For cleantech success in Wind, The Switch honored at Savannah International Clean Energy Conference
Savannah, Georgia, US November 12, 2012 – The Switch was chosen by the Global Cleantech Cluster Association (GCCA) as the 2012 Later Stage Award Global Best of Wind winner in Savannah, Georgia, US. Dag Sandås was present to accept the award.
The 2012 Global Top 10 award reflects The Switch’s cleantech success and market position as a key component supplier to the wind power company in the $163.1 billion global cleantech industry. It also indicates that The Switch’s unique innovations are making a positive contribution to the green economy. The 2012 Later Stage Award in 10 different industrial categories is sponsored by Deloitte and McGuire Woods.
“Cleantech and sustainability are no longer a niche. They are outperforming most market sectors in growth even during the recession,” said Ben Taube, Chairman of the GCCA. “These 2012 Top 10 winners are indicative of the growing strength of their sectors.”
The Switch was nominated for the GCCA Later Stage Award by the Finnish member of the Executive Committee of Development, Lahti Science and Business Park, in May 2012 for its contribution to making wind power a viable source of renewable energy throughout the world. The Global Top 10 were selected out of the 4,000 companies represented by the GCCA’s 45 member clusters. In total, 200 companies were nominated by clusters as leading in their regions. That number was later narrowed to the Global Top 30 Semi-Finalists earlier this autumn using the Keystone Method™, a business and venture development tool developed by GCCA Head Judge Dr. Peter Adriaens and CleanTech Acceleration Partners at the University of Michigan.
“The Switch is honored to be the winner in the Best of Wind category,” says Dag Sandås, CFO of The Switch. “Our forward-thinking strategy of working in a flexible and asset-light partnership model has proven to make a difference in setting new standards in the wind power industry. This way of networking has been key in helping us grow during times of economic uncertainty. In addition, our flexible business model allows us to proactively seek M&A opportunities in global clean energy.”
A full list of all the GCCA Later Stage Award 2012 Global Top 10 finalists can be found at: http://www.globalcleantech.org/2012-winners
This story is featured in Switching on Frequently 05/2012.
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