Cleantech market no longer niche
The winners of the Global Cleantech Cluster Association's Later Stage Awards were announced last week, reflecting the increasing popularity of the $163 billion global cleantech market.
The GCCA's Global Top 10 Winners represent the best of the association's over 4000 member companies and include bioenergy company Biothermica Carbon; smart grid company and smart home services market innovator Greenwave Technology; smart building and energy efficiency solutions provider Cylon; solar company Geostellar; Hydrovolts, a producer of hydrokinetic turbines that generate renewable energy from moving water in canals and water treatments facilities; and The Switch, a supplier of megawatt-class permanent magnet generator and full-power converter packages for wind power and other renewable energy applications.
"Cleantech and sustainability are no longer a niche. They are outperforming most market sectors in growth, even during the recession," said Ben Taube, GCCA Chairman. "These 2012 Top 10 winners are indicative of the increasing strength of their sectors."