Evenastheworldpreparestoobservethe
goldenjubileeyearofthehistoricUN ConferenceontheHumanEnvironmentin Stockholmjustafewmonthsdowntheline,we grapplewithsevereenvironmentalissues.
The1972conferencefirmlyplacedtheenvironment ontheprioritylistofgovernments,civilsociety, businesses,andpolicymakers.Yet,notmuchhadbeen doneapartfromfleetingreflectionsofglobal environmentalaction.
Themonumentalriseinthecarbonfootprinthasbeen amatterofgraveconcernforgloballeadersforhalfa century.Globalsummitsandconventionsdidlittleto translatediscussionsintoactions.Environmentalists havebeenloudandclearabouttherepercussionsof pollution.Yet,itwasnotuntiladecadeagothat seriousnesscreptintogovernmentsandgloballeaders. Privateplayerstoosteppedintoassistthe stakeholdersincombatingtheglobalenvironmental challenge.
Theprivateplayersareusingcutting-edgetechnology toitsfullestpotentialtomeet,reduce,oreliminatethe environmentalchallengesoftheglobe.
Greenhousegasemissionsfromtheuseoffossilfuels topthelistofenvironmentalconcerns.Global warming,risingsealevels,frequentwildfires, hurricanes,andthelikeareseriousthreatstothe environmentandhumankind.Humanactivities,toxic wastedumpinghavealwaysadverselyaffectedthe environment.
Theneedofthehourisenvironmentalsustainability. Whileweworryaboutcombatingthesethreats, greentechcompaniesarealreadyfocusingon sustainability Thesecompanieshaveshownusthe much-neededrayofhopeusingcutting-edge technologieslikecloudandartificialintelligence(AI) tomeasure,report,andreducecarbonfootprint.Fast depletingnaturalresourcesasaresultofrapid urbanizationandgrowingpopulation,theworldis switchingquicklytorenewableenergy. Peoplehave
nowrealizedthebenefitsofrenewableenergylike solar,wind,andhydropower.
Thejourneytowardsagreenertomorrowhasjust begun,andwehavemilestogo.Thebrightersideis thatgreentechcompanieshavegivenushopewith theirexceptionalsolutions.
Wefocusedonafewsuchgreentechcompaniesthat haveshownthewayformanytofollowwithavision tohaveagreenerplanetinourlatestedition,Top10 SustainableGreentechCompaniestoWatch.
Readabouttheirinterestingjourneyandwhatmakes themstandapartfromtherestinthegreentechspace.
-SumitaSarkar
Editor-in-Chief Sumita Sarkar
Managing Editor
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December, 2021
1 Sustainable Green Tech Companies to Watch CompanyName
ecoligo ecoligo.com
Ecoware ecoware.co.nz
Ecoworks ecoworks.tech
HeyCharge heycharge.com
Pavegen pavegen.com
Simmitri simmitri.com
Single.Earth single.earth
SouthJerseyIndustries sjindustries.com
Svante svanteinc.com
TeknTrash tekntrash.com
Featuring
MartinBaart CEO
JamesCalver, Co-founderand AlexMagaraggia, Co-founder
EmanuelHeisenberg Co-founderandCEO
RobertLasowski Co-founderandCBDO
LaurenceKemball-Cook FounderandCEO
JonathanGarcia CEO
MeritValdsalu CEOandCo-founder
MichaelJ.Renna PresidentandCEO
ClaudeLetourneau PresidentandCEO
AlCosta FounderandCEO
Brief ecoligoisheretosavetheplanetbyleadingthecleanenergy revolutioninemergingmarketswithsolarenergysolutionsfor Commercial&Industrial(C&I)businesses.
Ecowareisonamissiontochangethewaytheworldviews packagingbyremovingvirginplasticsfromsupplychainsand reducingwastetolandfill.
ecoworksdigitizesandindustrializesenergyupgradesforthe housingandconstructionindustries,makingitpossibletomake thebuildingstockclimate-neutralinatimelyandappealing manner
HeyCharge'smissionistomakeelectricvehiclecharging ubiquitousandaffordable,startingwithretrofittingapartment buildingsacrossEurope.
Pavegenisthegloballeaderinharvestingenergyandanalytics fromfootfall.Pavegen'smissionistomakeitstechnology availabletoallcommunities,empoweringpeopleforabetter world.
Simmitriisacustomer-centricSiliconValleycompanywithan approachtoenergymanagementthatisuniquetotheentire industry.
Single.Earthisadeeptechstartupdisruptingcorporateclimate actiontohelpbusinessesandorganizationsmakearealimpact ontheclimateandnaturebymakingclimateactionapartofthe businessprocesses.
SouthJerseyIndustries(NYSE:SJI),isanenergyservices holdingcompanybasedinFolsom,NJ,withmorethan1,100 employees.
Svanteisapure-playcarboncaptureandremovalcompany Svanteofferscompaniesinhard-to-abateindustriessuchas cement,hydrogen,andpulpandpaperacommerciallyviable waytocaptureCO2andenableanet-zeroemissionfuture.
TeknTrashobtainsdatafromtrash.Thisallowscompanies knowtheirconsumersbetterandrewardsproperrecycling.
Cover Story Svante Accelerating the Global Transition to Carbon Neutrality with Carbon Management About the Leader Claude Letourneau is a chemical engineering and industrial projects veteran who brings Svante a wealth of experience in managing innovation and executing major world-class projects ranging from the lab to huge industrial facilities. E ort, enthusiasm, and excitement - the 3Es of visionary thinkers – characterize his leadership approach
Mr. Letourneau, who is at ease bringing about change, has been steering the company since 2017 to be a global leader in developing a CO Marketplace, leveraging his 30 years of 2 experience in advanced technology development and commercialization
Claude formerly worked for a large engineering and construction firm in senior management positions. Vaperma, Inc. (membrane-based gas separation) and Avestor, Inc (first thin-film solid lithium polymer batteries) are two of his technology firms
These previous experiences have given this world-class CEO the essential knowledge to form new strategic alliances and partnerships with like-minded industry leaders, as well as to drive the company's scaling up of the business with an ambitious time-to-market game plan
Claude Letourneau President & CEO
Theindustrialrevolutions acceleratedhumanprogress andcausedapivotalshiftfrom medievallifetomodernlife.Thisshift ledtotheexpansionoftheindustrial sector,frombeingonlyasynonymof textilespacetoacquiringevery segmentthatisrelatedtohumanliving. However,ontheflipside,this revolutionresultedinexcessemission ofhazardouspollutantsanddisposable ofproductsthatweredesignedtomake livessimpler.Intheearly1970s,the worldstartedtoembraceamore environmentallyfriendlymindset.
Lookingatthisglobalissue,theUN ScientificConference,alsoknownas theFirstEarthSummit,washeldin Stockholm,Swedenin1972,and adoptedadeclarationoutlining principlesforthepreservationand enhancementofthehuman environment,aswellasanactionplan outliningrecommendationsfor internationalenvironmentalaction.
Forthefirsttime,thedeclarationraised theissueofclimatechangeinasection ontheidentificationandcontrolof pollutantsofbroadinternational significance,warningindustriestobe awareofactivitiesthatcouldleadto climatechange.
However,itwasn'teasyforindustries tofollowtheemissionnormsand achieveanet-zerotarget.Hencetohelp them,SvanteInc.–thecompany workingforCarboncaptureand removal,starteditsendeavor.
