Ashok K. Sinha, Ph.D.
Founder, Chairman of the Board & CEO
With 50MW of Bifacial double glass panels installed or under completion, in sophisticated urban settings, we are spearheading the transformation of PV solar from a utilitarian function to artistic roof-top designs that add beauty to the function. Our symmetrical Bifacial glass panels are visually appealing even from the underside looking up, while delivering PV power at the highest levels. We have designed-in Quality that lasts. Overlaid upon this foundation, we deliver world class performance without cost penalty, from our proprietary thin-film Hybrid Cell Technology. And competitive Cost at the User interface, thanks to an intelligent lean manufacturing process. All driven by innovations that work, even at modest volumes.
Through application of advanced materials science, equipment engineering and SPC controls, we routinely achieve manufacturing yields over 99% with up to 6 sigma repeatability. Our modules deliver superior aesthetics, benchmark endurance against typhoons, hail storms and corrosive marine ambient; all with the coveted Class A fire certification.
Our modules provide over 22% effective efficiency, with ~15% bifacial boost from the back side. For consistent bifacial boost, in adverse non-uniform back lighting conditions, our modules with integrated optimizers for roof tops have gained rapid market recognition.
We achieve lower AC cost because of bifacial energy boost, smaller thermal coefficient and greater performance in low diffused light. Our lean manufacturing process helps by leveraging Moore’s law #2 as learnt by the LCD flat panel industry. And the frameless double glass panels at recommended tilt minimize the need for costly cleaning of dust or snow.
By positioning optimized Bifacial HCT products around the world, we are changing the status-quo:
Delivering the most powerful panels around
Proven to operate under adverse environments
Innovative HCT technology
Low LCOE with Quality that Lasts
Our purpose is to commercialize world-wide, Sunpreme’s innovative Hybrid Cell Technology platform developed in our Silicon Valley USA R&D center. Packaged in Bifacial double glass frameless panels, this product line has the potential to become a world standard for premium solar PV products.
Our Carbon footprint can be 1/5 that for conventional diffused junction solar cells – thereby removing the current paradox of producing clean-tech products while locally polluting the environment.
Sunpreme is a six year old Company rapidly transitioning from a start-up to a growth phase global enterprise. Our R&D Center is located in Sunnyvale, CA to drive a constant stream of technology innovations for a multi-generational roadmap. We also have a fully functional, state-of-the-art integrated HCT cell production line in Jiaxing, near Shanghai in China. These cells are packaged in thin- profile double glass panels which have been successfully deployed in 24 countries around the world.
Be a model global enterprise in the clean energy eco-system.
Our Values are world-class customer-centric Innovation, Global reach, and Lean teamwork.
To grow a global business around our green SmartSilicon® solar technology with a game-changing Moore’s law driven cost-performance leadership, thereby making a major impact on the clean energy eco-system.
Sunpreme’s GxB 310 S M was selected as one of the finalists for the 2016 InterSolar award in Munich. It was recognized for developing a “bifacial solar module integrated with an optimizer in an efficient design, allowing it to perform in adverse ambient conditions”.
In its 2015 annual report, updated October 2016, Fraunhofer ISE ranked Sunpreme among the top three providers of highest efficiency commercial PV modules, ahead of Panasonic and LG.
In the latest Principal Solar Institute (PSI) ratings for Thin Film PV modules, Sunpreme appears in 7 out of top 10 rankings, along side Panasonic, and significantly ahead of traditional thin-film providers such as First Solar and Solar Frontier. (http://www.principalsolarinstitute.org/uploads/
Our superordinate goal is to deliver, for outstanding customer and investor value, leading edge Solar PV Solutions.
Our innovation portfolio runs the gamut, from basic materials to device to modules and systems – all aimed at achieving the toughest panels in the industry with superior aesthetics and a significantly greater power density. Our PV panels have been deployed in climates ranging from desert heat to Antarctic cold to island hurricane country, from hazy sunlight in hot, humid environments of China and India to balmy California skies.
Our panel costs/W are significantly lower than those for traditional high performing premium panels, and we have a cost roadmap that gets us down to commodity level costs. We do this by leveraging proven Moore’s Law principles already established for the LCD display industry. The incumbents, despite superlative efficiencies, have a higher cost structure due to complex process sequences on smaller size wafers, and a high CAPEX intensity, which discourage continued growth investments.
Moreover, we have or are establishing integration partners in major distributed power segments. Our integrated low cost, total solution coupled with development partners sets us up favorably to become a profitable growth Company in the clean-tech space, with a sustainable competitive advantage.
