Albeo Technologies Selected by Global Cleantech Cluster Association As 2011 Later Stage Award Top 30 Winner

Share Article

Recognized for creating green technology and business success, Albeo’s performance leading LED High Bay has been widely deployed including the two largest LED general illumination projects in the US of over 500,000 and 750,000 square feet to provide substantial energy and maintenance savings with short ROIs.

Albeo Technologies Inc., a leading manufacturer of industrial and commercial solid-state lighting systems, today announced that it has been chosen by the Global Cleantech Cluster Association as a 2011 Later Stage Award Top 30 semi-finalist. Inclusion in the GCCA Global Top 30 reflects the strong business and market position of the company in the Green Buildings sector, and signifies its innovative approaches and technologies are gaining a foothold in the new global green economy. Albeo Technologies Inc. was nominated for the GCCA Later Stage Award by the Colorado Cleantech Industrial Association (CCIA) http://www.coloradocleantech.com in May 2011. Albeo’s superior white-LED solid-state lighting solutions have delivered three year growth rates over 775% including the two largest general illumination LED installations in the US of 500,000 and 750,000 square feet. Albeo’s business model, patented technology, market position, profitability and potential at creating and capturing market share (among other criteria) qualified it to be a GCCA Later Stage Award 2011 Global Top 30 Finalist.

Albeo and the other 2011 Global Top 30 companies will be honored at the GCCA’s Later Stage Award Dinner held in conjunction with the Dublin Cleantech Forum, on November 14th, 2011. Co-hosted by An iSli Ghlas - The Green Way, Ireland’s cleantech cluster, the full day executive event features CEO presentations and high-level discussions on the most critical topics for emerging clean technology companies and investment opportunities.

“Narrowing down 185 nominations from cleantech clusters all over the world down to 30 was a very competitive process,” says Ben Taube, Chairman of the GCCA. “These Top 30 Finalists are the rising stars of the world’s clean technology sector.”

“These companies, with their customers and revenue, are building significant green collar economies in the regions where they operate,” said Shawn Lesser Co-Founder of the GCCA. “For the health of the planet, both economically and environmentally, we are committed to spotlighting these game-changing companies on the world stage.”

The GCCA Later Stage Award Global Top 30 Finalists were selected out of the 4000 companies represented by the GCCA’s 30 member clusters, ranging from North America and Europe to Asia. Each cluster conducted internal evaluations to nominate up to 10 companies in 10 categories, including solar, wind, energy storage, green buildings, water and more. In total, these member clusters nominated 185 companies for the 2011 Later Stage Award. The Top 30 finalists were screened for investment grade through the Keystone Method™, a data-driven business assessment and venture development tool developed by GCCA Head Judge Dr. Peter Adriaens at The University of Michigan, and CleanTech Acceleration Partners.

The 2011 Later Stage Award is sponsored by Grant Thornton International. A full list of all the GCCA Later Stage Award 2011 Global Top 30 Finalists can be found at the GCCA website at: http://www.globalcleantech.org/awards/2011-global-top-30

Albeo Technologies, Inc. manufactures high quality, long-lasting LED lighting products for commercial and industrial facilities. Albeo has won 14 independently-judged product and company awards including 5 from the US Department of Energy (DOE). Albeo’s C-Series High Bay, Surface Mount, and S-Series sealed fixtures are designed for general lighting applications. Other products include T8LED Conversion Kits and T8LED Troffers for retail, office and school lighting. Details for the entire product line are available on Albeo's website at http://www.albeotech.com.

About the Global Cleantech Cluster Association
The Global Cleantech Cluster Association creates conduits for companies to harness the tremendous benefits of international cleantech cluster collaboration in an efficient, affordable, and structured way. Global Cleantech provides a gateway for established and emerging cleantech companies to gain exposure to potential investors, new markets, influential networks, innovative technologies and best practices. GCCA was founded by swisscleantech, the Finnish Cleantech Cluster, and Watershed Capital Group. The GCCA Later Stage Award is sponsored by Grant Thornton International. For more information about Global Cleantech, please visit http://www.globalcleantech.org.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Dave Stewart
Visit website