Alstom and Schneider Electric launch new venture capital fund

Alstom and Schneider Electric have partnered to launch a new venture capital fund to finance innovative start-ups in the fields of energy and the environment. The joint venture remains open to the participation of other potential partners.

The fund, Aster Capital, is based in Paris and will receive progressively a capital subscription of €70 million. This involves €40 million from Schneider Electric and €30 million from Alstom.

Aster Capital's mission is to take minority interests in pioneering start-ups based in Europe, North America and Asia, developing new technologies that could lead to major breakthroughs in the fields of energy and the environment.

The two founding partners share the aim to support the development of eligible companies and to look after cooperation and partnerships for their respective markets.

Newsletter

Preview Latest Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 16th Edition

    Photovoltaics International 16th Edition

    This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.

  • Photovoltaics International Lite, Volume 05 - 2011

    Photovoltaics International Lite, Volume 05 - 2011

    This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.

  • Manufacturing The Solar Future: The 2012 Production Annual

    Manufacturing The Solar Future: The 2012 Production Annual

    Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

Partners

Acknowledgements

Solar Media