NamedafterNobelLaureateSvante Arrhenius,oneofthefirstscientists backin1896toidentifythe atmosphericcarbon-climatechange connection,Svanteisthefirstnamein commerciallyviable,economically scalable,second-generationcarbon capturetechnologyusingsolid sorbents.
InaninterviewwithInsightsSuccess, ClaudeLetourneau,thePresident& CEOofSvanteInc,shedslightonthe journeyofhiscompany,itsproductsto preventCO fromgoingintoour 2 atmosphereorremovingCO fromthe 2 air,andtheimportanceofcarbon management.Belowarethehighlights oftheinterview:
Pleasebriefouraudienceabout SvanteInc.,itsUSPs,andhowitis currentlypositionedasatrusted carboncaptureandremoval solutionsprovider.
Svanteisapure-playcarboncapture andremovalcompany.Weoffer companiesinhard-to-abateindustries suchascement,hydrogen,chemicals, andpulp&paperacommercially viablewaytocaptureCO andenablea 2 net-zeroemissionfuture.
YoucannotseeorsmellCO,soittook 2 societymoretimetorealizetheimpact ofCO ontheclimate.Ourbusiness 2 modelistobuildascalablesupply chainforactivecapturematerialsto supportcarboncaptureandremoval solutionsattheGigatonscale.
ShedsomelightonSvante'sofferings andhowtheyimpacttheindustry anditsclients?
Inalmostanydecarbonizationandnetzeropathway,therewillbeamassive needtoinvestinCarbonCapture UtilizationandStorage(CCUS)and CarbonDioxideRemoval(CDR).Itis animportantweaponintheclimate solutionarsenalalongsiderenewables, electrificationofourtransportsystem andashifttohydrogenasacarbonfreeenergysource.Intheracetostop climatechange,wearerunningoutof time.Itisaproblemofscaleand speed.Weneedtoscaleexistingand newtechnologyfastandinpartnership ofalltheseclimatesolutions.
Consensushasbuiltthatabout10,000 captureplantswillbeneededby2050. Achievingeven20%ofthisoverthe nexttwodecadesmeansthatweneed tocommissiontwoworld-scaleCO2 captureplantsperweekforthenext20 years. Thiswillrequirecapital investmentofabout $2trillionin infrastructuretocaptureandsafely storecarbondioxide.
Cementandhydrogenproductionare twoessentialindustries,buttheyemit morethan2.5 GigatonsofCO per 2 year. Thesearecalledhard-to-abate industries. Svantetechnologycan makegreencementandbluehydrogen. Bluehydrogenmadefromnaturalgas isthelowestcostsolutiontomake
We will create world-changing solutions that address climate change and accelerate the global transition to carbon neutrality, reversing human impact on the climate. hydrogen,whichisacriticalpathto decarbonizeavarietyofsectors, includingtransportationandother industriesaroundtheworldthatrequire heatfortheirmainprocesses.
Thechallengeisaboutcreatinga commercialframeworkwherepolicies, finance,andindustryplayersare aligned.Thebusinesscaseisfor societytohaveavoluntarypriceon carboncreatedbythe‘’Carrot–Stick’’ dynamic–incentivesandpenalties. It isaboutdevelopinga‘’CO2 Marketplace’’wherethereissupply anddemandforCO withconvergence 2 forthesocialpriceoncarbonat120to 150$US/tonCO andhowkeyplayers 2 commerciallyinteract.
Public–Privateandstrategic partnershipswillbeessentialto scale-upexistingandnewtechnologies fastwithlike-mindedpartners.
Large-scalecapitalinvestmentsinCCS willrequirelong-termvisibilityon carbonprices,transferabilityofcarbon
Scale and Speed -
Our growth strategy is to be shovel-ready for the construction of several commercial-size carbon capture plants by the end of 2023. creditsanddurabilityofgovernment policies. Securingapprovalsfor undergroundstoragewillalsobe critical.
Beinganexperiencedleader,share youropiniononhowtheadoptionof moderntechnologieshasimpacted thecleantechspaceandwhatmore couldbeexpectedinthefuture?
Atthetopofthelistofconcernsisthat ofgreenhousegasemissionsfrom fossilenergyuse.Societyisfacinga
globalcarbon-relatedclimatecrisis. WeareemittingmoreCO andother 2 GHGsthantheearth'sforests,oceans, andothernaturalsystemscanabsorb. Theconsequencesareincreasingly evident,well-documented,anddire. Weneedtodevelopengineered solutionstosupportmothernature.
Conversationsonclimatechange continuetobeatthecenterstageofthe energytransitiondebate,butitpersists inbeingframedinthe‘either/or’ context;onethatfalselypitsthefuture
offossilenergyagainsttheshiftto renewableoptionsdespitethefactthat carbonisthebackboneofourworld economy.
Weseethisasparticularlytroubling becauseitdoesn'ttakeintoaccountthe synergyandthebrainpowerof research,development,innovation,and technologyintheadoptionofmodern, cleantechnologies–inadditiontoalot ofcourageandpatience–thatcan cometogetherandultimatelymakea bigdifference.Svantehasbenefited fromthedevelopmentandadoptionof nanomaterialsscienceandthin-film lithiumbatteryandsolarcellprocess technologiestodevelopandrapidly scaleupitsstructuredadsorbentfilter technology.
Missingfromthedialogueisthefact thattheworldwillneedallsourcesof primaryenergy–renewableandnonrenewable–inordertomeetfuture demandstobuildourgrowing infrastructureworldwide.Also,we
needtheenergyproviderstoenergize theCCUSandCDRplantsusing primarilyrenewableselectricity (hydro-geothermalandsolar)and steam.
Cleantechnologyisapartofclimate changesolutions.Publicpolicythat encouragesresponsiblebehaviorina moreeconomicallyviablewaymust alsobeputforward.Smartclimate policycandrivecleaninnovationand createneweconomicopportunities.
Takethesituationofwindandsolar energy,forexample. Germanywaspreviouslythehottest market,thankstoitsrenewableenergy feed-intariffrules.
Chinadominatedatthetime,thanksto massivegovernmentinvestmentsin renewableenergy
Asaresultoftheincreaseddemand fromthetwocountries,moresupply wascreated,loweringthecostof
Public policy that encourages responsible behavior in a more economically viable way must also be put forward generatingrenewableenergyina relativelyshortamountoftime. Solarandwindpowergenerationare nowcost-competitivewithfossilfuel powergeneration.
Expandingrenewableproduction domesticallyalsoappearstohave supportednewopportunities internationally.Today,sixofthetop-10 globalwindturbinemanufacturersare GermanorChinese.Morethan70%of solarpanelmanufacturersareChinese. ThemanufactureofSvante'snanofiltersrepresentsauniquegrowth opportunityforjobcreationinNorth America.Withoutpoliciesandsupport, themanufacturingjobwillgotoAsia.
Whatwouldbeyouradviceto buddingentrepreneurswhoaspireto ventureintothecleantechmarket?
Therearetwopathwaystoacleantech market:software-basedservicesand hardware-basedproducts.Product developmentandcommercialization areaverycapital-intensiveandlong
In almost any decarbonization and net-zero pathway, there will be a massive need to invest in Carbon Capture Utilization and Storage (CCUS) and Carbon Dioxide Removal (CDR).
processtocommercialpathway acceptanceasanindustry game-changer.Youwillspend1$in research,10$onthedemonstration, and100$incommercializationovera periodofabout7-10yearsbefore generatingrevenues.Alignyour venturefinancingroundwithclear valuecreationmilestones.
