- World’s first investment fund dedicated to preventing ocean plastic
- Biggest capital investment towards Asia’s ocean plastic crisis
- First investments targeted in Asia by early 2020
SINGAPORE, December 4, 2019 – A US$106 million (SGD$144 million) fund dedicated to preventing plastic from entering the Asian oceans was launched today. The Circulate Capital Ocean Fund (CCOF) is the world’s first investment fund dedicated to address Asia’s plastic crisis. The Singapore-based fund is also one of the ten largest ASEAN-based Venture Capital Funds in the market.1
With 60% of ocean plastic originating from the region, Asia is the biggest source of plastic leakage into global oceans. A recent Ocean Conservancy Report identified a net financing gap between USD$28 and USD$40 per ton for plastic waste collection in the five top ocean polluting countries in the world – China, Indonesia, Philippines, Thailand and Vietnam. (more…)
PRESS RELEASE
2 December 2019
[Tokyo, Japan] Vena Energy, one of Asia-Pacific’s leading Independent Power Producers (IPP),announced today that the 18-megawatt “Towada” Solar Project has achieved complete commercial operation in November 2019. Capable of producing up to 19,704-megawatt hours annually, the Towada Solar Project features 46,424 photovoltaic modules of 395-watt peak (Wp) each, covering an area of 28.53-hectares in Towada City, Aomori Prefecture in Japan. The Towada Solar Project will be operated by the branch office of Nippon Renewable Energy Operations (NREO), a subsidiary of Vena Energy, based in the Shichinohe City. (more…)
- World’s first investment fund dedicated to preventing ocean plastic
- Biggest capital investment towards Asia’s ocean plastic crisis
- First investments targeted in Asia by early 2020
SINGAPORE, December 4, 2019 – A US$106 million (SGD$144 million) fund dedicated to preventing plastic from entering the Asian oceans was launched today. The Circulate Capital Ocean Fund (CCOF) is the world’s first investment fund dedicated to address Asia’s plastic crisis. The Singapore-based fund is also one of the ten largest ASEAN-based Venture Capital Funds in the market.1 (more…)
Singapore, 10 November 2019… The Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) will come together for the first time as SFF x SWITCH. Running from 11 to 15 November, this event will gather the global innovation and business community in Singapore. There will be over 400 speakers, more than 900 exhibitors, 41 international pavilions, and about 60,0001 participants from 130 countries. (more…)
Visit to the Fraunhofer IME in Aachen: On September 4th, the AVF was invited to visit its member IME and experience their groundbreaking, innovative vertical farming technologies live on the spot.
Aachen, 04. September 2019: The AVF was invited to visit its member Fraunhofer IME in Aachen, Germany, one of 72 institutes of the Fraunhofer-Gesellschaft, the leading organization for applied science in Europe with over 26,000 employees and various international branches around the world.
The Fraunhofer Institute for Molecular Biology and Applied Ecology IME has six different sites in Germany and conducts research in the field of applied life sciences from the molecular level to entire ecosystems. Its division “Molecular Biotechnology” is located in Aachen, Germany and conducts R&D in the field of biotechnology with a strong focus on plant-based applications. (more…)
PARKROYAL on Pickering crowned Asia’s Leading Green Hotel for Fifth Year Running
The World Travel Awards recognises the eco-friendly hotel’s world-class sustainability efforts and design
Singapore, 22 October 2019 – PARKROYAL on Pickering, the eco-chic hotel located in the heart of Chinatown, has been recognised as Asia’s Leading Green Hotel for the fifth consecutive year at the World Travel Awards Asia & Oceania Gala Ceremony, held in Vietnam.
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