There’s an interesting perspective from cleantech consultant Dallas Kachan, who recently returned from a trip to China in which he tried to connect Chinese VC with U.S. cleantech companies. China is far more aggressive about financing cleantech than in the U.S., and has given $41 billion alone to solar since the start of 2010, more than the entire DOE loan guarantee program. Now, Kachan is wondering if its corporations and financiers could become a significant source of VC funding. China is fast becoming the most important cleantech market in the world, which has led some U.S. private equity firms to raise yuan-denominated funds. As U.S. government and domestic VC support for cleantech is shaky, China would be a good place for young companies to look for capital.
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