REDWOOD CITY, Calif.--(BUSINESS WIRE)--AutoGrid, the market leader in flexibility management software for the energy industry, has won recognition as a 2020 Global Cleantech 100 company by Cleantech Group, solidifying the company’s position as one of world’s top 100 clean technology companies for a seventh consecutive year.
“At AutoGrid, we’re accelerating the world’s transition to a clean, affordable and reliable energy system through AI-enabled software,” said Amit Narayan, AutoGrid CEO. “It’s an honor for the Global Cleantech 100 to recognize the critical role that flexible energy management will play in how the world produces, uses and distributes energy over the next decade and beyond.”
The Global Cleantech 100 annually takes the pulse of the global innovation community on the companies most likely to make the greatest impact in the next five to 10 years. “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, Cleantech Group.
AutoGrid was selected from among a record 13,900 companies from 93 countries. The Global Cleantech 100 list is assembled by combining proprietary research data with weighted qualitative judgments from hundreds of nominations and specific inputs from a global 87-member expert panel.
AutoGrid builds software applications that enable a smarter distributed energy world. The company’s suite of flexibility management applications allows energy companies to deliver clean, affordable and reliable energy by managing networked distributed energy resources (DERs) in real time and at scale. AutoGrid has contracted more than 5,000 megawatts of DERs and works with more than 50 leading energy companies around the world, including Schneider Electric, CLP, E.ON, CPS Energy, National Grid, NextEra Energy and Total.
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 with a growing international presence in London. The parent company, Enovation Partners, is based in Chicago.