January 1, 1970
San Francisco, CA – January 25, 2016: Encycle (www.encycle.com), developers of the Swarm Energy Management platform, today announced it was a recipient of the prestigious 2016 Global Cleantech 100 award. This award is produced by Cleantech Group, whose mission is to connect corporates to sustainable innovation through its i3 Connect platform and global events.
The Global Cleantech 100 represents the most innovative and promising ideas in cleantech. Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, Global Cleantech 100 is a comprehensive list of private companies with the highest potential to make the most significant market impact.
“We are very pleased to be selected as a Top 100 Company from among the thousands nominated,” said Bob Chiste, CEO. “It’s wonderful to receive such accolades from industry peers, recognizing the tremendous value we provide to commercial facility operators in terms of electricity peak demand and consuming savings, all derived using our Swarm Logic™ intellectual property.”
This list is collated by combining proprietary Cleantech Group research data, with weighted qualitative judgments of hundreds of nominations, and specific inputs from a global 100-person Expert Panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
This year, a record number of nominations were received: 6,900 distinct companies from 60 countries. These companies were weighted and scored to create a short list of 323 companies. Short-listed nominees were reviewed by Cleantech Group’s Expert Panel, resulting in a finalized list of 100 companies from 17 countries.
The 100-member expert panel was drawn equally from leading financial investors and representatives of multi-national corporations and industrials active in technology and innovation scouting across Asia, Europe, and North America. The composition of the expert panel broadly represents the global cleantech community, from pioneers and leaders to veterans and new entrants. The diversity of panelists results in a list of companies that command an expansive base of respect and support from many important players within the global cleantech innovation ecosystem.
“The Global Cleantech 100 provides us with insight into the collective opinion of key market players on which megatrends and innovation companies are most likely to have a significant impact in the next 5-10 years,” said Michele Parad, Senior Manager at Cleantech Group and lead author of the Global Cleantech 100 Report. “Now in its 7th year, the Global Cleantech 100 program reveals which themes are staying relevant and which sectors are taking center stage.”