Fieldvalidationatasmallcommercial scaleshouldbedoneinabeachhead marketinpartnershipwithanearly
adoptercustomer.Youwillthenhave tobuildmarketconfidencewith multipleinstallations.
Remember–companiescompeteona businessmodel,andtheykeeptrackof salesofproductsandservicestokeep scoreofhowsuccessfulthebusiness modelis.
Howdoyouenvisionscaling Svante'soperationsandofferingsin 2022andbeyond?
SvanterecentlyclosedaSeriesD financingroundledbyTemasekof100 M$USplus25M$Canfromthe CanadianGovernmenttosetupthe firstcommercialplantinCanadato makeourproprietarynano-filters,thus makingthisthelargestprivate investmentinthespaceofcarbon capturetechnologydevelopments.
Ourgrowthstrategyistobe shovel-readyfortheconstructionof severalcommercial-sizecarbon captureplantsbytheendof2023.We havethreepartnershipplatformsto scaleourbusinessmodel:strategic supplychainplatform,channelto marketplatform,andstrategicaccount managementwithearlyadopters. Thesepartnershipswillallowusto focusourdevelopmentefforton buildingascalablesupplychainfor activecapturematerials.
InVancouver,Canada,Svanteis currentlyexpandingitscommercial filtermanufacturingfacilities.Bythe endof2023,thenewfactorywillbe abletoproducefiltermodulescapable ofremovingthreemilliontonsof carbondioxideperyear,orthe equivalentofthreeone
million-ton-per-yearworld-scale carboncaptureplants.
Remember:everyweek,theworld mustcommissiontwoworld-class carboncapturefacilitiesforthenext20 years.
Exhibiting Excellenc Chevron quote from a press release dated February 6, 2020
Chevron has been an active supporter of developing carbon capture, utilization, and storage technologies. One example of this is Chevron's first investment in Svante back in 2014. "At Chevron, we believe our industry is well-positioned to help commercialize carbon capture, utilization and storage technologies that will be essential for the energy transition," said Barbara Burger, President of Chevron Technology Ventures. "We have leveraged venture capital and trial capabilities, our experience, and our operations to support the development of low carbon solutions."
"Demonstrating this technology in the field is an important step in advancing a technology towards commercialization and scale," Burger said. "Commissioning this study reflects our commitment to advance breakthrough innovation that will be important in a low carbon economy and help Chevron deliver on our mission to produce and provide a ordable, reliable and ever-cleaner energy."
Cenovus quote from press release in Aug 2021
"It has been such a journey," says Curtis Cymbaluk, Manager of Cenovus's Surface & GHG Reduction Technology team. "When we first partnered with Svante, they had a small model the size of a five-gallon pail. Our collaboration has resulted in the construction of a successful demonstration unit that could possibly play a big role in our future emissions reductions."
"This technology has potential for commercial application, and we're currently working with Svante on several feasibility studies to incorporate their technology into our existing facilities, which could help us further reduce GHG emissions."
Holcim quote from the press release on January 6, 2020
"Being at the forefront of the low-carbon transition requires continuous innovation and partnerships," Holcim CEO Jan Jenisch said. "Holcim has significantly invested in the development of low-carbon solutions. Collaborating with Svante, Oxy Low Carbon Ventures, and Total Energies, we expect to realize a successful US carbon-capture project in the near future."
Climeworks quote from the press release on January 27, 2020
“We strive to deliver the world's most robust and scalable Direct Air Capture solutions," said Christoph Gebald, the Climeworks co-founder. "By combining our cutting-edge DAC solution with Svante's filter technology, we create a potentially game-changing DAC solution."
Martin Baart CEO
We,asasociety,livewiththe hauntingawarenessofour climatecrisiseveryday Whentheworldleaderscommittoa ‘net-zeroby2050’,itevidently translatesforindustriestostarttaking stepsintherightdirectiontoachieve thatgoal.
Theonlypossiblewaytoattainthenetzeroby2050objectiveistoswitchto cleanenergyoptionsalmost immediatelyforcompletelycurbing harmfulindustrialcarbonemissions. Althoughcompaniesarewillingto makethisenergyswitch,thehighcost ofinstallingcleanenergysystems makescompanieshesitantindoingso.
Toempowerorganizationsfordoing therightthinginanattempttosavethe planet,ecoligocameintoexistence. Co-foundedintheyear2016by MartinBaart,theCEOofecoligo, thecompanyisleadingtheclean energyrevolutionbyprovidingcostefficientsolarenergysolutionstoits clients.
Inthefollowinginterview,Martin elaboratesonthevision,mission,and valuesofthecompanythatmakeita prominentnameinthearena.
Pleasebriefouraudienceabout ecoligo,itsvalues,andhowitis positionedasaleadingplayerinthe greentechsector.
ecoligoisheretosavetheplanetby leadingthecleanenergyrevolutionin emergingmarketswithsolarenergy solutionsforCommercial&Industrial (C&I)businesses.Ourfullyfinanced solar-as-a-servicesolutionsdonotonly allowourclientstoprofitfrom significantcostsavingsbutenable themtogrowsustainably.
Byprovidingthesebusinessesinthe world'sfastest-growingeconomies withsolarenergy,ecoligostops harmfulCO emissionsfromever 2 beingreleasedinnationsthatwillbe decisiveineffortstosavetheplanetas weknowit.Allthisismadepossible byGermancrowdinvestorsfinancing thecleanenergysolutionsand participatinginthefightagainst climatechangewhileprofitingfrom financialreturns.
Withthisinnovativebusinessmodel thatconnectsbusinessesinemerging
marketsinneedofaffordableenergy withimpact-drivencrowdinvestors,we takeglobalclimateactionthatspans acrosstheplanetandtacklesthe climatecrisisatitssource:energy generation.
Bynow,wehavesignedcontractsfor 123projectswith97clientsineight countries,forwhichwewillinstallor alreadyhaveinstalledsolarsystems withacapacityofmorethan53MW Thankstothesesystems,ourclients willbeabletosavemorethan209 million€inelectricitycostsand 860,700tonnesofCOemissionsover thelifetimeofthesesystems.
Whatrangeofservicesdoesyour companyoffer,andhowarethese makinganimpactontheindustry whilemaintainingsustainability?
Emergingmarketsandtheireconomies aregrowingrapidly.Thisgrowth
meansthatbusinessesinthesemarkets haveincreasedenergydemandsthat havehistoricallybeenmetbythe burningoffossilfuels.Theirelectricity costsarealsoskyrocketing.While manycompaniesacknowledgethe benefitssolarenergywouldprovidefor them,theyoftenstruggletoswitchto thismoreaffordableandmuchmore sustainableenergysource.Thisis whereecoligocomesin.
Weprovidethesebusinesseswith solar-as-a-servicesolutionsthatare fullyfinancedbycrowdinvestorsand thusdonotincuranyupfrontcosts.In collaborationwithqualifiedlocal partners,wetakecareofeverything fromstarttofinish,fromthedesignof thesolarsystemtoitsinstallationand maintenance.
Thebusinessesonlypayforthe electricitygeneratedbythesolar systemsandcanimmediatelystartto benefitfromthesystemsassoonas theygolive.Asdoestheplanet,thanks toimmediateCO savingsandthusless 2 greenhousegasintheatmosphere.
