East Penn’s Australian subsidiary, Ecoult, was named in the Cleantech Group’s prestigious 2013 Global Cleantech 100. The company was positioned as one of the world’s top 100 private companies in clean technology from a field of 6,000 other global nominees.
The Global Cleantech 100 list is unique because it highlights the promise of private clean technology companies from all around the world, focusing on those companies that are currently the most likely to make the most significant market impact over the next 5-10 years. The list is derived from Cleantech Group’s own data and research, combined with the weighted qualitative judgments of hundreds of nominations, and the viewpoints of a global 90-person Expert Panel. To qualify for the list, companies must be independent, for-profit, Cleantech companies that are not listed on any major stock exchange.
Ecoult designs and delivers energy storage solutions based on Deka UltraBattery® and other advanced battery technology. Ecoult’s solutions support the integration of renewable generation onto grid systems and significantly enhance the efficiency of grid ancillary services. These Deka UltraBattery® systems help reduce the use of fossil fuels while simultaneously stabilizing increased penetration of renewable generation.
Ecoult’s CEO John Wood says Ecoult is humbled to have been recognized in what is a highly innovative and competitive clean technology market. Ecoult is one of the few battery technology companies today that is truly able to claim leadership in product recyclability and safety. “This recognition is a great honor for Ecoult and for our US parent company, East Penn Manufacturing. We are very fortunate to have an awesome technology to steward and to have assembled a fantastic team to take it forward.” Congratulations to Ecoult and its employees for a tremendous recognition and accomplishment.