London, United Kingdom – 13 January 2022, (5PM GMT):
Piclo, a leading independent marketplace for smart and flexible energy systems, out of over 10,000 entrepreneurs was named a 2022 Global Cleantech 100 Company by Cleantech Group. The 100 companies on the list represent the private, independent and for-profit companies best positioned to deliver solutions that will take us from commitments to actions in the sprint to net zero. This is the 13th edition of the widely respected annual guide. This year’s list included entries from 94 countries. The sectors covered include Agriculture & Food, Enabling Technologies, Energy & Power, Materials & Chemicals, Resources & Environment and Transportation & Logistics.
“We are delighted to be featured in the prestigious list highlighting how critical energy flexibility is to transition to a net zero future! As we look towards an ambitious 2022, we will continue enabling the decarbonisation of our energy systems and strive to be an example of agency and action in the midst of a climate crisis” said James Johnston, Co-founder and CEO.
The list combines Cleantech Group’s research data with qualitative judgements from nominations and insight from a global, 85-member Expert Panel of leading investors and executives from corporations and industrials active in technology and innovation scouting. From pioneers and veterans to new entrants, the Expert Panel broadly represents the global cleantech community and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem. The Global Cleantech 100 program is sponsored by Chubb.
“We have the science and ingenuity to solve most of the issues and there is the investment capital, in both private and public markets, to propel a three-decade transformation, to net zero.,” said Richard Youngman, CEO, Cleantech Group. “The 2022 Global Cleantech 100 companies show this in spades. What they, and hundred others like them, now need is braver regulators, policy makers and procurement departments, to enable such solutions to scale and go down their different cost curves much faster than the current trajectories.”
About Cleantech Group
At Cleantech Group, we provide research, consulting and events to catalyse opportunities for sustainable growth powered by innovation. We bring clients access to the trends, companies and people shaping the future and the customised advice and support businesses need to engage external innovation.
Industries are undergoing definitive transitions toward a more digitised, de-carbonised and resource-efficient industrial future. At every stage from initial strategy to final deals, our services bring corporate change makers, investors, governments and stakeholders from across the ecosystem, the support they need to thrive in this fast-arriving and uncertain future.
The company was established in 2002 and is headquartered in San Francisco with people based in London, Paris and Boston.
Piclo develops software to make electricity grids smart, flexible and sustainable. Chaired by Volker Beckers, the London-based company has been building solutions for the energy industry since 2013, having secured funding including grants from DECC and BEIS and investment from the Green Angel Syndicate, Mott MacDonald Ventures and the Clean Growth Fund. Piclo Flex is an independent marketplace for trading flexibility online. The platform provides market visibility, qualification services and online auctions with over 12GW of flexible capacity registered. Since 2018, Piclo has supported the business-as-usual flexibility procurement of six of the UK DNOs and is commercially contracted with UK Power Networks, SP Energy Networks and Electricity North West.