HOUSTON, Dec. 15, 2020 — Innowatts, the leading AI-enabled SaaS platform for global energy providers, today announced its selection as a 2021 Global Cleantech 100 Company by Cleantech Group. This is the company’s second time being featured on the prestigious list, which highlights decarbonization and energy-efficiency pioneers selected from thousands of technology innovators around the world.
In 2020, major energy giants in North America and globally, including Iberdrola Texas, Shell Energy Europe and Direct Energy, launched or expanded partnerships with Innowatts. Energy providers use Innowatts’ SaaS platform to better manage power supply, uncover insights into customers’ usage, and achieve sustainability goals using predictive analytics and data intelligence gleaned from tens of millions of smart meters around the world.
“Our AI-powered platform has empowered electricity providers to remain resilient despite COVID disruptions and unpredictable market conditions, while leveraging the power of data to continue sustainability initiatives,” said Innowatts CEO Siddhartha Sachdeva. “Being named once again to the Global Cleantech 100 underscores the significance of our customer-centric energy analytics approach as we work to accelerate the transition to a sustainable energy future.”
Delivering solutions that will take us from climate chaos to transformation, the 100 companies on the list represent the private, independent and for-profit companies best positioned to contribute to a more digitized, de-carbonized and resource-efficient future. This is the 12th edition of the widely respected annual guide, which combines Cleantech Group’s research data with nominations and insight from a global, 91-member Expert Panel of leading investors and executives from corporations and industry sectors active in technology and innovation scouting.
“We are delighted to welcome 50 companies for their first time on this year’s new Global Cleantech 100. This replacement rate speaks to the healthy maturing of this innovation ecosystem and to some specific impacts of Covid-19,” said Richard Youngman, CEO, Cleantech Group. “On the one hand, the 2021 list reflects the long-running mega-trends like decarbonization, digitization, electrification, and the ever-increasing volumes of deployed renewable energy. On the other, Covid-19’s impact is evident – for example, in the uptick in automation and robotics-enabled solutions, in logistics and supply chain solutions, and solutions in the food chain to prevent, reduce and repurpose food waste. Resilience is a new critical factor at play.”
Download the report to learn more. To meet many of the innovators and investors on the 2021 Global Cleantech 100 list, join us at the virtual events, Cleantech Forum Europe, 12-14 January and Cleantech Forum San Francisco, 19-21 January.
About Cleantech Group:
At Cleantech Group, we provide research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. We bring clients access to the trends, companies and people shaping the future and the customized advice and support businesses need to engage external innovation.
Industries are undergoing definitive transitions toward a more digitized, de-carbonized and resource-efficient industrial future. At every stage from initial strategy to final deals, our services bring corporate change makers, investors, governments and stakeholders from across the ecosystem the support they need to thrive in this fast-arriving and uncertain future. The company was established in 2002 and is headquartered in San Francisco with people based in London, Paris and Boston.
Innowatts is a leading energy SaaS platform that utilizes best-in-class artificial intelligence to help electricity providers unlock grid edge opportunities, increase customer value, and accelerate the transition to sustainable energy solutions. The Innowatts platform harnesses insights from more than 40 million meters, delivering real-time, customer-centric energy analytics with unprecedented accuracy. With clients and operations across the Americas, Europe, and Asia, Innowatts is a global leader, enabling energy providers to become truly customer-focused and fully leverage the power of data to transform their businesses. For more information, please visit www.innowatts.com.