Bboxx is Named in the 2017 Global Cleantech 100 & As Winner of the GE Innovation Award
24 January 2017 – Today, Bboxx was named in the prestigious 2017 Global Cleantech 100, produced by CTG (Cleantech Group), whose work keeps its audiences and clients in touch with emerging trends, leading innovation companies and all key players in sustainable innovation.
The Global Cleantech 100 represents the most innovative and promising ideas impacting the future of a wide-range of industries. 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 significant market impact within a 5-10 year timeframe.
In addition to being one of the top 100 private companies in cleantech, Bboxx was also the recipient of the “GE Innovation Award” Award. Sponsored by GE Ventures, this is awarded to the company that strongly represents GE’s innovation themes in advancing a smarter future.
“We are delighted to have been recognised for our innovation and engineering,” said Mansoor Hamayun, CEO of Bboxx. “The team is constantly striving to improve our solar technology in order to provide the on-grid experience to off-grid customers in a cost-effective, scalable way.
The Global Cleantech 100 list is collated by combining proprietary CTG research data, with weighted qualitative judgments of hundreds of nominations, and specific inputs from a global 86-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: 9,900 distinct companies from 77 countries. These companies were weighted and scored to create a short list of 325 companies. Short-listed nominees were reviewed by CTG’s Expert Panel, resulting in a finalized list of 100 companies from 17 countries.
The 86-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.
“From day one, the purpose of the Global Cleantech 100 program was to act as our barometric read on how the many facets that contribute to the emergence and maturing of an innovation theme like cleantech (the “doing of more with less”) are changing year on year,” said Richard Youngman, CEO, CTG (Cleantech Group). “Now in its 8th year, we see more signals this year of the ongoing mainstreaming of clean technologies, sustainability, and resource efficiency on its journey towards the point where this is just the normal way business is done.”