Sunnyvale R&D Center
Jiaxing, Shanghai Production Facility
For over 40 years, Moore’s law for semiconductor chips has driven unprecedented improvements in chip performance as well as unit cost per transistor.
The only industry which has come close in recent times is the flat panel LCD (Liquid Crystal Display) TV industry where the glass sizes have increased from Gen 5 to Gen 6 to Gen 8 to Gen 10. The results are reflected in widespread affordability of LCD TV’s around the world.
Thanks to our reuse of thin film equipment technology from FPD-LCD industry, we are able to invoke the Moore’s law of stepped cost reductions – for the first time in the PV industry. The glass panel is replaced with a wafer tray of similar dimension and weight, so that we hold 100 156mm cells per Gen6 tray.
Founder, Chairman of the Board & CEO
Dr. Sinha is the Chairman and CEO of Sunpreme. For fifteen years, he served in various roles at Applied Materials, culminating in his roles as Sr.VP & GM for $6B Silicon Business sector. Prior to Applied, he worked for 20 years at AT&T Bell Laboratories where he served as Head of the VLSI Process Technology and Fabrication departments at Murray Hill, NJ and Allentown, PA. He also served as Vice President of Manufacturing Technology Development in SEMATECH, a non-profit research and development consortium. Dr. Sinha has served on the Board of Asyst Corp, the Tech Museum of San Jose, and as an independent board member of Dune Networks, an Israeli Networking Company sold to Broadcom.
Dr. Sinha received the Thomas C. Callinan award from the Electrochemical Society for outstanding contribution to dielectric and insulation science, and the Clinton J. Davisson trophy for a “patented invention, which was of significant importance to AT&T’s commercial success.” He holds over 80 issued US patents. He was elected a Fellow of the Institute of Electrical and Electronics Engineers (IEEE) for contributions to interconnect technology for semiconductor devices. And he received the Distinguished Alumni Award medal from the Indian Institute of Science.
Dr. Sinha earned his Bachelor’s degree in engineering from the Indian Institute of Science in Bangalore, and holds a Doctorate in Materials Science from the University of Oxford, England. Subsequently he worked as a Research Fellow at the California Institute of Technology.
Executive Vice President, Global Quality, System Products & Market Development
Mr. Bedi serves as Executive Vice President for Sunpreme responsible for overseeing Global Quality and Reliability Systems, System Products and Market Development. Prior to joining Sunpreme, he served SunPower Corporation for 5 Years as Vice President of Quality and Customer Satisfaction Worldwide. At SunPower, he led and deployed preventive quality systems that is considered best-in-class in solar PV industry while enabling high level of Customer Satisfaction. Previously, he held the position of Vice President for Applied Materials driving Quality & Reliability worldwide, and served as the chairman of their quality steering board. During his 10 Year tenure at Applied Materials, he was instrumental in helping the company achieve numerous customer awards. Earlier in his career, Mr. Bedi held engineering and management positions at Digital Equipment Corp. and National Semiconductor Corp.
A 25 Year veteran in the Semiconductor and Solar PV industry, he has successfully planned, developed and implemented product development, and driving manufacturing excellence and customer satisfaction initiatives that addressed business opportunities.
Mr. Bedi earned a BS degree in Mechanical Engineering from Bangalore University, India, and a MS degree in Industrial and Systems Engineering from Ohio University, US, and is a graduate of executive training from Stanford University, US. Mr. Bedi is four-time recipient of Applied Materials President Annual Quality Award and Intel Quality Award. He was named the distinguished Sikh Executive in Northern California, and also recipient of prestigious 2010 Philippines National State Quality Award for exemplary operational and product performance. He served as a Board of Director to SolarTech — an initiative of Silicon Valley Initiative Group focused on Solar PV Industry.
Mr. Bedi holds 12 technology patents from the semiconductor equipment industry, and a senior member of ASQ (American Society for Quality) and IISE (Institute of Industrial and Systems Engineers). He has a passion for excellence and teaching design quality and reliability systems, and advancing Solar PV technologies globally.
Dr. Farhad Moghadam serves as Sunpreme’s CTO. He is an executive with more than 33 years of international experience. Participated in several technology market, solar Energy, (Ascent Solar, a public company), Capital Equipment for Semiconductor (Applied Materials), and Integrated Circuit process technology Development (Intel). He is a proven Leader and keen ability as a strategic thinker to identify emerging market needs. He also established a strong track record of delivering profitability, recruiting global teams, developing differentiating products and serving as a change agent to revitalize business.
