Switzerland

As such, the Asian cleantech sector continues to offer some attractive long-term growth prospects.

Indeed, cleantech investment in Asia is likely to be robust in 2010, as governments continue to adopt initiatives and stimulus packages to promote energy efficiency throughout their economy. In addition, international funds, such as the World Bank and Asian Development Bank (ADB), are providing additional sources of capital for technologies and projects. These elements are conducive to growth within the sector. “The number of energy management companies and energy service companies is continuing to increase, facilitating financing opportunities for development stage companies.

  Opportunities:

Economic growth, energy security and the development of a sustainable living environment are key drivers behind the rise of cleantech and renewable infrastructure investments. Many governments in Asia are keen for local companies to become global leaders in the development and commercialization of cleantech, which will be an engine for significant GDP growth in the future. It is also a means of gaining greater security over their energy resources, and many Asian governments are now aiming to reduce their reliance on imported hydrocarbons, and to utilise their domestic resources more widely.

Aside from China, other countries in Asia that provide a sound environment for cleantech investment include India, whose cleantech market is expected to witness ample activity this year. In addition, Japan and Korea both have an impressive track record in developing and commercializing new technology. Similarly, Singapore has an excellent reputation for developing high-tech products and applications. These countries have well-established legal systems with rules governing investment, corporate governance and intellectual property protection, making them attractive investment destinations.

Additionally, there is scope for further investment in second and third generation solar PV technology. But other options are plentiful – for example, across Asia, transportation is a significant focus of government research and investment policy, so hybrid and electric vehicles, high-efficiency batteries and related technology are seen to be key technologies for a low carbon economy, and investment in this area is expected to be plentiful as a result. Particular focus will be on smart mobility, demand-side management systems and energy efficiency (including building materials), with communication and information technologies leading the way. Finally, solar cells, advanced battery technology and LEDs will help to round out investment targets in the Asian market.