ClimateWell is the fastest growing cleantech company in Europe

11/23/09

London – November 19th, 2009: ClimateWell® wins The Fastest Growing Company Award among European cleantech companies at the Cleantech Connect 2009 in London, UK. Among the judging committee were Fergus Munro from GE Infra Energy, Dr. Detlef Pohl, Partner at Siemens VC, Martin Smith, Chairman of GP Bullhound. The Cleantech Connect 2009 ceremony took place on November 18th, 2009 at the exclusive D&D London restaurant.  In recent years, ClimateWell® showed the fastest growth rate among European cleantech companies, especially in the field of solar air-conditioning, also known as Solar Cooling®. The company’s technology stores solar energy in a battery using salt, which can then be used to generate either cooling or heating. Future applications of the technology were evaluated for truck cooling, ship cooling and boiler boosters.

About ClimateWell®

ClimateWell® sells Solar Cooling® solutions. Its technology stores energy from a solar panel in a battery using salt, which can then be used to generate either cooling or heating. The company is progressing rapidly and is already serving customers in Spain, Italy, Germany, France, Belgium, Dubai, India and Australia. Per Olofsson, Group CEO, was conferred the grade of Commander of the Order of Civil Merit by His Majesty King Juan Carlos I of Spain in 2009. Back in 2007, he was also nominated for the "European of the Year" and "Business Leader of the Year" award by The Economist in its European Voice publication. Goran Bolin, the company chief technical officer, also won the "Technology Pioneer 2007" title at the World Economic Forum in Davos, Switzerland for his triple state absorption process which ClimateWell® is currently commercializing.