GreenCom Networks Wins Excellence Award at Cleanequity Monaco 2012

CleanEquity Monaco 2012, the foremost emerging cleantech conference hosted by Innovator Capital, the London specialist investment bank, and the Nobel Sustainability Trust, concluded Friday 30th March with the Award Ceremony presided over by H.S.H. Prince Albert II of Monaco.

An independent panel of judges, audited by H.S.H Prince Albert, selected GreenCom Networks as best in class for Excellence in the Field of Environmental Technology Development.

Mungo Park, Chairman of Innovator Capital commented, “A worthy winner of this category; GreenCom gave the conference a truly fascinating picture of how functional energy management will be for utilities and how user-friendly it will be for the consumer.”

GreenCom Networks is enabling distributed energy management for utilities with its Energy Information Brokerage Platform. The energy system is changing from a very centralized way of delivering energy to end customers to a more distributed approach based on a larger share of renewable energy sources. Such a change is key for a sustainable future energy system. Nevertheless, managing the power of a swarm of elements like consumers and distributed generators is complex. With its Energy Information Brokerage Platform, GreenCom Networks helps to unleash the value potential of distributed elements. Enabling services to better manage consumption, distributed generation or electric vehicles will be important for successful utilities of the future.

GreenCom Networks’ platform is built upon a unique combination of deep and long-standing experience in communications technology and the energy industry.

The year 2012 is all about bringing large numbers of consumers and distributed generators on the platform. GreenCom Networks already closed deals with larger utilities and energy service companies to apply its platform in the market. After Europe, GreenCom Networks plans to expand its footprint into the US market and Asia with initial planning for projects already ongoing.

This market traction should lay the foundation for GreenCom Networks’ success at next year’s CleanEquity conference to win the award of Environmental Technology Commercialization.

Headquartered in Munich, GreenCom Networks has its development center in Sophia Antipolis, France, in the heart of Europe’s Silicon Valley.

Collaborators on the 2012 event included Prince Albert II of Monaco’s Foundation, the Hinduja Foundation, Qualcomm Halo, PR Newswire, Covington & Burling, Ministry of Science and Innovation New Zealand, Auckland UniServices, Clark Langdon Partners, Carbon Trust an the United Nations UNEP Fi, Monte-Carlo SBM and the Monaco Chamber of Economic Development.