Dr. Moghadam currently holds 65 patents in the area of integrated circuits and has more than 250 publications in various technical journals and periodicals. He earned his Bachelor of Science degree in metallurgy from Tehran University. He earned both his masters and doctorate degrees in materials science and engineering from Stanford University in 1979 and 1981, respectively.
Joseph Bach is a co-founder of Sunpreme, having worked with Mr. Sinha on developing Sunpreme’s Smart Silicon® technology. He presently advises Sunpreme with respect to business development, legal matters, and protection of Sunpreme’s intellectual property.
Joseph currently practices intellectual property law as a partner at the Silicon Valley office of Womble Carlyle, where he works with high tech companies ranging from startups to listed international companies to build strategic IP portfolios, negotiate transactions, and defend clients in patent litigationhigh tech companies ranging from startups to listed international companies to build strategic IP portfolios, negotiate and complete IP purchase and licensing transactions, and defend clients in litigation. Joseph’s areas of technical experience include materials, semiconductor fabrication equipment and processes, light and particle optics and instruments, chip testing and debugging, solar technologies, wired and wireless communications, computing and mobile software and hardware, sensor devices, and automotive. Previously Mr. Bach spent almost a decade at Applied Materials, working with diverse product groups such as automation (Synexis), etch, ion implant, inspection and metrology, and others.
Joseph Studied Materials Science at the California Institute of Technology (Caltech) in Pasadena and law at Duke University. He is also a graduate of the AeA/Stanford Executive Institute at the Stanford University Graduate School of Business. Joseph serves as member of the Advisory Board for the angel investment association Silicom Ventures, LLC.member of the Advisory Board for the angel investment association Silicom Ventures, LLC
Advisor to CEO
Dr. Moris Kori joined Sunpreme in April 2017 in the capacity of Advisor to the CEO and later assumed the role of Chief Strategy Officer. Prior to Sunpreme, Dr. Kori was CEO of Luminescent Technologies, a computational lithography and inspection pioneer, until the company’s acquisition by KLA-Tencor in 2014. Dr. Kori brings to Sunpreme a wealth of experience and success record in leading hardware and software businesses in the semiconductor manufacturing industry, including 16 years at Applied Materials where he served as Chief Marketing Officer, Business Group General Manager and President of the company’s Mask Manufacturing Products subsidiary.
Dr. Kori holds a PhD from Yale University, an MBA from Stanford University, and is a co-inventor on 21 patents. Moris started his career as a research scientist in General Electric Company before moving to the San Francisco Bay Area where he has worked and lived since.
Vice President of Corporate Development
Cristina Osmena has served as Sunpreme’s Vice President of Corporate Development. She has two decades of experience in the investment management and investment banking industry. From 2004 to 2005, Cristina was a Managing Director at Jefferies & Company, generating sell-side research coverage of the Semiconductor Capital Equipment sector. Previous to this, she was a sell-side analyst at Hambrecht & Quist and Needham & Company. She has worked for investment management firms since 2007, including Bronte Capital Management, Invicta Capital Management, and Spinner Asset Management. In 2014 and 2015, she was involved in the development and completion of a non-profit, off-grid solar project through SunEdison Foundation.
Osmena was named a “Best on the Street” analyst by the Wall Street Journal for her skills in stock picking. She has raised more than $315 million for investment management firms. She earned her Bachelor of Arts degree in English from the University of California at Berkeley and holds the Chartered Financial Analyst designation.
Chief Scientific officer
Ion Yadigaroglu is Managing Principal at Capricorn Investment Group, an investment firm founded to demonstrate that it is possible to invest profitably while driving sustainable positive change. Capricorn manages $4 billion in assets today for Jeff Skoll, the Skoll Foundation and others who strive for extraordinary investment results by leveraging market forces to accelerate large scale impact. Previously, Mr. Yadigaroglu executed a range of acquisitions and investments as a Director of Business Development at Koch Industries, the largest private company in the world by revenues. Mr. Yadigaroglu serves on several boards of directors including those of TrueCar, Agrica, SunPreme, Automatiks, Targeted Growth, Identified and Falcon Waterfree. Mr. Yadigaroglu holds a Masters in Physics from Eidgenössische Technische Hochschule Zürich in Switzerland, and a Ph.D. in Astrophysics from Stanford University.
