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Intel Capital To Invest In Chinese Clean Energy Company

29 October 2008 by GreenChinaTech.com Editor

U.S. media reports that Intel Capital, the global investment arm of American chip maker Intel Corp, will invest USD20 million in Trony Solar Holdings, a Chinese thin-film solar cell company headquartered in Shenzhen, Guangdong Province.

The other two Chinese firms involved in Intel Capital's investment plans are NP Holdings, specializing in massive electricity storage systems, and View High, a software provider for the health-care industry.

Trony Solar Holdings and NP Holdings are Intel's first Chinese cleantech investments, according to Stephen Eichenlaub, managing director of Intel Capital.

Despite the global financial turmoil, Intel Capital says that it remains committed to the China market and has no plans to slow down investment in the mainland. Intel Capital managing director for the Asia and Pacific Region, Cadol Cheung, stated that the USD500 million Intel Technology Fund II, which was launched in April, has invested in six projects so far.

Trony Solar Corporation was established in 1993. It is one of the biggest domestic manufacturers of solar energy and solution program suppliers.

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Find more stories about: alternative energy, health care, Intel, Intel Capital, NP holdings, Shenzhen, solar power, Trony Solar, View High





Related Posts

  • DuPont Expands Solar Power Projects In ChinaDuPont Expands Solar Power Projects In China
  • Tesla Delivers Cars To Chengdu ConsumersTesla Delivers Cars To Chengdu Consumers
  • Vistra expands China operations with ICSME Corporate Services acquisitionVistra expands China operations with ICSME Corporate Services acquisition
  • Company Aims To Sell More Solar Options ChinaCompany Aims To Sell More Solar Options China
  • Harbin Electric Works Towards A Green Energy FutureHarbin Electric Works Towards A Green Energy Future
  • SolarBridge Begins Production In Southern ChinaSolarBridge Begins Production In Southern China
  • Shanghai Electric Inks JV Agreement For Energy Saving BusinessShanghai Electric Inks JV Agreement For Energy Saving Business
  • Chinese Firm Focuses On Solar Energy In AmericaChinese Firm Focuses On Solar Energy In America
  • Yingli Green Energy Expands Production CapacityYingli Green Energy Expands Production Capacity
  • Alstom Eyes China’s Green Energy SectorsAlstom Eyes China’s Green Energy Sectors






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