Green Biologics Selected as New Energy Pioneer
6th April 2011
Cited By Bloomberg New Energy Finance for Their Commitment to the Field of Clean Energy, Technology and Innovation
New York, April 4—Bloomberg New Energy Finance today announced Green Biologics as a 2011 New Energy Pioneer. In its second year, the Bloomberg New Energy Finance Pioneer program named nine other companies at the fourth annual Bloomberg New Energy Finance Summit in New York.
Sean Sutcliffe, Chief Executive of Green Biologics, said: “We are delighted to have been given this prestigious award which recognizes the outstanding contribution GBL technology is making in delivering low cost, low carbon sustainable biochemicals and biofuels. We look forward to implementing this technology in our rapidly growing commercial programme in the US as well as in China, India, Brazil and Europe.”
Green Biologics has developed an advanced fermentation process to convert readily available waste and agricultural by-product feedstocks into high value chemicals and biofuels. GBL focuses on the production of butanol, a widely used chemical and advanced next-generation biofuel with superior fuel and sustainability characteristics.
In its second year, the Bloomberg New Energy Finance Pioneers program identifies companies from across the world that are making significant gains in the field of clean technology and innovation. A panel of industry experts, led by Bloomberg New Energy Finance technology specialists, chose the honorees by assessing them against three criteria: potential scale, innovation and momentum.
This year’s winners represent a broad range of industries including bioenergy, energy smart technologies, water and solar. Each of the New Energy Pioneers has worked to develop unique technologies and has demonstrated the potential for these technologies to be competitive in the marketplace and implemented on a large scale.
"The panel chose these companies because we feel they have the potential to change the energy landscape in a very significant way," said Michael Liebreich, Summit chairman and head of Bloomberg New Energy Finance. "In this fast-evolving sector, the Pioneers could play a major role in the world's transition to a lower carbon energy system."
Other winners include BrightSource Energy, eMeter, Epuramat, Metabolix, On-Ramp Wireless, Redwood Systems, SAGE Electrochromics, TaKaDu and Winafrique
The Bloomberg New Energy Finance Pioneers Program is sponsored by AutoDesk and Morrison & Foerster.
Green Biologics Ltd
Green Biologics Ltd (GBL) provides world leading technology, based on advanced fermentation biotechnology, for the production of renewable butanol and other chemicals from waste and agricultural by-products. GBL is based near Oxford and serves markets around the world, generating royalty and other revenues from technology provision. GBL supplies bio-butanol retrofit technologies for both existing bio-butanol and bioethanol plants, as well as technology and plant designs for advanced new build bio-butanol plants. GBL’s key markets are the US China, India, Brazil and Europe. For more information, please visit: http://www.greenbiologics.com
About New Energy Finance
Bloomberg New Energy Finance is the world’s leading independent provider of news, data, research and analysis to decision-makers in renewable energy, carbon markets, energy smart technologies, carbon capture and storage, and nuclear power. The group has staff of more than 180, based in London, Washington D.C., New York, Beijing, New Delhi, Hyderabad, Cape Town, São Paulo, Singapore, and Sydney.
Bloomberg New Energy Finance Insight Services provide deep market analysis to investors in wind, solar, bioenergy, geothermal, carbon capture and storage, energy efficiency, and nuclear power. The group also offers dedicated services for each of the major emerging carbon markets: European, Global Kyoto, Australia, and the US, where it covers the planned regional markets as well as potential federal initiatives and the voluntary carbon market. Bloomberg New Energy Finance Industry Intelligence provides access to the most comprehensive database of investors and investments in clean energy and carbon. The News and Briefing Service is the leading global news service focusing on clean energy investment. The group also undertakes custom research and runs senior-level networking events.
For more information on Bloomberg New Energy Finance:
Bloomberg is the world’s most trusted source of information for financial professionals and businesses. Bloomberg combines innovative technology with unmatched analytics, data, news, and display and distribution capabilities, to deliver critical information via the Bloomberg Professional service and multimedia platforms, including Bloomberg Businessweek and Bloomberg Markets magazines. Bloomberg's media properties span television, radio, digital and print, making up one of the world’s largest news organizations. Headquartered in New York, the company employs more than 12,900 people in 166 locations around the world. For more information, please visit http://www.bloomberg.com.
Samantha JeskinsGreen Biologics Ltd
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Sarah FeinbergBloomberg LP
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