Whatmeasuresdoyouemployto ensurepositiveenvironmental impact?
Everyactionwetakeandevery contractwesignonlyhasonegoal:To savetheplanetbyleadingtheclean energytransitioninemergingmarkets andbythussignificantlyreducingthe environmentalimpactofthesesoaring economies.Wecalculateandtrackthe CO savingsgeneratedbyoursolar 2 projectsovertheirlifetimeandarevery proudofthefactthat,asofnow,allour signedsolarprojectswilljointlysave morethan600,000tonnesofCO over 2 theirlifetime.
Inordertonotonlyhaveapositive environmentalimpactontheplanetby whatwedobutalsohowwedoit,we haveonlyrecentlyoffsetour company'scarbonfootprint.
Beinganexperiencedleader,share withusyouropiniononhowthe adaptationofmoderntechnologies hastransformedbusinessesand whatmorecouldbeexpectedinthe nearfutureforthegreentechspace?
Whentalkingaboutthegreentech space,moderntechnologiesareusually associatedwiththeactualtechnology: moreefficientsolarpanels,alower costinverter,acloud-basedmonitoring system.However,moderntechnologies
havethepowertochangeentire companiesandtheirwayofdoing business.Technologyoftenbecomes thecoreofthecompanyandallowsfor theadoptionofnewbusinessmodels thatpreviouslywouldhavebeen unimaginable.
Forecoligo,thisdigitaladvancement enablesustouseandchannelthe (financial)powerofthousandsof investorsintohundredsofprojectsand back–allfullyautomatedand digitalised.Ibelievethatmanymore companieswillbeabletounlock unforeseenbusinessmodelsthatwill changetheworldthankstomodern technologies.
Takingintoconsiderationthe currentpandemicanditsimpacton globaleconomies,howareyou drivingyourcompanytosustain operationsandensurethesafetyof youremployeesatthesametime?
Incontrasttomanyotherbusinesses, theimpactoftheglobalCOVID-19 pandemiconecoligohasbeen relativelylight.Withofficesand employeesallovertheworld,wehad alreadybeenquiteexperiencedwith workingremotelywhenthepandemic hit.
Asadigitallydrivenbusiness,wehad beenabletocontinuewithalmostall ouroperationsasusual.Atthesame time,workingwithourqualifiedlocal EPCpartnersthatoverseeinstalling andmaintainingoursolarsystem,we havealwaysmadesuretoadhereto localregulationsandpausethe constructionofsolarsystemsif necessary
Wearecarefullymonitoringthesafety measuresataplaceontheconstruction sitesofoursolarsystemsandarein constantcontactwithourpartnersin ordertoreacttoanynewsafety measures.
Whatwouldbeyouradviceto buddingentrepreneurswhoaspireto ventureintothegreentechspace?
Doitnow!Therehasneverbeena bettertimetojointheindustry.Climate changeisrealandcannolongerbe denied.Becauseofthetopicbeing moreurgentthaneverbefore,funding frominvestorsischannelledmassively intotheindustry,ensuringeasieraccess tofundingthaneverbefore.
So,inadditiontoknowingthatwitha ventureinthegreentechspace,youare workingtowardsabetterfutureforall ofus,thechancesofbeingsuccessful arequitehigh,too.
Howdoyouenvisionscalingyour company’soperationsandofferings in2021andfurther?
Exhibiting Excellence Ÿ “ecoligo’s transforma ve approach shows us how inves ng in renewables can generate a return while contribu ng to the non-nego able fight against climate change.” – Elena Bou, Innova on Director EIT InnoEnergy
Ÿ “I wanted to get solar energy, but the investment was too high, and I didn’t know if there was enough sunlight. ecoligo helped me to get informed and covered the investment.” – Thuyen Bui Duc, Nam Dinh Forest (Client)
Ÿ
“ecoligo made it so easy! They really take care of everything, and I was using solar energy even faster than I expected. By managing everything, they take away the risk and give you peace of mind.”
– Anthony Botchway, Bomarts Farms (Client)
Goinginto2022,weareaimingat growingourbusinessevenfasterthan everbefore.Weareconstantly scanningnewmarketsforbusiness opportunitiesandarealreadyinfirst contactwithclientsinRwanda,South Africa,andGuatemalatojoinour portfolioofC&Iclients.
Asoftoday,ourprojectpipeline includes1,191projectswithacapacity of650MW.Butthatisjustthetipof theiceberg.Accordingtothe internationalenergyagency(IEA),the energymarketforC&Iinemerging marketsisvaluedat2.5trillion€ annually,withaforecastedtriplingof thisvaluationuntil2030.Thisisan enormousuntappedpotentialthatwe areeagertoexplore.
Therecanneverbeenoughsolar
systems,neverenoughcleanenergy solutionsthatencouragesustainable growthinemergingmarkets.While growingourprojectportfolio,wealso aimatgrowingourstaffsignificantlyin theupcomingyear(s).
Wedonotonlywishtogrowtheteam inourheadquarterinBerlin,butwe wanttogrowourregionalofficesin CostaRica,Ghana,Kenya,Chile,and Vietnamandopenadditionalofficesin newpotentialmarkets.Sinceweare fullydigitalinourworkflow,wecan executethisscalingbystayingleanand efficient.
Ecoware Ecoware Saving the World One Package at a Time Thereisaruleofnature,‘What comesfromtheearthgoes backtotheearth.’Mother earth—encompassingeverylivingand non-livingthing—functionsonthis principle.Shecreateslifeand consumesittoo.Butonethingthatthe earthcan’tconsumeisplastic–the humaninventionthatischangingthe biologicalbalanceoftheearth.
Fromaplasticcuptofoodpackaging, everythingisplastic,andunfortunately, mostofitisnon-degradable.Hence,it isessentialtoreducetheplasticusage forasustainablefuture.
Thisnecessityledtotheriseof eco-friendlyproductcompanieswhich
offeralternativesfortheplastic products.Oneoftheleadingnamesin thatlistisEcoware,whichprovides sustainableplant-basedfoodand beveragepackagingsolutionsthatare affordableandsuperiorinquality
TheSuccessStory Adecadeago,AlexMagaraggiaand JamesCalvertwoyoung entrepreneurscommencedonajourney byfoundingEcoware–adynamicand innovativepackagingbrandthatis purposelead.
“Weareonamissiontochangethe waytheworldviewspackagingby removingvirginplasticsfromsupply
chainsandreducingwastetolandfill. Wehavedonethisbyusingtheworld’s mostinnovativeplant-basedraw materials,todesignanddevelop elegant,lowemissionpackagingthatis designedtobecomposted post-consumeruse.”
Beingfirsttomarket,some11-12years backwithadvancedrawmaterial technologythatchallengedthe well-establishedplasticindustrywas bynomeansasmalltaskforthe co-founders.
AlexandJames,withasmallteam aroundthem,spentyearsknockingon doorsexplainingtoprospectsthatthis wasindeedthefutureoftheindustry.
JamesCalver Co-founder
We are on a missionto change the way the world views packaging by removing virgin plastics from supply chains and reducing waste to landfill. Theywerelaughedoutofboardrooms, toldto‘getreal’andmoreimportantly said‘NO’,forthefirstfiveorsoyears.
