Global top 10 are thriving in cleantech industry with innovative technologies and green job creation
The Global Cleantech Cluster Assn. (GCCA), known as the global voice of cleantech, announced its top 10 winners of the 2011 Later Stage Award. The winning companies from North America and Europe represent the world’s leading cleantech clusters in the categories of biofuels, energy efficiency/green buildings, new materials, renewable energy, solar, storage/smart grid, transportation, waste, water and wind energy.
“Our top 10 winners are truly the best in class and companies to watch,” GCCA Chairman Ben Taube said. “In each category, these companies are making both broad strides in their global industries as well as working closely with their regional cleantech clusters to build sustainable green economies and jobs. We are thrilled to name them the GCCA Global Top 10 for 2011.”
The award winners were selected from an original pool of 4,000 eligible companies represented by the GCCA’s 33 member clusters. Each cluster conducted internal evaluations to nominate up to 10 companies in the 10 categories. In total, these member clusters nominated 185 companies for the 2011 Later Stage Award.
That number was later narrowed to 30 semi-finalists and the top 10 winners through the evaluation of 28 leading venture capital investors and cleantech serial entrepreneurs.
Newalta from Brossard, QC, was named best of waste, while Rentricity of New York City was awarded best of water.
Newalta is part of the EcoTech Quebec cluster and specializes in industrial waste management and environmental services.
Rentricity, part of the NYC Acre cluster, recovers energy from excess water pressure in pipes to produce clean, renewable energy. The company targets water, wastewater and industrial infrastructure to integrate its flow-to-wire configurations.
The award is sponsored by Grant Thornton Intl., and a full list of all the top 30 finalists can be found at the GCCA website.