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R3i Ventures joined Raiven Capital, ADB Ventures, Armstrong Asset Management, First Energy Asia Pacific, and SUSI Partners at the PFAN Asia Forum on Climate and Clean Energy Financing (AFCCEF 9) Forum. The event showcased 10 outstanding climate and clean energy startups to the region's investment network.

The Private Financing Advisory Network (PFAN) joined with the Sustainable Energy Association of Singapore (SEAS) to hold the Asia Forum for Climate and Clean Energy Financing (AFCCEF) as part of Singapore International Energy Week (SIEW).

The AFCCEF event was held in conjunction with the Sustainable Energy Association of Singapore’s Asia Clean Energy Summit on Friday 1 November 2019. AFCCEF is a regional investor forum organized annually by the Private Financing Advisory Network (PFAN), a global network of finance and energy experts focused on scaling up investment into clean energy. Each year, the AFCCEF event showcases promising entrepreneurs working on innovative clean energy and climate change mitigation/adaptation projects in Asia. As a part of its mission to bridge the gap between entrepreneurs and investors, PFAN provides free business coaching and investment facilitation to entrepreneurs and then presents the investment-ready projects to investors.

AFCCEFF showcased 10 projects covering a range of innovative clean energy technologies and business models.

Nagaraja Rao Global Head of Investment Facilitation Private Financing Advisory Network (PFAN) provided a Global Perspective on this Asian Investment Forum. Edwin Khew, Chairman, Sustainable Energy Association of Singapore (SEAS) provided a Singapore Perspective on Scaling up Start-ups and Investment.


The 10 projects presented included:

  1. Advanced Parabolic Solar Collector for Heating in Industrial and Societal Applications by Lanasol Energy Solutions Private Limited
  2. Shared Last-mile Electric Vehicle Mobility by QIQ Vietnam
  3. Sustainable Biomass Pellet Production by Bakas Renewable Energy Pvt Ltd.
  4. Affordable Precision Irrigation to Improve Farm Productivity for Small-medium Farm Holders by Farm-Hand Ltd.
  5. Modular Biomass Gasification in Myanmar by W2E Co., Ltd. (a JV of Renewables Plus Bhd.)
  6. Franchise Model for Char-briquette Factories by OTAGO Pte. Ltd.
  7. Electric Two-wheeler Platform for Smart and Sustainable Mobility by Selex Motors JSC
  8. Cleantech Heating and Cooling Solutions by Oorja Energy Engg Services
  9. Conversion of Plastic Waste into Fuel by Paterson Energy Private Limited
  10. Run-of-river Hydropower in Nepal by Kasuwa Khola Hydropower Limited

and the winner was Otago. Runners up included QIQ and FarmHand.

AFCCEF was one of three investor-focused events that took place during ACES 2019: Financial Summit and the PowerACE Competition on Thursday 31 October, and the Asia Forum on Climate and Clean Energy Financing (AFCCEF) on Friday 1 November.

The PFAN network is hosted by the United Nations Industrial Development Organization (UNIDO) and the Renewable Energy and Energy Efficiency Partnership (REEEP), with its Secretariat in Vienna, Austria. To learn more about PFAN and its services, please visit:

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