SAN FRANCISCO, Feb. 8, 2016 /PRNewswire/ -- Encycle (www.encycle.com), developers of the Swarm Energy Management platform™, announced it was a recipient of the prestigious 2016 Global Cleantech 100 award. This award is produced by Cleantech Group, whose mission is to connect corporates to sustainable innovation through its i3 Connect platform and global events.
The Global Cleantech 100 represents the most innovative and promising ideas in cleantech. Featuring companies that are best positioned to solve tomorrow's clean technology challenges, Global Cleantech 100 is a comprehensive list of private companies with the highest potential to make the most significant market impact.
"We are very pleased to be selected as a Top 100 Company from among the thousands nominated," said Bob Chiste, CEO. "It's wonderful to receive such accolades from industry peers, recognizing the tremendous value we provide to commercial facility operators in terms of electricity peak demand and consuming savings, all derived using our Swarm Logic™ intellectual property."
This year, a record number of nominations were received: 6,900 distinct companies from 60 countries. These companies were weighted and scored to create a short list of 323 companies. Short-listed nominees were reviewed by Cleantech Group's Expert Panel, resulting in a finalized list of 100 companies from 17 countries.
The 100-member expert panel was drawn equally from leading financial investors and representatives of multi-national corporations and industrials active in technology and innovation scouting across Asia, Europe, and North America. The composition of the expert panel broadly represents the global cleantech community, from pioneers and leaders to veterans and new entrants.
Encycle Corporation is revolutionizing the way building operators reduce their peak electrical demand while maintaining comfort through its patented wireless smart grid technology platform, Swarm Energy Management. This platform reduces peak demand & consumption, optimizes OpenADR-certified automated demand response electrical savings, as well as provides unique fault detection reporting. It allows commercial, industrial and institutional buildings with little-to-no building automation to finally participate in the rapidly growing automated demand response and dynamic load management markets.
Encycle's major offices are located in Toronto, Canada, San Marcos, California, and Taunton, United Kingdom. Encycle, Swarm Logic and Swarm Energy Management are registered or pending trademarks of Encycle Corporation.
SOURCE Encycle Corporation