AFCEF-2 Awards Made in Bangkok, Thailand

As a culmination of the AFCEF-2, 10 selected finalists and 9 semi-finalists gathered at Conrad Hotel in Bangkok, Thailand on 3rd to 5th March. On the second day, 4th March, in front of over 150 participants including a panel of four judges and a group of potential investors, the 10 finalists each had the opportunity to present their business case and then answer a number of questions from the panel.

At the end of the day of presentations PT Binatek Reka Energi, an Indonesian company, won the day’s business plan competition with their plan to generate 8 megawatts of clean energy through a small hydropower system on Buru Island. Three companies were awarded “Runner-up” certificates: Renewable Oil Corporation Pty. Ltd., Lanka Bio Energies and Second Harvest Power Company Ltd. Our congratulations to the winners and all the teams who participated.

The Forum was seen by competitors, finalists, judges and investors to have been a particularly successful initiative providing a unique opportunity for all.

The organisers would like to express their thanks to the 24 qualifying teams for their participation and considerable efforts in developing high quality executive summaries; to the finalists who worked long and hard with their advisors to finalise their business plans leading to the presentations in Bangkok, Thailand; to the advisors for their support and contributions and to the judges for what all agreed were fair and balanced evaluations of the presentations.

If you are interested to follow up on the Forum, have comments or suggestions on its structure or content and would like to be kept informed about CTI PFAN activities in the region, please contact Taiki Kuroda at kuroda@icett.or.jp.

Several of the organisers are actively involved in the clean energy sector and would be pleased to work with you in developing your business opportunities and as appropriate, assisting in identifying and accessing financing. Feel free to contact them directly if you have any enquires. Their contact details are given under Organisers.

 

U.S. Agency for International Development http://www.usaid.gov/ USAID’s ECO-Asia Clean Development and Climate Program (ECO-Asia) http://www.cleanenergyasia.net Suneel Parasnis USAID Contractor Team Leader-Clean Energy Finance	Climate Technology Initiative (CTI) http://www.climatetech.net Taiki Kuroda CTI Programme Secretariat	International Center for Environmental Technology Transfer (ICETT) http://www.icett.or.jp Akiko Asano Manager

ReEx Capital Asia http://www.reexasia.com Mike Allen Chairman Frédéric Crampé Managing Director	PPL International http://www.ppl-int.com Peter Storey CTI PFAN Global Coordinator Director, PPL International