Sector 01
Clean energy.
Solar manufacturing, energy storage, grid-edge hardware, hybrid microgrid systems.
India · Vietnam · Indonesia · Thailand
Why this sector
The buildout
is real.
India's PLI scheme is anchoring the largest non-China solar manufacturing build-out in the world. Vietnam and Indonesia are running parallel EV and renewables programs with sovereign incentive backing. US technology — front-side metallization, advanced cell architectures, storage chemistry, inverter control — slots into capacity that doesn't exist yet and is being built to spec.
Programs anchoring demand
Where sovereign
capacity is forming.
- India PLI (Solar PV)
- ~$3B+ outlay anchoring integrated module-to-cell capacity. Production tied to localization milestones; partner-validated technology integrates at line commissioning.
- Vietnam EV / renewables programs
- Sovereign incentive backing for storage chemistry, BMS, and inverter platforms supplying ASEAN EV and rooftop solar programs.
- Indonesia battery + EV chain
- Nickel-to-cathode integration program with state offtake commitments; routes for upstream chemistry and process IP that improves yield or sustainability.
Technology archetypes
What
fits.
- Front-side metallization, paste chemistry, and cell-architecture IP from US labs and growth-stage startups
- Storage chemistry (cathode, anode, electrolyte, additive) with substitution economics that hold at production scale
- Inverter and power-conversion platforms suited to hybrid solar-storage and telecom-tower replacement
- Microgrid and tactical-power hardware addressable through dual-use channels
Partner-network shape
Who we
work with.
Asian-side counterparts in this sector are typically PLI-licensed manufacturers, integrated energy conglomerates, or family offices with operating arms in renewables. We look for partners with line-commissioning capacity, integration appetite, and the regulatory pathway already opened.
Engagement shapes
How the work
tends to land.
- JV stand-up with an Indian PLI-licensed manufacturer for a US cell or materials IP holder
- Distribution + technical-services build for a US BMS or inverter platform across SEA EV programs
- Parallel motion: JV in India for manufacturing while Americas-side channel build keeps revenue moving
Strong fit
Bring us
these.
- Clean-energy materials or hardware looking for Indian PLI-aligned manufacturing
- Storage chemistry or BMS technology routing to SEA EV programs
- Grid-edge or microgrid hardware with applications in India's tactical and telecom segments
Working on something in clean energy?
Bring us the technology, the mandate, or the partnership decision. We'll tell you what we're seeing on the other side of the corridor.