Dipender Saluja is Managing Director at Capricorn Investment Group, an investment firm founded to demonstrate that it is possible to invest profitably while driving sustainable positive change. Capricorn manages about $5 billion in assets for Jeff Skoll, the Skoll Foundation, and others who strive for extraordinary investment results by leveraging market forces to accelerate large scale impact. Capricorn’s past and current investments include Tesla, QuantumScape, Planet Labs, Innovium, SpaceX, Twitter, PagaTech, and Heartflow. Prior to Capricorn, Dipender was Chief of Staff at Cadence, a global market leader in electronic design, where he built and managed businesses that worked closely with electronics companies around the world. Prior to that he was at Data General (EMC), Honeywell, ROLM (IBM), and the GF Energy Research Center. He is an electrical engineer by training, and attended UND, Univ of Minnesota and Stanford. Dipender serves on the boards of AST, Automatiks, Calstart, Embrace, Encell, GotIt!, Innovium, Liquidity Nano, Navitas Semi, QuantumScape, RayVio, Sense and Sunpreme, and on the investment committee of PRIME.
Mr. Chang is a Partner and Managing Director and serves on the Investment Committee at Capricorn Investment Group. Mr. Chang oversees Capricorn’s multi-asset class portfolio of investments in Asia and emerging markets as well as Capricorn’s global venture portfolio. Mr. Chang joined Capricorn Investment Group in 2003. Prior to Capricorn, Mr. Chang was at DFJ New England, an early-stage venture capital firm. Previous to that, Mr. Chang was at Montgomery Securities advising technology companies on corporate finance. Mr. Chang received an M.B.A. from Harvard Business School and a B.S.E. from Duke University, graduating cum laude with a triple major in Electrical Engineering, Computer Science and Art History. Mr. Chang is a CFA charterholder and is fluent in Chinese. Mr. Chang serves on the boards of Sunpreme, Suminter India Organics, Agrica and ReProduct. Other investments include Sagent Pharmaceuticals (Nasdaq:SGNT) and Mendel Biotechnology. In addition, Mr. Chang also serves on the investment advisory committees of a number of investment funds.
Mr. Chen is a general partner of Tsing Capital, a venture capital fund manager with China Environment Fund I, II and III under management. Since its inception in 2001, Tsing Capital has fully dedicated to cleantech investments in China, having its founder, Mr. Don Ye, recently named one of the “40 Most Powerful Chinese” by BusinessWeek.
Mr. Chen is also serving as member of board of directors of Nobao Renewable Energy Group, Beijing Sound-Puhua Technology, Zhuhai Biofan Environmental Technology and SureAuto Corporation. Prior to Tsing Capital, Mr. Chen was at Bocom Group, responsible for venture investment and M&A activities. Previous to that, he was at WI Harper Group in San Francisco with responsibilities in venture capital investment and portfolio management. Mr. Chen’s professional experiences also include working for GE in China and DuPont in the U.S. and Hong Kong with responsibilities in business development for China regions. Mr. Chen received his Bachelor’s degree in engineering from Tsinghua University and completed post-graduate program of International Trade and Finance in the School of Economics and Management of Tsinghua University.
Founder, Chairman of the Board, and CEO
For bio, please look under Leadership Team.
Richard Swanson received his BSEE and MSEE from Ohio State University in 1969 and the PhD in Electrical Engineering from Sanford University in 1975. After completing his PhD, he joined the Electrical Engineering faculty at Stanford. His research investigated the semiconductor properties of silicon relevant for better understanding the operation of silicon solar cells. These studies have helped pave the way for steady improvement in silicon solar cell performance. In 1991 Dr. Swanson resigned from his faculty position to devote full time to SunPower Corporation, a company he founded to develop and commercialize cost-effective photovoltaic power systems. SunPower produces the highest performance photovoltaic panels available, and is listed on NASDAQ as SPWR. He retired from SunPower in 2012.
Dr. Swanson has received widespread recognition for his work. In 2002, he was awarded the William R. Cherry award by the IEEE for outstanding contributions to the photovoltaic field, and in 2006 the Becquerel Prize in Photovoltaics from the European Communities. He was elected a Fellow of the IEEE in 2008 and a member of the National Academy of Engineering in 2009. He received the 2009 Economist Magazine Energy Innovator Award. In 2010 he was awarded the IEEE Jin-ichi Nishizawa Medal for the conception and commercialization of high-efficiency point-contact solar cell technology, and in 2011 the Karl Boer Solar Energy Medal of Merit Award.
