Investments

A Vast Need for Capital . . .

The great majority of China’s energy demands are currently met by fossil fuels, principally coal. Alternative energy sources are needed badly to meet future growth in energy demand while reducing the country’s serious environmental problems.

The Chinese government has set ambitious targets for the development of the country’s renewable energy resources, with 15% of primary energy planned to come from renewable sources by 2020 (vs. 7.7% in 2005). The National Development and Reform Commission estimates that USD179 billion in capital investment will be needed to achieve this goal, which translates into an average of USD12 billion new investment each year. Many industry observers consider these targets to be conservative.

Our Business . . .

ClearWorld Energy Ventures (CWEV) sources, develops and finances clean and renewable energy projects and technology companies in China.

We are a professional project developer with hands-on experience of closing and operating over 500MW of successful power projects in China, and numerous Sino-foreign joint venture partnerships. We screen and cross-check potential opportunities, apply the appropriate clean energy technology, negotiate the relevant contracts and optimize the financial structure to enhance returns and control risks to our partners. Where appropriate we further enhance returns by seeking funding under the Clean Development Mechanism, working closely with our affiliate Camco International Limited.

While not a technology provider, CWEV believes that new technology is the basis for the wider application of clean energy and that China is often more open minded to new technology than many countries. We have ongoing programs to source, assess and provide funding for innovative and potentially market-changing clean energy technologies.

We provide seed capital for selected investments and source additional capital from our network of investment partners. CWEV believes that a China Clean Energy Fund, comprising world-renowned, experienced clean energy investors, augmented by an expert fund management team based in Beijing, would have both ample opportunities and a profound market changing impact. We are exploring this concept with various investment groups and hope to launch such a fund shortly.