GRIDBEYOND has been named a 2020 Global Cleantech 100 company for its intelligent energy technology platform that connects grid operators to energy services.
The 2020 Global Cleantech 100 is a respected annual guide by Cleantech Group for companies that represent ‘the most innovative and promising ideas in cleantech, are most likely to have big commercial impact in a 5-10 year time frame, and that are best positioned to solve tomorrow’s clean technology challenges’.
GridBeyond received the acclaim for its intelligent energy technology platform Point, which uses AI and machine learning to simplify the complexity of the energy markets and deliver maximum value and efficiencies.
The platform connects grid operators, operational load, distributed generation, storage, electric vehicle charging and utilities to energy services.
This innovation advances the company’s vision to ‘build a shared energy economy that delivers sustainability, resilience and affordability through collaboration and innovation.’
Wayne Muncaster, Vice-President at GridBeyond, commented on the news: “We are proud that the leading global experts recognised our commitment to sustainability by naming GridBeyond as one of the world’s best cleantech innovators.
“It has always been GridBeyond’s ambition to drive the change in energy markets through our innovative technological solutions, not only by delivering tangible financial benefits and operational efficiencies for I&C businesses but also advancing the decarbonisation and digitalisation of the world economy.
“We are also grateful to hundreds of our global partners and clients: industrial and commercial energy users, generators, distributors, transmission and grid operation networks, who by trusting our technological solutions and services help in achieving the decarbonisation vision outlined in the Paris Agreement.”
The 2020 Global Cleantech 100 is the 11th edition of the list, developed by combining Cleantech Group’s research data with insights from a global panel of 80 judges composed of leading investors and experts in technology and innovation scouting.
Each year, the list names the best-positioned companies from across the globe, to contribute to a more digitalised, decarbonised and source-efficient industrial future.
Richard Youngman, CEO at Cleantech Group, added: “It feels right that our first list of the hundred future-defining businesses should see continued strengthening in the representation of truly impactful and necessary innovations […] to enable a more renewable-heavy energy system, and to capture and utilise the vast levels of CO2 we have been freely emitting for decades.”
The official announcement of the 2020 Global Cleantech 100 will take place during the Cleantech Forum in San Francisco, 27th-29th January.