Professor Eicke R. Weber is Director of the Fraunhofer Institute for Solar Energy Systems ISE and Professor for Physics / Solar Energy at the Faculty of Mathematics and Physics and at the Faculty of Engineering of the Albert-Ludwigs-University of Freiburg, Germany. With a total staff of more than 1300 and annual budget exceeding Euro 75 M the ISE is one of the world-leading research institutes in the field of renewable energy and energy efficiency. The focus of Prof. Weber’s own research is the analysis of lattice defects in Si and compound semiconductors. Recently he studied specifically how good solar cells can be produced out of upgraded metallurgical (“dirty”) silicon with high impurity content.
Prof. Weber studied Physics at the University of Cologne, Germany where he obtained his doctorate in 1976. After postdoctoral research stays at SUNY, Albany, NY, and at Lund University in Sweden he received his habilitation from Cologne Univeristy in 1983. That year he accepted the appointment to the faculty of the Department of Materials Science and Engineering of the University of California, Berkeley, where he worked till 2006, since 1991 as Professor of Materials Science. In 1990 he was appointed visiting professor at Tohoku University in Sendai and in 2000 at Kyoto University in Kyoto, Japan. In 1994 he received the Alexander von Humboldt Senior Scientist Award. From 2004-2006 he served as Chair of the Nanoscale Science and Engineering Graduate Group in Berkeley. He was president of the Alexander von Humboldt Association of America (AvHAA) from 2001-2003 and in 2003 he was elected founding president of the German Scholars Organization (GSO). In 2006 he received the Award of Merit (Bundesverdienstkreuz am Bande) of the German President. He is fellow of the American Physical Society.
In July 2008 Prof. Weber was appointed Director to the SEMI International Board of Directors. He received the Electronics and Photonics Division Award of the Electrochemical Society ECS in June 2009. In October 2009 he was elected Honorary Member of the Ioffe Physical-Technical Institute of the Russian Academy of Sciences, St. Petersburg. Since 2010 Prof. Weber is Member of acatech – the German Academy of Science and Engineering, Berlin. In 2012 Prof. Weber was appointed Managing Director of the Centre for Renewable Energy (ZEE) of the University of Freiburg. He was elected founding president of the German Energy Storage Association (BVES), Berlin in September 2012. In June 2013 Prof. Weber was honoured with the Einstein Award of SolarWorld.
Professor Weber serves on several Boards and Technical Advisory Boards of companies working in the field of Green Energy.
Stephen O’Rourke is presently Managing Director of Asia Pacific Land and its subsidiary APL Renewables, a privately held, global real estate and renewable energy investment, development, and asset management company. Mr. O’Rourke spent 2015 in Manila on sabbatical, having departed SunEdison where he was Senior Vice President during its integration with MEMC Electronics and transformation to a global renewable energy company. Previously, Mr. O’Rourke served as Managing Director at Deutsche Bank Securities where he was responsible for the company’s clean energy and semiconductor capital-equipment equity research practice. Prior to Deutsche Bank, he held management and leadership positions with Piper Jaffray, Robertson Stephens, Everdream Corporation, and Applied Materials, Inc. Mr. O’Rourke holds a Bachelor of Science in Electrical Engineering from the United States Naval Academy and did graduate work in Nuclear Engineering with the Naval Nuclear Power School.
Department of Materials Science and Engineering, Seoul National University
Ki-Bum Kim has been a professor of materials science and engineering at Seoul National University since 1992. He has an MS degree in metallurgical engineering from Seoul National University and a PhD degree in materials science and engineering from Stanford University. He has been a research scientist at Philips Research Laboratory and Applied Materials Inc. He has coauthored over 100 journal publications.
The major research area of Prof. Kim is to investigate the structure and property relationship in thin film materials. In particular, he is actively working on the development of metallization processes for the next generation Integrated Circuits (ICs) including the development of silicides, diffusion barriers, and interconnect materials and processes. He is also working on other applications of thin films such as polycrystalline Si thin film transistor, electrode for the dielectrics, and diamond field electron emitters.
Chairman and CEO, Regenerate Power
Mr. Fezzani has 25 years of experience in energy and finance. He currently serves as the Chairman and Managing Partner of Energy Finance Company LLC, a financier owner and operator of distributed generation solar assets, and Chairman and CEO of Regenerate Power, a developer, owner and operator of utility-scale renewable energy projects.
Prior to co-founding Regenerate Power, Mr. Fezzani was CEO of BP Solar and Chairman of Tata-BP Solar. He previously served as President of BP’s Global Wind and Solar business. With more than 3,000 employees, the business operated solar manufacturing plants in the U.S., Spain, India, China and Australia, and developed, constructed, and operated solar and wind farms in the U.S., Europe, India and China.
