Press Release

Nexant Recognized as Top Cleantech Innovator


This news item was posted on Nov 03, 2011

Company’s Pioneering Energy Efficiency Role Cited by 2011 Global Cleantech 100

San Francisco---November 3, 2011---Nexant, Inc. (www.nexant.com), a global provider of smart grid and clean energy solutions, announced today that it has been named as one of the world’s top cleantech companies by Cleantech Group, sponsor of the annual Global Cleantech 100 competition.

 

“We are delighted to be one of the Global Cleantech 100 companies, which recognizes our contributions to pioneering and advancing smart grid and clean energy solutions as well as our role in helping to set the industry benchmark for the innovative design, implementation, and evaluation of some of North America’s largest commercial, industrial, and residential energy efficiency programs,” said Basem Sarandah, Nexant CEO.

 

“Our roots in the energy efficiency industry go deep.  Nexant experts have been providing clean energy technology services to utilities, Fortune 500 companies, and governments since 2000,” Sarandah continued.  “In addition, we continue to innovate to meet the evolving needs of our customers.  For example, our new iEnergyTM platform—incorporating industry-leading solutions such as TrakSmart®, DR360TM, and TradeAllyTM—facilitates comprehensive management of the entire portfolio of utility energy efficiency and demand response programs.”  

 

“Nexant also pioneered transmission and distribution software for grid and market operations,” Sarandah said.  “Our Grid360TM platform takes our extensive suite of Nexant grid management solutions to a new level—significantly improving the physical and financial operational efficiency of the power grid.”

 

Along with Nexant, the 2011 Global Cleantech 100 list includes 99 other leading private clean technology firms selected from a worldwide pool of more than 6,000 candidates.  A panel of 70 experts drawn from investors and industrial organizations in Asia, Europe, and North America screened the nominees to find only those companies that are most likely to make the most significant impact on the cleantech market over the next five to ten years.

 

The Global Cleantech 100 and panel member lists are available on both the Cleantech Group website at http://www.cleantech.com/global-cleantech-100 and on The Guardian website at http://www.guardian.co.uk/sustainable-business/global-clean-technology-100-green-tech.  

About Nexant
Nexant offers a comprehensive suite of best-in-class energy enterprise software designed to transform utility business processes and implement smart grid and energy conservation initiatives. Over the last decade, it has been developing and commercializing technology solutions—such as iEnergy™, GRID360™, iHEDGE®, and RevenueManagerT®—enabling utilities, power producers, and retailers to operate and deploy new technologies and applications in the emerging grid. Operating from 32 offices in the U.S., Europe, the Middle East, Asia, and Africa, the company's team of industry professionals has completed more than 3,000 client assignments in over 100 countries, and its software operates in over 120 control centers at utilities worldwide. Its clients include major utilities, transmission and distribution system operators, chemical and petroleum majors, financial institutions, government agencies and Fortune 500 companies. For additional information, please visit www.nexant.com.

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For additional information please contact:

Bob Burdett
Corporate Communications Manager
Nexant, Inc.
+1 415 369 1114
bburdett@nexant.com


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