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Energy Efficiency & Infrastructure dominates Tech Tour Cleantech Summit 2011

First published on the Cleantech Investor website July 2011
 
The Energy Efficiency & Infrastructure sector dominated this year's Tech Tour Cleantech Summit. Tech Tour’s hand-picked selection of the 25 most promising European Cleantech companies presented to the investment community over two very busy days in Geneva on July 6 and 7. This biannual event is among Europe’s finest Cleantech events of this kind, with the organisers taking a proactive role in promoting networking which extended to the Gala Dinner aboard a Lac Leman cruiser.

The selected companies represented all the foremost cleantech categories, including energy generation (eg Sweden’s Cortus AB), energy efficiency and infrastructure (eg UK’s KiWi Power), materials (eg Germany’s AZZURRO Semiconductors AG), energy storage (Highview Power, UK), clean transportation (eg CPM Compact Power Motors, Germany), and water and waste water (Ireland’s SCFI).

The Keynote speech was delivered by Sir David King, Director of the Smith School of Enterprise and Business, Oxford (formerly the chief scientific advisor to the UK Government). In his speech, “ Energy, the Environment and Fukushima”, Sir David reiterated his faith in nuclear energy, citing the fact that the 16 reactors on the Fukushima site shut down within two minutes of the powerful earthquake, and had the subsequent 16m high tsunami not overwhelmed the 5.6m high defences, there would have been no crisis. A key point of his speech was that by focussing on carbon reduction, Europe can create a new growth path, generating prosperity and employment as more people are recruited into the new energy sector. Lean, green manufacturing will revive Europe’s economy and rebuild the link between science and manufacturing (although governments must get their policies right, he added).
 
The selection committee comprised of venture investors including:
 
  • Christian Tiringer, ARAX Capital Partners
  • Alexis Figeac, Axiom Ventures
  • Marc Lambrechts, Capricorn Ventures 
  • Henrik Olsen, Environmental Technologies Fund
  • Andreas von Richter, GE Global Research
  • Richard Blundell, Global BSN
  • George Coelho, Good Energies
  • Heiko von Dewitz, Intel Capital
  • Glen Schwaber, Israel Cleanech Ventures
  • Alexander Banz, Niton Capital
  • Bjarne Henning Jensen, Vaekstfonden
  • Torsten Wipiejewski, VNT
  • Bart Markus, Wellington Partners
  • Soren Hein 
Reflecting the current trends in cleantech, companies selected to present this year were concentrated in Energy Efficiency & Infrastructure - with seven of the presenting companies coming from this sector. Energy generation was also an important sector, with six of the presenting companies involved in energy generation - followed by clean transportation. The full list of presenting companies is in the following table.
 

Company Name

Country

Industry segment

Oxycom

The Netherlands

Air, Carbon & Environment

CPM Compact Power Motors

Germany

Clean Transportation

SEV-World

France

Clean Transportation

Weyland AS

Norway

Clean Transportation

Glo

Sweden

Energy Efficiency & Infrastructure

GreenPeak Technologies

The Netherlands

Energy Efficiency & Infrastructure

Innosave-energy

Israel

Energy Efficiency & Infrastructure

KiWi Power

United Kingdom

Energy Efficiency & Infrastructure

Oree

Israel

Energy Efficiency & Infrastructure

Topell Energy B.V.

The Netherlands

Energy Efficiency & Infrastructure

Sensima

Switzerland

Energy Efficiency & Infrastructure

Availon GmbH

Germany

Energy Generation

Cortus AB

Sweden

Energy Generation

Enecsys Ltd.

United Kingdom

Energy Generation

Geo-En Energy Technologies GmbH

Germany

Energy Generation

greenTEG GmbH

Switzerland

Energy Generation

TIGI Ltd

Israel

Energy Generation

Highview Power Storage

United Kingdom

Energy Storage

AZZURRO Semiconductors AG

Germany

Materials

Kebony ASA

Norway

Materials

PE INTERNATIONAL AG

Germany

Others

pvXchange

Germany

Others

VERTARIS

France

Recycling & Waste

SCFI

Ireland

Water & Waste Water

Xeros Ltd

United Kingdom

Water & Waste Water

The event is held every two years. Many of the companies selected to present in 2009 included the following companies, many of which went on to raise money from investors: 
  • Silicon-slurry recovery company SiC Processing AG (which has since sold a majority stake to Nordic Ventures)
  • Concentrated photovoltaic firm Concentrix Solar (which has since sold a majority stake to Soitec Group)
  • Smart-meter provider AlertMe (which has since sold a strategic stake to British Gas)
  • Marine generator Aquamarine Power (which has since sold a strategic stake to ABB)
  • Power PLUS Communications, Bekon, and Torqeedo, all of which have since secured funding from leading VCs
  • Solar-cell developer Solarion, which has since secured EUR 60m to build its first mass-production facility
  • Novaled, a recognized market leader in the Organic LED (OLED) sector. 
 

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