Cambridge Clean Energy Ltd



10 Top Green Energy Companies in the UK 2021


The high-growth cleantech and green energy sector is a diverse ecosystem ofstartups and scaleups working to protect our planet. From electric vehicles(EV) and renewable power to insect-based protein for your pets, the UK is hometo a whole host of exciting companies developing innovative cleantechnologies.In our latest equity market update, we stressed the need for purpose-drivenbusinesses like these during COVID-19. Whilst the pandemic did temporarilyreduce fossil fuel consumption and CO2 emissions, we’ve already seen theseaggressively bounce back to, and now surpass, pre-lockdown levels. In fact,data from the International Energy Agency shows that global carbon emissionswere 2% higher in December than in the same month in 2019.The need for green technology is clear and, thankfully, we’re not the onlyones who think so. The recent launch of the Circular Electronics Partnership(CEP) saw Microsoft, Dell and Google join forces to reduce our carbonfootprint by helping to create a circular economy for electronics by 2030.Meanwhile, just last week, Uber Green (the company’s EV-only ride service)launched in London, shortly after Heineken announced that it’s been turningsurplus beer into green energy during the pandemic.But it’s not just big firms getting involved in the green revolution,investors too are putting their weight behind the movement, with increasingnumbers of Silicon Valley VCs racing to back clean energy ventures, in what’sbeing called ‘cleantech 2.0’. And similar trends are being seen outside of SanFrancisco. During the past year, dozens of cleantech startups have listed inthe US, many via SPACs, including London-based EV startup Arrival which wasrecently acquired by CIIC Merger Corp and is now listed on the Nasdaq.So which of the UK’s sustainability startups should you be looking out fornext? In this article, we explore investment trends in the cleantech sector,and the UK green energy companies that raised the most funding in 2020.Cleantech Open Northeast Welcomes 47 Startups Boston, MA — June 19, 2020 — Cleantech Open Northeast, U.S. Northeastregion’s oldest and largest cleantech accelerator program, today announced its2020 class of 47 startups developing clean technology solutions related toenergy distribution and storage, energy efficiency, chemicals and advancedmaterials, agriculture, energy generation, waste, information andcommunications technology, water, and transportation. Selected from a pool of75 applicants, this year’s cohort is the largest in the history of CleantechOpen Northeast. A full list of participating companies is available here. Dueto the ongoing coronavirus pandemic, the entire 2020 accelerator will takeplace virtually.“With so much uncertainty due to the coronavirus pandemic and the economicdownturn, this year is a difficult one for all cleantech ventures. It gives mehope that so many entrepreneurs have entrusted us to work with them toaccelerate their businesses,” said Cleantech Open Northeast Director BethZonis. “Even in an online setting, we feel a sense of community and purpose.”Alicia Barton, President and CEO, New York State Energy Research andDevelopment Authority (NYSERDA) said, “Cleantech innovators and entrepreneursplay a key role in advancing new technologies needed to help New York Statereduce harmful emissions through clean energy solutions. As we accelerateprogress toward a carbon neutral economy under Governor Cuomo’s post Covid-19recovery efforts, innovation will drive market creation, boosting economyrecovery and job creation efforts for statewide benefits.”New York State’s ambitious climate and clean energy agenda was formalizedunder the Climate Leadership and Community Protection Act, which sets thestate on a path to economy-wide carbon neutrality by mandating an 85 percentreduction in greenhouse gas emissions by 2050 and 100 percent clean electricgrid by 2040.“Cleantech Open Northeast is a key contributor to the vibrant clean energyinnovation economy in Massachusetts,” said Massachusetts Clean Energy CenterCEO Stephen Pike. Once again, this year’s CTONE cohort includes a largecontingent of strong Massachusetts entrepreneurs who are determined to tackleclimate change, build an economy fueled by clean energy, and improve publicand environmental health.”All cleantech categories are represented: nine in energy distribution andstorage, seven in energy efficiency, seven in chemicals and advancedmaterials, seven in agriculture, six in energy generation, four in waste, fourin information and communications technology, two in water, and one intransportation. Combining categories, there are 18 energy startups; thisrepresents the largest group overall. There are 13 startups altogether in thecategory of agriculture, water and waste.Of the 47 participating companies, 15 are from Massachusetts, 12 from NewYork, six from New Jersey, six from Canada, three from Pennsylvania, two fromMaine, two from Vermont, and one from Rhode Island. Five of these startups arepart of the Company Development Program , which provides mentorship andcurriculum to help earlier-stage companies prepare for participation in futureaccelerator programs.This year, startups from several states and Canada are receiving financialsupport to cover participation fees. Maine E2Tech and the Maine TechnologyInstitute are providing full support for all Maine companies. Similarly,Slater Technology Fund will fully reimburse the participating Rhode Islandteam upon completion of the program. And the State of New Jersey willreimburse up to 50% of program costs for all startups from the state. Finally,the Canadian Consulate in New York is covering the participation fees in fullfor all companies from Canada.In addition, Cleantech Open Northeast received a grant from the WellsFargo/NREL IN2 program to reimburse graduates for at least 50% of theirparticipation fees at the end of the accelerator. This will be distributedequally to teams that do nott receive funding from their state or country.This strong financial support for startups helped lead to an increase inaccepted teams electing to participate in the accelerator (89% in 2020compared to 69% in 2019)..Cleantech Open Northeast works in conjunction with partner accelerators,incubators and prize competitions across the region. This year’s cohortincludes teams who have previously participated in programs in New York,Massachusetts, Canada, New Jersey, Pennsylvania, and many that are outside ofthe Northeast. Examples in New York include: Columbia Technology Ventures,FutureWorks, Launch NY ECO Incubator, NewLab, PowerBridge NY, Rev: IthacaStartup Works, The Tech Garden, Urban Future Lab. Examples in Massachusettsinclude: MassChallenge, MIT $100k, MIT Clean Energy Prize, MIT EnterpriseForum, MIT Sandbox, MIT Water Innovation Prize, Tufts University $100K NewVentures Competition. Additional programs in Canada and elsewhere are:Canadian Technology Accelerator, Ecofuel accelerator, MaRS, NSF I-Corps,Project Olympus Incubator Program, and Rice Business Plan Competition.Many of the startups are spinning out or have spun out of universities. Theseinclude: Boston University, Carnegie Mellon University, Columbia University,Cornell University, Massachusetts Institute of Technology, New YorkUniversity, Northeastern University, Princeton University, Stevens Institute,Tufts University, University of Buffalo, University of Maine, University ofMassachusetts Amherst, University of Pittsburgh, and the University ofToronto.Cleantech Open strives for diversity and inclusion among startups, as well asstaff and volunteers. The 2020 cohort includes 21 teams led by people ofcolor, 17 led by women, and 10 led by students. About NECECNECEC (Northeast Clean Energy Council & NECEC Institute) is the premier voiceof businesses building a world-class clean energy hub in the Northeast,helping clean energy companies start, scale and succeed with our uniquebusiness, innovation, and policy leadership. NECEC is the Northeast regionalaffiliate for Cleantech Open, executing the Northeast accelerator and businessplan competition and building the region’s innovation network with NECEC’ssuccessor program for cleantech entrepreneurs, Navigate. Learn more atwww.necec.org.Top CleanTech Companies and Startups in the UKThis article showcases some of the most popular players in the CleanTechspace. Our analysts selected these companies for a variety of reasons. Thislist may include both state and private ventures providing the most valuewithin the CleanTech industry.Data sourced from Crunchbase and SEMRush.