Itwasachallengingtaskforthe co-founders.TheyviewedNoasYES, sotheykeptturningupandrefining theirproductandbrand.Ittook approximatelyfiveyearsforthetideto turn,andthen,itwasonlyforward. Ecowarewentfromonlycertified compostablehotcupsandlids,to havingacomprehensiverangeusinga handfulofdifferentcertifiedraw materials.
Ecowarenowhasover500SKU’sand providesanenvironmentalsolutionfor anytakeaway(foodandbeverage) environment.Itsrangeenablesthe clientstomaketheircustomersproud. “It’snotjustthepackagingthatthe clientschange,it’stheirfullbrand
storyandtheirmarketing strategy–afterall,sustainabilityis nowingrainedineverycorporate decisionmovingforward,”the co-foundersexpressed.
Thepastcoupleofyearshaveseen exponentialgrowthandashiftof attentiontowardsaglobal market–Ecowarebelievesthatits brandandproductofferingshouldand willberecognizedasatrueglobal leaderintheyearstocome.The company’sproductsarecurrently availablein12+countries.Ithassome excitingprojectsthatwillbedeployed in2022totargetglobalgrowth.
GoingGreenthroughTechnology AlexandJameswerekeenonusingthe technologytoembracethewayin whichthebusinesscanbeapproached.
Havingamutualunderstanding,they thoughtinsteadofthinking,letshire anotherpersontoimplement technologyandsystems.Every companyintoday’sclimateshouldbe ataminimuminvestingof$1in technology,forevery$1theyinvestin people.“It’swhatwebelieveis requiredtoremaincompetitive,and moreimportantlybecomemore efficientatalowercost,”saidJames.
Greenindustryisyettobecompletely disruptedbyAI,butitcanplaya crucialroleinnearfuture.Theduois oftheopinionthatiftheycanteach theirstafftothinkthisway,theycan haveaverypowerfulofferingmoving intothenextdecadeasreal opportunitiesstarttopresent themselvesasthemarketmatures.
AlexMagaraggia Co-founder
FacingthePandemic Thereisafamousquoteinbusiness world,“expecttheunexpected.”That said,theunexpectedcontinuesto developandthechallengesonewould neverdreamaboutcontinuetopress companiesglobally.Keepingthisin mind,problemscanalsobeviewedas opportunities–andthatisthewaythe duoviewproblemsatEcoware.
Whatistheopportunityofsolvingthis problem?Thereisnoonedenyingthe factthatglobalsupplychainisunder seriousandrealcostanddelivery pressure.Ecowarewasnoexceptionto this.Throughoutthepast18months, thecompanyhasbeenhitwithglobal seafreightsincreasingover500%, alongwithdelayandmissed connections.
Jamessaid,“Itisessentialasaleader duringtimeslikethis,youputyourself inyourcustomersshoes–whenyou do,yourealizethatcustomersareyour numberonepriority Wehavedone everythingwecan,sacrificingprofitsto putpeoplefirst.”Hebelievesthatwhen thepandemicwillcometoanend, Ecowarewillbesomewhatmorefuture proofed.
EnvisagingaGreenFuture WhileEcowareservicesover4000+ domesticcustomersandhavereplaced approximately1.4billionunitswith lowemission,sustainablesolutionsin NZ,intheupcomingyears,the companyislookingattheglobefor expansion.“Wewillcontinuetogrow ourglobalterritoriesthatwecurrently operatebothorganicallyastheworld
cravessustainablesolutions,andalso withsomeinvestmentintothose countriesthatarealreadytakingoff,” explainedJames.
Havingdoneextensivemarketresearch withthethirdpartygovtassistance, teamEcowareisfocusedontheNorth AmericanandtheEuropeanmarketsas keygrowthareas.Intheworldthatis movingandchangingrapidly, innovationisthecatalysttogrowth.
Ecoware’sgrowthstrategywillbe continuousdevelopmentand deploymentofuniqueandspecialized compostablefoodpackagingbeing broughttomarket.“Thereisnosuch thingasfinished,orstandingstill,one mustkeepmovingandmovingbecause thebestisyettocome!”saysthe leadershipteam.
Agenda Theworldisnotthesameasitwasafewyearsago. Therehasbeenahugechangeinvariousindustries allacrosstheworld.However,theworldhas technicallyevolvedandhasbeenslowlymovingtowardsa sustainablemodel.Technologywhichwasconsideredone ofthebiggestthreatstonature,isnowactuallyhelpingin makingtheworldasustainableandbetterplace.
Sustainablegreentechcompaniesaremakinganeffortwith constantinnovationsforbetterment.Todaynatureisnot askingforsustainabledevelopmentbutisdemandingforit. Takingthisinitiative,therearecompaniesthatarepushing theproductionofsustainableproductsandtechnology. Eventhepushfromthecustomerstowardssustainable productsandtechnologyisgreaterthanever.
Therearealotoftechnologiesthatarehelpingandallowing naturetoshapeandachievethesustainableagenda.Though someofthetechnologiesalwaysstandoutandpushthe wholeprocessthrough.Therecenttechnologicalinnovation ofthegreentechcompaniesonwhichthefutureheavily relays,canchangetheworldasweseetoday.
Inthisarticle,youwillfindsomeofthetopinnovations fromtheindustrythatareshapingthesustainabilityagenda ofacleanenergyfuture.
Ÿ EVTransport
Theworldistalkingaboutelectricvehicles,andthismode oftransportationwillbringhugechangestotheworld. Todaytherearemorethan160modelsofelectricand hybridvehiclesavailableinthemarket.Themainreasonfor theworseningairqualityisthecars,motorbikes,and vehiclesontheroad.Withelectricvehicles,theworldcan focusonimprovingtheairqualityandadapttothe sustainableagendatheworldistargetingfor.
MostofthevehicleseliminategaseslikeSOx,NOx,and CO2,whichhasresultedinthedepletionoftheozonelayer andariseinglobaltemperature.Thoughshiftingtowards electricvehicleswillnotonlyreducethetotalcostof ownershiptotheowner,itwillalsohelpintheeconomic coup,apartfromthat,theinnovativewaysofpublicelectric transportthatthecompaniesarebringingintothesystem willrevolutionizetransportationandhelpintheeconomic shift.
Ÿ PlasticRecycling
Didyouknowthatthereare260milliontonsofplastic wastegeneratedeveryyeararoundtheworld?Despitethe generationofahugeamountofwaste,only16percentof theplasticgetsrecycled.Lookingatthisopportunity presentedbythemarket,theplasticsindustrychangedthe businessmodelthatfocusedonrecyclingratherthan disposingofit.
Toaimtheeliminationofplasticwaste,thesectoraimsto createeconomic,societal,andenvironmentalbenefits, indirectlyhelpingincreatingasustainabledevelopment model.Apartfromalltheeconomicandenvironmental benefitsofplasticrecycling,theprofitpooloftheestimated plasticrecyclingindustryislikelytogrowby$55billionby thenextdecade.
Ÿ TheGreenBuildingInitiative
Thegreenbuildinginitiativeisaimedtomakethe workplacegreenerandmoresustainable.Beingan
internationaleffortthathelpsthecompanyincreatinga sustainableandresource-efficientbuilding,theyadherethe commercialbuildingsthathaveanenvironment-friendly vision.
