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April 05

Worlds top 10 start-ups working on energy transitions

New Delhi: The Start-up Energy Transition (SET), an international platform supporting innovation in energy transition, has officially released their list of 100 top energy start-ups. These start-ups are shortlisted for the 2019 SET award, presented by the German Energy Agency (dena) and the World Energy Council (WEC).

The international award seeks innovative business models for energy transition and climate protection. The final round of the competition is on 9 April at the SET Tech Festival in Berlin. The SET100 companies will also present themselves before the 24th World Energy Congress, hosted by WEC.

Here are the top 10 start-ups:

1. Acacia Innovations, Kenya  

It makes modern clean cooking affordable for schools in Kenya, through an innovative subscription model which allows schools to get a highly discounted affordable clean cook stove if they sign a contract to purchase Kuni Safi biomass briquettes (an alternative to firewood made of sugarcane waste).

2. Adaptricity, Switzerland

This start-up offers data driven grid analytics tools and services that enable distribution system operators to better understand grid behaviour, leading to smarter grid planning and asset management. The highly automated, intuitive system allows for better investment decisions requiring less engineering time.

3. Africa GreenTec, Mali

Africa GreenTec develops, builds, supplies and operates mobile, scalable solar containers for the power supply of villages in rural Africa. They provide renewable, decentralised energy & water solutions for the Global South, by empowering new generations.

4. BioLite, USA

It designs and manufactures products that transform the way off-grid households cook, charge devices, and light their homes. They partner with last-mile distributors and finance providers to reach underserved consumers.

5. Biome Renewables, Canada 

Biome Renewables is an industrial design firm that uses biomimicry in the engineering and design space to make efficient renewable energy technologies. Their flagship technology is the PowerCone, an aerodynamic enhancement device that bolts onto the hub of a wind turbine and improves performance.

6. Blixt, Sweden

It is the first and only company to develop miniature solid state circuit breakers and multidirectional inverters; critical components that will accelerate the transformation to sustainable, all-electric technologies worldwide, like energy, mobility and industry 4.0.

7. Bloom, Switzerland

It is a chemical company providing cost competitive biobased products to reduce greenhouse gas emissions and waste management issues. They developed the most selective method to valorise biomass and offer a cost-competitive solution to contribute to the energy transition

8. BluWave-ai, Canada

BluWave-ai is optimising renewable energy usage with AI on Smart Grid IOT sensors. They are using their expertise in big data, AI, supercomputing, and distributed edge computing to positively have an impact on how our planet uses clean renewable energy sources

9. Bodawerk, Uganda 

It is a manufacturing company with the vision of becoming the main provider of E-mobility solutions for the African mobility and logistics sector. They aim to make African mobility 100 per cent electric powered while being economically, socially and environmentally sustainable.

10. Bound 4 Blue, Spain

b4b presents a foldable patented wingsail solution based on an aeronautical design which reduces fuel use and pollutant emissions of the maritime transport sector by an average of 30 per cent. This is critical for an industry looking for more efficient propulsion systems and emissions reduction.

The 100 start-ups come from 31 countries, 18 different sectors and cover all regions of the world.

Almost 450 start-ups from 80 countries competed in one of five categories to showcase their solutions to climate change, and energy transition.

[Full SET100 list can be read here]

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