About Us

IC Green Energy (ICG) is actively seeking for high-growth opportunities in the renewable energy arena, primarily in the solar power and biofuels sectors. Israel Corp. holds 100% of ICG.
ICG is Israel Corp.'s vehicle for investing in the high growth alternative energy market, in particular, companies engaged in sourcing renewable energy sources such as solar energy and biofuels. ICG complements Israel Corp.'s activities in the traditional energy sector.
ICG's strategy is to gain a competitive advantage in the alternative energy field by focusing on investments in companies that develop cutting edge technologies, employ risk management in their purchase of raw materials and promote cost-effective production processes of various energy forms.
To date, ICG has made several investments in companies developing new production technologies of biofuel from biomass and of solar thermo generation. ICG continues to evaluate emerging opportunities in these fields.

Zhejiang Sanhua Co.,Ltd (Sanhua) is located in Xialiquan Qixing Street Xinchang County Zhejiang Province, was established in Sep 1994 with registered capital of RMB 264 million. Now Sanhua has grown up as a company having 6529 employees, 777 of who have college diploma or higher, with total asset of RMB 2.549 billion, area 189000㎡ and floor area 179000 ㎡. Sanhua is controlled by Sanhua Holding Group. And other shareholders include Zhejiang Zhongda Group and Nihon Oriental Trading Co.,Ltd. In June 2005, Sanhua was successfully listed in Shenzhen Stock Exchange and reformed shareholder structure in Nov 2005. In Sep 2007, Sanhua by acquiring the global business of 4 way reversing valve from Ranco -a division of the world industrial giant Invensys Group, integrated international industry resources and realized a breakthrough of its global strategy. Through directional stake purchase and cash payment, Sanhua acquired refrigeration asset from Sanhua Holding Group and put all refrigeration or hvace business of Sanhua to the stock market in Jan 2009.