Theinnovativeapproachbythebuildersishelpingthe workspacestobemorenaturefriendly Thegreenbuilding initiativeisconsideredastandardpracticetomaintain sustainablegrowthattheworkspaces.Theinternational initiativeisgainingpopularityeverydayandisassisting companieswithallthethird-partyassessmenttoolsthatwill maketheirbuildingsustainable.
Ÿ CloudInfrastructure
Cloudintegrationisassumedtobethefuture,andmany companiesaremakingthetransitiontomovetoacloudbasedsystem.Despitehavingtheeconomicadvantagesof cloud-basedintegratedprograms,movingtothecloudcan actuallyhelpcompaniestodeliverresponsibleinnovations andreducetheircarbonfootprint.Cloudinfrastructurecan bemoreefficient,economical,andsustainable.
Aninterestingfactaboutmovingtocloudinfrastructureis thatitcanreduceCO2emissionsby59milliontons annually.Itcanbesoefficientforthecompaniesthatitcan reducethecarbonemissionby84percentanddrivethe reductioninenergyby65percent.Movingtocloud infrastructureiswhatmostcompaniesfocusonthesedays.
AstudybyMicrosoftandWSPUSAstatedthatcloud computingcouldbe93percentmoreenergyefficientwhile itcanlowercarbonemissionsby98percent.
Theworldisdemandingasustainablefuture,andreading thesnippetsfromnaturalindications,theworldisactually workingtocreateasustainablefuture.Theaforementioned listhassomeofthetopinnovationsthatareshapingthe sustainabilityagendaoftheworld.Moreover,movingtoa moresustainablemodelwillnotonlyhelpusinbuildinga balancedfutureforbettertomorrow,butitwillalsoenhance thepresent.
-AshleshKhadse
Digitizing Energetic Renovations for the Housing and Construction Industry Earthiswarmingfasterthanit haseverbeenbefore.Extreme weathereventssuchas droughts,heatwaves,heavyrains, floods,andlandslidesarebecoming morecommonbecauseofclimate change.Tolimitthesesevere environmentalcalamities,itisessential toachievetheclimateneutralityaim andfocusingongreentechsolutions canhelpboostthismotto.
Inpertinence,thenecessityof Greentechcompanieshasemerged significantly.Solvingtheproblems causedbyclimatechangecanresultin successfulbusinessandenormous potentialfortheGreentechindustry Climateneutralitygivesbusinessesa strategiccompetitiveadvantage.The companiesthatgraspthisconceptfirst willbethefuturevictors.
Manycompanieshavealreadyinitiated bringingaboutachangeintraditional scenarioswiththeirgo-greenstrategy Oneoftheleadingnamesinthatlistis ecoworks,whichprovidesNetZero modernizationofbuildingsand infrastructures.
ecoworksdigitizesandindustrializes energyupgradesforthehousingand constructionindustries,makingit possibletomakethebuildingstock climate-neutralinatimelyand appealingmanner.
As a pioneer and technological innovator in Europe, ecoworks renovates multi-level buildings with automated, digital planning, and prefabricated timber frame, facade, and roof elements. Whyecoworks? 215millionapartmentsintheEUare highlyinefficientandarewaitingfor renovation.However,therearenotech companiesavailabletosignificantly acceleraterenovations.Withthe presentdeeprenovationrateintheEU of0.2%,itwouldtake500yearsto fullydecarbonizetheEUbuilding stock.Asapioneerandtechnological innovatorinEurope,ecoworks renovatesmulti-levelbuildingswith automated,digitalplanning,and prefabricatedtimberframe,facade,and roofelements.
ecoworksrenewsfacades,roofs,and windows.TheBerlin-basedPropTech usesonlyfactory-producedfacadeand roofelementsaswellaspre-assembled buildingtechnology,thusreducingthe amountofworkrequiredinaproject byupto80percent.
Inasecondstep,thepreviously inefficientbuildingisconvertedintoa small,decentralizedpowerplantby installingphotovoltaicsystemsaswell asheatpumpsandthermalreservoirs. Themodernizedbuildingswillthen generatemoreenergythanthe occupantsconsumeforheating,hot water,andelectricity.ecoworksfeeds thesurplusgreenenergyintothepublic powergrid.Ourclientsarehousing companieswithmorethan2,000 apartments.
InspiringLeadership EmanuelHeisenberg,Co-founder, andCEOofecoworksworkedfor15 yearsasafounderinrenewable energies,foundinganddevelopinga decentralizedenergycompanyanda deepgeothermalprojectdeveloper.He isalsoaspeakerandanexpertadvisor inthefieldofenergyandclimate
Heisenberg Co-founder and CEO
change.HeadvisestheGerman governmentandisafrequentauthoron climateissues.
Emanuelsharedhisthoughtsabout implementationofadvanced technologyintoworkculture.He believesdeeptechwasalwaysatthe coreofcleantech.However,nowitis combinedwithinvestmentpower,and salesandmarketingknowledgeasthe climatecrisisbecomesmoreandmore urgentandthecustomerneedis obvious.
TheCOVID-19pandemicshackledthe wholeworldandisolatedeverything.It impactedtheglobalindustriesbadly andstoppedthewheelsofgrowth. ecoworkswasnoexceptiontothis. Talkingaboutthechallengesthat arrivedthroughthepandemic, Emanuelsaid,“Themainchallengein thepandemicwastoenterhousesthat
werenovateandcommunicatewith housingcompaniesandtenants.”
TowardsaSuccessfulFuture Teamecoworksisplanningtoscale deliveredprojectsanditssalespipeline significantly.Itensurescapacityby buildingitsfirstautomatedfactory.
ecoworkshasanumberofleading customerssuchasLEGSEand deliveredasaninnovationleader–the firstserialCO-neutralrenovationin 2 Germany
Itisanever-growingsectorand opportunitiesarethereforthe entrepreneurs.Emanueladvicethe buddingentrepreneurswhoaspireto ventureintothegreentechmarket, “Focusoninnovationandgetpeople onthebuswhoareabletoscale.
Highlighting Excellence Ÿ Climate KIC special prize 2019
Ÿ German Energy E ciency Award (DENEFF) 2019
Ÿ hubitation special price 2019
Ÿ German Proptech Award 2020
Ÿ German Real Estate Innovation Report (ZIA) 2020
Ÿ 50 to Watch: 50 global cleantech early-stage start-ups 2020
Ÿ DGNB Sustainability Challenge, Finalist 2021
Ÿ pwc Tech for Impact Top 100, 2021
Emanuel
Laurence Kemball-Cook Founder and CEO
Top 10 Sustainable Green Tech Companies to Watch Creating Pathways to A Sustainable World Makingadifferencedoesn’talwaysmean changingtheentireworld–thoughthat certainlyisdesirableandideal.Sometimesit canbeassimpleasthesmallchangeswemakeinourown livesandencouragingothers,whothengoontodothe same,andsoon,creatingasnowballofgoodnessthatjust keepsgettingbiggerandmorepowerful.
LaurenceKemball-Cook,theFounderandCEOof Pavegenhasadoptedthisphilosophytobuildamore sustainableworld.
Inthefollowinginterview,LaurenceexplainshowPavegen iscontributingtoabetterworldthroughitsrevolutionary ideaofgeneratingrenewableenergythroughfootsteps.The conversationalsohighlightshisjourney,thecreativewayof implementingthetechnology,howthecompanysailedthe seasofthepandemic,andhowtechnologyisusheringina neweraofabetter,sustainableworld.
