The third annual Global Cleantech 100 list was released by Cleantech Group earlier this week. This list recognizes 100 of the most innovative companies in the renewable energy, energy efficiency, low-carbon transportation and water and waste fields, who are projected to be significant market players over the next five to ten years.
Any company that is independent, for-profit, and not listed on any major stock exchange is qualified to appear on this list. This year, 4,274 companies from over forty-five countries were nominated. Companies ranging from DuPont to Proctor and Gamble to Coca-Cola surveyed the 213 companies that made it to the shortlist, resulting in the final 100.
This year, the 100 companies hail from 16 countries, though most come from the US. When weighted for economy size, however, the companies from small countries like Denmark, Israel, Sweden and the Netherlands had the edge. Over 350 investors, coming from twenty-eight countries, hold shares in the companies, and GE and Siemens proved to be the most active partners within the 1oo.
“This year’s Global Cleantech 100 shows once again that there is no end to the innovation that entrepreneurs are capable of creating in order to attack some of the most pressing resource challenges and in the process will introduce to the world some outstanding companies,” said Rodrigo Prudencio, Partner at Nth Power and a member of the judging panel of business experts who distilled the 2011 list. “The annual list proves that companies are being formed around the world to pursue a wide variety of opportunities and that investors, customers and partners see these markets as global and larger than ever imagined.”