Intel Capital is the investment arm of the Intel we all know, and it seems that green technology is on its agenda (EcoGeek logo fiasco aside). The company has recently invested $20 million into Trony Solar Hodlings Co., a company that makes thin film solar and specializes in building-integrated installations. Another investment went to NP Holdings, Ltd., who makes electric storage systems.
It is no surprise why China is becoming a burgeoning home for cleantech ventures. It has the industrial capacity and – more importantly, right now – capital. As we’ve mentioned with the wind power industry, capital and credit are two things that the US could use more of these days, and that the Chinese government has to offer. And so while investors and VCs flock to the other side of the Pacific, all the US cleantech startups can do is sigh.
Via The Wall Street Journal, Earth2Tech
Image Via Intel Capital
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