PleasebriefouraudienceaboutPavegen,itsUSPs,and howyouareachievingyourmissiontomakeyour technologyavailabletoallcommunitiesand empoweringpeopleforabetterworld.
Pavegeniscreatingamoresustainableworldusingthe powerofasimplefootstep.OurUSP’sarestrengthening communitiesusingdataanalysis,showcasingsustainability throughexperiences,rewardingbehaviorsthrough gamification,andpromotingwellbeingthrough sustainability.
Weareachievingourmissionbyworkingoninternational projectsacrosstheworld.Over200installationsin37 countries.Usingitasatoolforeducation,buildingsmart citiesofthefuture,integratingourtechnologyinto everydayexperiencesintransporthubsandbuilding partnershipswithestablishedandwell-recognizedbrandsto
We offer sustainable technology that can produce a small amount of electricity thanks to our kinetic tiles that uses the impact of footsteps to create 3-5 joules of renewable energy.
buildtrust.
Shedsomelightonyourofferingsandhowtheyimpact theindustryandyourclients?
Weoffersustainabletechnologythatcanproduceasmall amountofelectricitythankstoourkinetictilesthatusesthe impactoffootstepstocreate3-5joulesofrenewable energy Thisenergycanbeusedtocontributetowards poweringlightingfixtures,screensandmonitors,USB chargingpoints,andsoon.
Theimpactonindustryandclientsisnotfocusedonenergy inputoroutput.Wefocusontheengagement,interaction, experienceandeducationsideofthings.Inaddition,weuse gamificationandexperientialmarketingasourmaintoolsto promotesustainability
Inthemainourtechnologyimpactsbehavioralchangefor citizenswhowanttobecomemoresustainable.
Beinganexperiencedleader,shareyouropiniononhow theadoptionofmoderntechnologieshasimpactedthe greentechspaceandwhatmorecouldbeexpectedin thefuture?
Behaviorchangeiskeytoprogress.Weneedpeopletoput pressureontheirgovernmentsandthebusinessestheybuy
AbouttheLeader AbouttheLeader LaurenceKemball-Cooksetoutwithaclear mission;toproduceclean,off-gridelectricityall throughthepowerofasimplefootstep.Inventedas anoriginal,revolutionarytechnology,over750 prototypeswerecreated,andeventually,in2009a kineticfloortilethatcouldgenerateclean electricitywasborn.
Inspiredbythedesiretoaidclimatechange,whilst stillatLoughboroughUniversity,ourfounder, Laurence,wonaplacementwithamajorEuropean energycompanysetwiththechallengeoflooking atrenewableenergysolutionsforstreetlighting.
Aroundthistime,Laurencewasregularlyusing Victoriatrainstation,whichhasaround75million visitorsrushingthroughiteachyear.Herealised thattheremightbepotentialtoharnesssomeof thathumankineticenergyandconvertitintooffgridelectricity
Fromthere,hedevelopedthefirstPavegen prototypeinhisBrixtonbedroom,arectangular devicethatcontainedasinglegenerator.Butasan unproventechnology,hehadnowheretovalidate hisinvention.Laurencemadeariskydecisionto installaPavegentileonabuildingsite,without permission.Hetooksomephotos,postedthem online,andthenusedsocialmediatopushhis revolutionarytechnologylookingforinvestment.It worked.
fromtogetrealchange.Manybusinessesdocareanddoa lotofgoodthings,Patagoniaisagreatexample.Alotof companieswillonlyactifforcedtoo.Let’svotewithour feetandonlyvisitbusinesseswithvisiblesignsofgreen technology.Pavegenbelievesinsustainabilityandreducing CO2emissions,itiswhyweexist.Weareagloballeaderin drivingchangeandforcingpeopletothinkaboutthe climateissue.
Inadditiontotechnologythatfocusesondrawingattention tosustainability,thecontinuousdevelopmentandreduction incostofrenewableenergyisakeydrivertochange.
GettingthetraintoCOP26Iwillseeanumberofsolarand windfarms,whichIdon’tjustthinkarebeautiful,but wonderfulinequalmeasure.Anditisn’tjustfarms,plenty ofprivatehomeownershavesolarnow,heat-pumpsand even,spacepermitting,windturbines.Itiswonderfulto see.
Inthefuture,Iseetechplayingarole,abiggerrole campaigninganddrawingattentiontotheclimateissue.
FromARtoimmersiveexperiences,techwillhelpuspush thingsforward.
Consideringthecurrentpandemic,whatinitialchallengesdidPavegenface,andhowdidyoudriveyour companytosustainoperationswhileensuringthesafety ofyouremployeesatthesametime?
Wedidn’tfurloughanystaff.Wekepteveryoneonthe payroll,andwecontinuedtoworkasnormal.Well,as normalaswecould.
Aswecouldn’ttravel,wecouldn’tinstallPavegen.
Ironically,giventhestreetswereempty,itwouldhavebeen agreattimetoinstall,althoughnotemploythePavegen technology.However,wefeltitwasimportanttofinda solutiontoinstallingthetechnology,soitwasreadyasthe worldopenedupagain.Wedevelopedthetechsoitcould beinstalledremotely Ahugetechnicaladvancementinour technologyandamassivetransitionforthebusiness.This hascutourlead-intimedramatically.Meaningwecan installallovertheworld,simultaneously.Somethingthat hastransformedthebusiness.
Whatwouldbeyouradvicetobuddingentrepreneurs whoaspiretoventureintothegreentechmarket?
Capitalisking.Withoutityoucan’trunabusiness.Ifyour techistrulygreenyouwillfindinvestorswhoareonlytoo willingtosupport,you.Getyourproductoutthereandlook forinvestmenttogetyouofftheground.
HowdoyouenvisionscalingPavegen’soperationsand offeringsin2022andbeyond?
Wehavebeenaroundawhilenow Wehaveabankofdata thatweareusingtorefineouraudienceandbuilda customerprofilesowecanbealotsurerofwhowantsour productandwhytheywantit.Wehavefoundtheproductis usedmoreforthepromotionofsustainabilitythanthe reductionofenergy Thisissomethingwehavebeenslowly transitioningtooverthepast12-monthsandsomething we’llcontinuetodoasweheadinto2022andbeyond.
Evolution GreenTech Through Of theYears Itisamatteroffactthatyearsbeforegreentechnology begantotakecenterstage,goinggreenofferedlimited resourcesaseco-consciousnesswasanexpensive commodity.
Sinceenvironmentconservationemerged,largeandsmallcapindustriesnotonlychosetouseenvironment-friendly productsbutalsostartedpreservingnon-renewable resourcestoprotectourenvironment.
Asaresult,consumersfromallovertheplace,including moderncitiestoruralareas,startedusinggreen,ecofriendlyproducts.Thisglobalshiftaffectedallthelife cyclesandprocessesinvolvedinproductdevelopmentfora bettercause.
Today,thegreenindustryismakingradicalanddrastic changesfromproducingrecyclableplasticbagstomassive power-generatingturbinesworldwide.Theworldisrapidly evolvingwithcleanenergyinallaccounts,andthegreen techrevolutioniswellunderway.
Despitethesepromisingdevelopments,itishardtocontrol theinstantclimatechangeandtoresolvethisproblem;the
demandtoenhanceandimprovethesetechnologiesis consistentlyincreasingasgreentechnologyminimizesthe environmentalimpact.
