Imperative Energy and OpenHydro win global cleantech awards

Tuesday, 15 November 2011

Congratulations to ByrneWallace clients Imperative Energy and OpenHydro, who won 2 of the “Global Top 10” cleantech awards last night at a gala awards ceremony co-hosted by The Green Way. The awards ceremony was attended by 270 delegates active in the green economy with Minister for Energy Pat Rabbitte presenting the awards. The winning companies from the US, Canada, Finland, Switzerland and Ireland, represent the world’s leading cleantech clusters in the categories of biofuels, energy efficiency/green buildings, new materials, renewable energy, solar, storage/smart grid, transportation, waste, water and wind energy.

The Global Cleantech Cluster Association (GCCA) Later Stage Award Top 10 winners were selected from an original pool of 4000 eligible companies, represented by the GCCA’s 33 member clusters. Each cluster conducted internal evaluations to nominate companies in the 10 categories to represent their country, with Imperative Energy and OpenHydro being the two sole Irish representatives.

ByrneWallace, legal partner to The Green Way, the Irish member of the GCCA, is delighted and extremely proud of the achievements of both companies, and we look forward to working with them on their ambitious future plans. Imperative Energy, won the “Best in Biofuels” category with OpenHydro winning the “Best of Renewable Energy” category.

Pictured above (from left to right) are Joe O'Carroll, Managing Director, Imperative Energy, Minister for Energy, Pat Rabbitte TD and James Ives, Chief Executive Officer, OpenHydro.

See below for brief descriptions of both companies:

Best in Biofuels – Imperative Energy
With offices in Ireland and the UK, Imperative Energy Ltd (IEL) is a bioenergy project developer with 35 active installations.  Partnering with best-in-class technology providers from across Europe, IEL is expanding rapidly in terms of turnover and profitability. Having completed one round of fundraising (€29m) in 2009, IEL is embarking on a further round of fundraising to accelerate growth in UK and Ireland and prepare for entry into the US market.

Best of Renewable Energy - OpenHydro
An Irish tidal energy technology company, OpenHydro’s business is the design and manufacture of marine turbines for generating renewable energy from tidal streams. The company’s vision is to deploy arrays of tidal turbines under the world's oceans, silently and invisibly generating electricity at no cost to the environment. OpenHydro has a project portfolio spanning the USA, Canada, France, Scotland and the UK’s Channel Islands with utility partners including EDF, Nova Scotia Power and SSE Renewables.

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