MILLBRAE, Calif. – January 26th, 2016 —Stem, Inc., a leader in intelligent energy storage, today announced it was named to the Global Cleantech 100, produced by Cleantech Group. This is Stem’s second consecutive year to receive the prestigious award, which honors the most promising innovations in cleantech and features companies that are best positioned to solve global sustainability challenges.
“We’re pleased to again be recognized by Cleantech Group for our innovative solution and commercial progress,” said John Carrington, CEO and Director of Stem. “With over 200 energy storage systems delivered to customers that include some of the world’s most influential companies, and more total commercial SGIP projects installed than every other provider combined, 2015 was certainly a banner year for Stem — and 2016 is already shaping up to be even bigger.”
The Global Cleantech 100 recognizes the most innovative and promising ideas in the cleantech industry. The 2015 list features private companies from 17 countries.
This year, a record number of 6,900 nominations were received, with winners being selected by a 100-member expert panel from across the globe.
“The Global Cleantech 100 provides us with insight into the collective opinion of key market players on which megatrends and innovation companies are most likely to have a significant impact in the next 5-10 years,” said Michele Parad, Senior Manager at Cleantech Group and lead author of the Global Cleantech 100 Report. “Now in its seventh year, the Global Cleantech 100 program reveals which themes are staying relevant and which sectors are taking center stage.”
The list is accompanied by a full report with commentary and insight on the 2015 Global Cleantech 100—authored by Cleantech Group, powered by data from i3, and sponsored by Chubb. Download the report at: http://www.cleantech.com/indexes/global-cleantech-100/2015-global-cleantech-100/
Stem, a leading provider of intelligent energy storage, combines big data, predictive analytics and energy storage to simultaneously reduce electricity costs for businesses and in aggregate, deliver services to the grid. Stem’s software learns a customer’s unique energy profile to maximize savings and displays real-time and predicted energy use alongside actionable recommendations. When aggregated, Stem’s customer-sited storage network offers flexible, cost-competitive capacity to the grid. Headquartered in Millbrae, California, Stem is funded by a consortium of leading investors including Angeleno Group, Iberdrola (Inversiones Financieras Perseo), GE Ventures, Constellation New Energy, Total Energy Ventures, Mitsui & Co., Ltd. and RWE Supply & Trading. For more information visit http://www.stem.com
About Cleantech Group
Founded in 2002, Cleantech Group’s mission is to accelerate sustainable innovation. Core to this mission is i3, an online platform that connects corporates with innovation, at scale, by allowing them to find, vet, and connect with start-ups—efficiently building an innovation pipeline. The i3 platform comes to life at our global Events, which convene corporates and start-ups, along with other players shaping the future of sustainable innovation. Cleantech Group is headquartered in San Francisco and has offices in London. For more information, visit www.cleantech.com
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