HOUSTON, Jan. 16, 2020 — Innowatts, a leading AI-enabled energy software company providing customer-centric energy intelligence and business solutions for utilities, energy retailers, and smart energy communities, today announced being named a 2020 Global Cleantech 100 company in recognition of its commitment to sustainable innovation.
The Global Cleantech 100 recognizes 100 leading companies that are poised to solve the planet’s biggest challenges over the next five to ten years. The guide, now in its 11th edition, is published by Cleantech Group, a global research, consulting, and events company that supports the development and marketability of clean technologies, and features the companies best positioned to contribute to a low-carbon and resource-efficient industrial future.
Innowatts’ inclusion reflects its technologies’ role in providing more than 34 million energy consumers and their energy providers with access to lower-cost energy. The company’s smart meter analytics also enable more sophisticated forecasting and load balancing, helping to make power networks more resilient as operators switch to renewable energy sources.
“At Innowatts, we’re committed to extracting intelligence from energy consumption data to proactively identify opportunities for not just digitization, but also decarbonization and electrification,” said Siddhartha Sachdeva, Innowatts’ CEO. “Being named to the Global Cleantech 100 is a validation of our approach, and a reminder that making the world’s power grids stronger and smarter is a critical part of the ongoing global effort to create a sustainable 21st-century economy.”
The Global Cleantech 100 reflects Cleantech Group’s proprietary research along with the judgment and insight of an 80-member expert panel of leading investors and executives from global corporations and industrials active in technology and innovation scouting. From pioneers and veterans to new entrants, the expert panel broadly represents the global cleantech community, and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem.
“It feels right that our first list of the future-defining 2020s should see a continued strengthening in the representation of truly impactful and necessary innovations to transform our diets, to enable a more renewable-heavy energy system, and to capture and utilize the vast levels of CO2 we have been freely emitting for decades,” said Richard Youngman, CEO of Cleantech Group. “Also included in our 2020 list are some big and critical shots at solving global problems – from proving out fusion and next-gen batteries to zero carbon aviation.”
Download the full Global Cleantech 100 report here.
About Cleantech Group
Cleantech® Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.
The company was established in 2002 and is headquartered in San Francisco, CA with a growing international presence in London. Our parent company, Enovation Partners, is based in Chicago, IL.
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Innowatts is a leading provider of AMI-enabled predictive analytics and AI-based solutions for utilities, energy retailers and smart energy communities. To date, the Innowatts eUtility™ technology platform has provided nearly 34 million energy consumers and their energy providers with access to lower energy costs and a more reliable and personalized energy experience. Innowatts is backed by Energy Impact Partners, Shell Ventures, Iberdrola (Spain), EEI (Japan), Evergy Ventures, and Veronorte (Colombia). For more information, please visit www.innowatts.com