Today we're announcing a new initiative to identify and invest in early-stage, privately-held Chinese companies with promising technologies that can advance or complement the company’s core expertise, particularly in the areas of cleantech, display and semiconductor manufacturing.
Applied Ventures welcomed another investor in one of its portfolio of companies, Tera-Barrier. As a spin‐off company from the Institute of Materials Research and Engineering/A*STAR, the company has a strong patent portfolio (29 patents) on transparent gas barrier technology, encapsulation and gas permeation measurement system has been transferred to the company.
The demand for coal-powered electricity generation continued to grow, especially in Asia, during the 2009 global recession. Over 1 gigawatt of coal-powered electricity generation was added in China per week. With no signs of slowing, what can be done to change this pattern? One idea being discussed with friends is the creation of an America-China Energy Trust to help build a new green energy economy in China.