Alex Marks | 25 Sep 2019
Australian energy technology start-up Allume Energy has been named to Cleantech Group’s New 50 to Watch List.
The 50 to Watch is an annual list of the most promising early-stage private companies delivering high-impact solutions. The innovators on the list are creating new technologies and business models that could change every aspect of how we live; from what we eat to how we consume, from how we build our homes to how we travel
Allume Energy CEO Cameron Knox said:
“Allume Energy is a company striving to ensure everyone can access rooftop solar to reduce both their power bills and greenhouse gas emissions. Our SolShare solar distribution technology opens up rooftop solar to apartment residents and small businesses in office buildings and retail centres. We’re thrilled that product has been recognised as a game-changer for the solar industry,”
Director of Cleantech Group Jules Besnainou said:
“50 to watch companies give their all to achieve profitable impact. They tackle pressing global challenges with creative pragmatism and dedication. Together, they form a roadmap to a more sustainable future.”
To arrive at the companies on the list, Cleantech Group put together a diverse panel of more than 20 early-stage innovation experts from five continents. The Expert Panel nominated the companies they were most impressed with, focusing on high-impact solutions. Next, those nominations were combined with Cleantech Group nominations and added to research on early-stage public awards. The resulting 500 nominations were put through qualitative and impact filters. All nominations were weighted according to their relevance, keeping a sectoral and geographical balance. The Expert Panel then reviewed and scored a shortlist of 140 companies to arrive at the final 50.
The complete list of 50 companies was revealed on 24 September 2019.