Asia climate deals: VC invests $525 million in sustainable Jakarta-based ag startup

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Asia climate deals: VC invests $525 million in sustainable Jakarta-based ag startup

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VC invests $525 million in sustainable Jakarta-based ag startup

Wavemaker Impact funds will bolster Jakarta-based Zentide, which leverages tropical seaweed in regional farming. Technode Global

$100 million financing for EV charging in Philippines

Ayala Corp. will build an EV charging network and buy electric vehicles with blended finance from the ADB and others. ADB

Papua New Guinea opens tender for solar project

In partnership with the UN, the PNG government and PNG Power have opened bidding for a solar-plus-battery storage minigrid. PV Magazine

S’pore and Japan companies in solar partnership

Singapore-based Hexa Renewables and conglomerate Marubeni plan to co-develop 100MW of solar capacity across Japan by 2028. PV Magazine

New fund earmarks $500 billion+ for SEA renewables

Three European financial institutions forming Sustainable Asia Renewable Assets aim to build 500 MW of clean power starting in Vietnam and the Philippines. Asian Power

Featured photo source: Zentide

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Kari Huus

Kari Huus is a writer and editor based in Seattle. She was a staff reporter for MSNBC.com from 1996-2014, with stints covering international business, foreign policy, and national affairs. Earlier, she reported on China for the Far Eastern Economic Review in Hong Kong, and Newsweek in Beijing. From 2015 to 2020, she was managing editor for the website Money Talks News.