Lightfoot is a fresh, vibrant, and highly innovative cleantech engineering


company.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

Star Domestic Cleaners


Star Domestic Cleaners is a small cleantech contractor located in London.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

The World Refining Association


The World Refining Association facilitates knowledge sharing & nurturing ofbusiness partnerships within the oil and gas sector.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

Cambridge Clean Energy Ltd.


Revolutionizing the way energy is delivered to emerging markets. Clean-Techfirm focused on innovation and distributed energy as a serviceCrunchbase | Website | Twitter | Facebook | Linkedin* * *

Firefly Clean Energy


Silent Hybrid Power Generators for Construction, Events, Broadcast, Festivals,Aid, Commercial & Domestic.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

Vesta Smart Packaging


Vesta Smart Packaging provides environment-friendly packaging services.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

Lightfoot is a fresh, vibrant, and highly innovative cleantech engineering


company.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

Star Domestic Cleaners


Star Domestic Cleaners is a small cleantech contractor located in London.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

The World Refining Association


The World Refining Association facilitates knowledge sharing & nurturing ofbusiness partnerships within the oil and gas sector.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

Cambridge Clean Energy Ltd.


Revolutionizing the way energy is delivered to emerging markets. Clean-Techfirm focused on innovation and distributed energy as a serviceCrunchbase | Website | Twitter | Facebook | Linkedin* * *

Firefly Clean Energy


Silent Hybrid Power Generators for Construction, Events, Broadcast, Festivals,Aid, Commercial & Domestic.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

Vesta Smart Packaging


Vesta Smart Packaging provides environment-friendly packaging services.Crunchbase | Website | Twitter | Facebook | Linkedin* * *

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