Energy Seminar - China Miniseries (2 of 5) CLEAN CAPITAL: Investing in Energy Innovation on Both Sides of the Pacific
Sonny Wu, Managing Director, GSR Ventures
Ian Zhu, General Partner, Tsing Capital
Historically, U.S companies came up with new energy technologies and then hired Chinese firms to manufacture them. Now that relationship is changing. Particularly in Silicon Valley, Chinese investors are starting to bankroll U.S energy innovation. And China is beginning to create more energy technology itself. Helping fuel this new kind of cross-Pacific energy innovation is a novel breed of venture capitalists. They move easily between China and the U.S., writing checks. Sometimes they make money; sometimes they lose it. In this discussion, trans-national executives at two of Beijing’s leading venture-capital firms — firms that have invested in everything from energy efficiency to solar power to electric cars — will detail their role in the increasingly global clean-energy push.
Free and open to all