WaterHealth International, one of the BCtA's newest member companies, was named one of the Global Cleantech 100 for 2010 at last month's Cleantech Forum in New York hosted by the Cleantech Group and The Guardian newspaper. The list highlights the most promising private clean technology companies from around the globe, recognizing companies at the forefront of cleantech innovation, who are offering solutions to some of the planet's most pressing environmental challenges.
WaterHealth seeks to provide low-income communities with a sustainable source of clean water at affordable prices. The company's business model focuses on the long-term operation and maintenance of water purification centers in areas that lack access to safe water. WaterHealth's purification systems are now found in over 300 communities in Africa and India and currently serve over one million people.
"We are pleased that the Cleantech Group recognizes the significant potential impact of WaterHealth International," said Sanjay Bhatnagar, Chief Executive Officer of WaterHealth International. "We are now poised to achieve significant scale and are installing new systems in about 50 communities every month. This rate will increase in the future and our ability to scale makes us confident that WaterHealth will play a leading role in addressing the global safe water crisis."
The Global Cleantech 100 list is derived by the Cleantech Group, who draws on its own data and research, and combines it with the weighted qualitative judgments of both hundreds of cleantech industry insiders, and the viewpoints of a 60-strong, international expert panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
4,616 nominations were received from 3,260 unique sources, giving the judges a long list of 3,138 companies drawn from 50 countries. 218 companies were presented to the expert panel for final input. The end result was the selection of 100 companies from 14 countries.
"The second Global Cleantech 100 shines a spotlight on which companies and which technology areas the global innovation community is currently most excited about, from a commercial standpoint," said Richard Youngman, MD, Europe & VP, Global Research at Cleantech Group. "Cleantech is a broader phenomenon than just clean energy. The wider issues of resource scarcity are starting to gain attention and traction."
"The Global Cleantech 100 list represents the most rigorous, serious attempt made yet to provide a scorecard of the progress that is being made by cleantech companies. This year's expert panel involved a greater level of corporate participation than last year's, and we also saw an increased presence of companies from China in the Top 100 list both trends that we at VantagePoint see as critical signs of the times," commented Stephan Dolezalek, the CleanTech Group Leader at VantagePoint Point Venture Partners.