During his tenure, the wind business unit completed U.S. utility-scale project financing, construction and operation of 1 GW of operating assets and maintained a pipeline in excess of 20 GW. The solar business unit completed utility-scale and distributed generation solar project financing, construction and operation of 300 MW of assets, including a 32 MW solar farm in Long Island financed and co-owned by MetLife.
Before leading the wind and solar units, Mr. Fezzani was CEO of BP’s Global Chemicals business (annual sales of $10 billion) and previously was the Executive Assistant to the BP Group Chief Executive, Lord Browne, at the time when BP launched its Alternative and Renewable Energy business. Prior to that, he served as Vice President of Strategy & Planning for BP’s global refining, manufacturing and marketing business. Mr. Fezzani joined BP in 1989, and early in his career held a variety of commercial and operational posts in finance, exploration and production, refining and marketing, and supply and trading.
Mr. Fezzani holds an ME in Chemical Engineering and Chemical Technology from Imperial College, London. He is a Chartered Engineer, and a Fellow of the Institute of Chemical Engineers, the Energy Institute and the Institute of Materials, Minerals and Mining.
Interim CEO Silvaco
David L. Dutton has served as an advisory board director of Sunpreme since March of 2013. Mr. Dutton is managing principal of SemiEnergy a consulting company and a principal of CEO to CEO an executive management consulting firm. Mr. Dutton served as President, CEO and director of Mattson Technology, NASDAQ: MTSN, from 2002 to February of 2013. Mr. Dutton joined Mattson Technology in 1994 as a product group Vice President and general manager until 1997 and then served as chief operating officer. Mr. Dutton led Mattson to new markets in the Semiconductor and Cleantech capital equipment markets. Prior to joining Mattson, Mr. Dutton served in management and engineering positions at Intel and Maxim Integrated Products from 1984 to1993. Mr. Dutton is an advisory board member of the Silicon Valley Bicycle Coalition and a member of the CEO Alliance. Mr. Dutton holds a B.S. Geology from San Jose State.
Tatsuo Saga received his BS and MS degrees from the Faculty of Engineering, Nagoya University. He joined SHARP Corporation in 1974, where he worked on the development of photovoltaic cells for space use. Since 1999, he had been general manager of the engineering and production departments for terrestrial- and space-use photovoltaic cells and modules. He became a division deputy general manager of the Solar Systems Division in Solar Systems Group in 2003 and a group deputy general manager for photovoltaic technology research and development in the Solar Systems Group in 2006. After retiring from SHARP Corporation, he joined the Institute of Scientific and Industrial Research, Osaka University in 2011. He is now a professor for photovoltaic technology in Osaka University. His recent work focuses on chemical surface technologies for passivation and texturing of the crystalline silicon cell surface. Since 2013, he also manages his own technical consulting company for the photovoltaic industries.
Capricorn Investment Group is an independent investment firm managing diversified portfolios with a primary focus on sustainable and impact investments. Capricorn was born from a belief that values-based, sustainable investment practices can enhance return rates. Underlying that principled investment approach is a deep desire to demonstrate the huge investment potential that resides in breakthrough commercial solutions to the world’s most pressing problems.
China Environment Fund III L.P. is one of a series of funds established and managed by Tsing Capital since 2002, and is the first series of funds in China with a focus in clean-tech and environment related investments. As the pioneer and first mover in the pure play of environment venture capital investment in China, China Environment Funds have established a proven record of generating financial returns while achieving important environmental and social goals. China Environment Funds have a series of four funds that amounts to USD 500 million, and are invested by some of the most recognized institutions across the world.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. IFC helps developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets. In fiscal 2011, amid economic uncertainty across the globe, IFC helped its clients create jobs, strengthen environmental performance, and contribute to their local communities-all while driving our investments to an all-time high of nearly $19 billion. Sunpreme is listed under project number 30265.
Sunpreme is committed to conducting business operations that promotes safe, clean and green environment, and complies with applicable local, national and international policies. We provide value driven energy solution that protect and enhance environment through our reliable and safe products, environmentally benign manufacturing processes, while ensuring the health and safety of our employees, customers and the communities in which we operate and serve. Similar to our company Quality policy – we strive for continual improvement and excellence in our environmental, health and safety management systems and processes. This is an essential ingredient within our Corporate culture and values; is a fundamental part of our Corporate systems and processes, and is articulated in our Company business principle.