HOUSTON, TEXAS/USA– 13 January 2022: Innowatts, an industry-leading global AI-enabled energy and data analytics software as a service (SaaS) provider, was named a 2022 Global Cleantech 100 Company by Cleantech Group for the third consecutive year.
“Being named to the Global Cleantech 100 list, not once but three times, speaks to our team’s continued commitment to creating technologies that accelerate the energy transition and shape the way companies reach their sustainability goals literally,” said Siddhartha Sachdeva, Chief Executive Officer at Innowatts. “This accomplishment validates our customer-centric approach and products. As our customers evolve and set new goals, we will continue innovating new products to serve them.”
The 100 companies on the Global Cleantech list were selected from over 10,000 entrepreneurs and represent the private, independent, and for-profit companies best positioned to deliver solutions that will take us from commitments to actions in the sprint to net-zero. This year’s list included entries from 94 countries. The sectors covered include Agriculture & Food, Enabling Technologies, Energy & Power, Materials & Chemicals, Resources & Environment, and Transportation & Logistics.
“As sustainability demands and expectations for our customers change, Innowatts has invested in the talent, technology, and resources to meet those new demands,” said Jeff Wright, Chief Revenue Officer at Innowatts. “Our platform accelerates the energy transition by leveraging insights from over 45 million meters globally. Outcomes enable users to analyze multiple data sets, gain a better understanding of their carbon footprint and intensity for each site, and facilitate larger sustainability initiatives.”
The list combines Cleantech Group’s research data with qualitative judgments from nominations and insight from a global, 85-member Expert Panel of leading investors and executives from 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.
“We have the science and ingenuity to solve most of the issues, and there is the investment capital, in both private and public markets, to propel a three-decade transformation, to net-zero,” said Richard Youngman, CEO, Cleantech Group. “The 2022 Global Cleantech 100 companies show this in spades. What they, and hundred others like them, now need is braver regulators, policymakers, and procurement departments to enable such solutions to scale and go down their different cost curves much faster than the current trajectories.”
In September 2020, an independent study performed by the Electrical Power Research Institute (EPRI) found the energy forecasting models provided by Innowatts consistently outperformed six other leading forecasting platforms. Today, Innowatts continues to evolve as a company. They continue to innovate by leveraging their domain skills and market experience to create new energy and sustainability-related applications that serve a growing list of customers and industries. With the ability to provide insights at the meter, Innowatts can complement and facilitate the acceleration of sustainability and environmental, social, and governance (ESG) initiatives. In doing so, Innowatts has redefined how companies can measure carbon footprint and intensities at each site by applying AI/ML learnings from over 45 million meters globally. Innowatts’ scalable, highly secure, and market-leading SaaS platform delivers a seamless end-to-end solution that quickly ingests, processes, and analyses large amounts of raw data gathered through many data sources (e.g., such as smart meters, weather trends, and other macro and social-economic data, to produce unmatched insights). These best-in-class insights empower Innowatts’ partners to meet and/or exceed current demands and make data-driven decisions, keep costs low, and deliver the sustainable and resilient energy their customers have come to expect.
Download Innowatts’ white paper today and discover how their AI-enabled SaaS platform can help facilitate your sustainability goals in 2022 through accurately analyzing your carbon footprint and intensity at each site: www.innowatts.com/net-zero-whitepaper
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.
About Innowatts: 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 energy transition by leveraging insights from more than 45 million meters globally. Outcomes enable users to analyze multiple data sets, gaining a better understanding of their carbon footprint and intensity for each site. The Innowatts platform delivers 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
Jonnathan Zin Truong