrina, floods and heat waves to not take these a great deal more seriously. It is probably more than coincidence that 2012 is on track to be the hottest year in the United States and Hurricane Sandy was the largest Atlantic hurricane on record. Continue reading
The assumption of cheap conventional energy consumption is wrong and we can’t wait for another energy shock to scramble for solutions. By Ron Mahabir
ANYONE still keen on nuclear power generation after Chernobyl, Three Mile Island, Idaho Falls and most recently Fukushima, should be encouraged to move their family within close proximity of the nearest nuclear power plant or radioactive waste disposal site. Continue reading
Two portfolio companies of Asia Cleantech Capital, Annex Power, a leader in Southeast Asia for large-scale solar, biogas, wind and other renewable energy solutions, and Greenlots, Asia’s preeminent provider of electric vehicle charging solutions, were both selected as part of the Red Herring’s Top 100 Asia Award for private companies.
Asia Cleantech Capital, an investment firm that focuses on clean technology (“cleantech”) startups, today announced that Franklin L. Lavin has joined the firm as Senior Advisor. Former Under Secretary for International Trade at the United States Department of Commerce and United States Ambassador to the Republic of Singapore, Lavin will promote energy and environmental issues and global relationships to help Asia Cleantech’s growing portfolio of renewable energy and clean transportation companies in the region. Founded in 2006, Asia Cleantech is a pioneer in Asia’s developing cleantech markets and is focused on rolling out proven technologies in the renewable energy (solar, wind, bioenergy, and small-hydro) and clean transportation (electric vehicles, sustainable biofuels) sectors.
See full press release
Asia Cleantech will be speaking at Infrastructure Asia 2010 in Singapore, October 20-21st.