GuidingPrinciplesonGoingGreen Thedemandforsustainableproductsandtechnologyis hittingallindustriesfromeveryangle.Fromsegregating wastetoreducingcarbonfootprints,thegoalistoliveas sustainablyaspossible.
Business-wise,companiesthataimtoprotectthe environmentconductexclusiveresearchthathelpsto reducecostsandwastegeneration.Thesepracticesvary fromonecompanytoanother;however,operation sustainabilityisbeingcommonlyrootedintheseprinciples:
Ÿ Therateofusageofrenewableresourcesisbeingkept undercontrolifcomparedtotherateofregeneration.
Ÿ Therateofdepletionofnon-renewableresourcesis limitedthantherateofproductionandregenerationof theirrenewablecounterparts.
Ÿ Theregenerationabilityofthenaturalresourcesisnot beingexceededbyhumanconsumptionandtheirusage.
Ascompaniesandindividualsareadoptingasustainable lifestyle,theyarebecomingcautiousaboutresourceuse, eveninsmall-capandlarge-capindustries.Onthebrighter side,investorsandorganizationsaresupportingthese companieswitheco-friendlyinitiatives.Asthissupport drawsin,start-upsaretakingthestridetowardsecofriendliness.Theseinvestorsgettoearntheirfundswhile weexperienceprogresstowardsasustainableenvironment. Itisasolutionwhereeveryonebenefits.
EnablingSustainabilitybyUtilizingNaturalEnergy Sources Theuseofnon-renewableresourcesisariskfactorforthe environment.However,increasingtheuseofwindturbines, solarenergy,carboncapture,andmicrogridsolutions providinggreatalternatives,thesolutiontoenergy consumptionisonthehorizon.
Severalcompaniesareleapingtowardsrenewableresources byworkingoncombiningtechnologyandnaturalresources tofulfilltheirneedsofelectricity.Additionally,theyare savingasignificantpercentageinenergyconsumption.
Eco-friendlyTransportation
Metrocitieswereteemingwithvehiclesemittingharmful andpoisonousgreenhousegases.Thissituationrequireda sustainablealternativeaspollutionhasbeengettinga significantinclinefromthepastfewyears.Thissignaleda startofanewrace:aracetodevelopbattery-powered electricvehicles,fromtwo-wheelerstobigtransportation utilities.
Today,EVvehiclesaresettingupemergingtrendswith modernizedfeaturesbycreatingtheirownplatform,and thisisjustacommencement.Inthenextfewyears,wewill belookingatsustainabletechnologysoaringupintheskies withbattery-poweredelectricairplanes.
Thisisbeingasignificantlynoticeablechangeasfarasthe environmentisconcernedbecausetheaviationindustryisa majorcontributortotheemissionofgreenhousegases. Whileelectricairplanesarebeingdeveloped,companiesare
tryingtounderstandthesciencebehindaviationfuelto reduceemissionsinairtransportation.
Re-definingFoodandAgriculture
Energyandtechnologyaretightlyintegratedwithgreen technology Astheseindustriesareshininginthespotlight, aneweraoffoodproductionisontherise.Unlikeintensive agriculture,sustainablefarminghasenormouspotentialby offeringbenefitstotheenvironment,likepreservingnatural resources.
Itdoessobyrecyclingnutrientsandwater,following naturalcycleswhileexcludingexcessiveuseofagricultural chemicals.Theneedtolocalizethefoodsystemrequires growingfoodmuchclosertohome,includingincities. Sincemostoftheglobalpopulationisassumedtolivein citiesinthefuture,thereisahugeopportunityforurban agriculturetomakeanimportantpositiveimpactmoving aheadwhenitcomestohowweproduceourfoodaround theglobe.
Oneofthemainmotivesofsustainableagricultural practicesisthepreventionoftheuseofmanufactured pesticidesandotherchemicalsthatshouldsuppresspest infestationsandpathogens.Applyingincreasingamountsof chemicalstoharvestfoodisnotpartofthelong-term solutionanddoesnothelpourhealtheither.Farmersfrom sustainablefarms,therefore,lookfornaturalsolutionsand trytorecreateconditionsthatdonotfavorpests.
AugmentingtheFuture Thedayswhentheenvironmentandtechnologydonotmix areinthedistantpast.Astheneedtoembracesustainability isbecomingclear,nowisthebesttimetocreateapositive approachtogreenliving.Everyeffortcountsforthepeople, nature,andtheenvironment.
-AbhishekJoshi
Simmitri Demonstrating Expertise in Designing the Finest Energy Solutions Theworldhasmarchedintothe thirddecadeofthiscentury, andthereisanunprecedented impetusbehindustoleavetheageof fossilfuelandadapttoGreentech.The overuseoffossilfuels,eversincetheir discovery,hashadanadverseeffecton theplanet.Peoplestartedusingfossil th fuelsfromthe18 century,andsoon, theycametoknowaboutthelimited storageoftheseenergymaterials.
Asaresult,thedemandforan alternativeenergysourcestarted increasingrapidly Thenecessityof greenenergyisvital,consideringits negligibleenvironmentaleffects.The awarenessaboutthesealternative energysourcesfacilitatesthe promisingGreentechcompaniesto embarkontheirmissionofagreen future.Surfingthewavesofthistrend, Simmitri,acustomer-centriccompany, hasbeenallthereforitsclientswithits end-to-endsolutionssinceits inception.
InaninterviewwithInsightsSuccess, JonathanGarcia,theCEOof Simmitri,givesdetailedinsightsabout thejourneyofhiscompany,itsvalues, andthefutureoftheGreentech industry.Belowarethehighlightsof theinterview:
Pleasebriefouraudienceabout Simmitri,itsUSPs,andhowyouare achievingyourmissiontomakeyour technologyavailabletoall communitiesandempowerpeople forabetterworld.
Simmitriisacustomer-centricSilicon Valleycompanywithanapproachto energymanagementthatisuniqueto theentireindustry.Ourmissionisto empowerourcustomers,employees, andpartnerstooperatefromaHolistic mindsetinallaspectsoflife.Toinspire goodstewardshipofourearththrough responsiblebusinesspractice,clean energy,andpositivecommunity engagement.
Simmitri’s mission is to empower its customers, employees, and partners to operate from a Holistic mindset in all aspects of life.
Since1995,wehavedemonstratedto thousandsofsatisfiedcustomers expertiseindesigningandinstalling comprehensiveenergyandroof systemsintheresidentialand commercialsector.Weengageour customersfromaHolisticperspective toimplementcustom-tailoredsolutions thatsolvecoreproblemswhilemaking
About the Leader JonathanGarcia’sparentsfoundedSimmitriin1995.In 2020,hesteppedinasthesecondCEOofSimmitri.Froma youngage,Jonathanhadapurposeandpassionforbeinga goodstewardofthisworld.Growingupinthebusinessasa youngman,hebecameanearlyexpertinroofingandsolar Hefellinlovewiththefactthatwecouldharnessthepower ofthesuntofuelourliveswithacleanandrenewable energysource.
Beinganadvocateforenvironmentalismandsustainability, hepursuedhisdegreeinEnvironmentalScienceandthen startedhisownpassivesolarhomedesigncompanyduring hissenioryearwithhismentorandprofessoremeritus, ultimatelyrollingthatintothebusinesshisparentswerestill successfullyrunning.Aroundthesametime,Jonathanand hismotherPamelaGarciastartedanon-profitprogramcalled theGreenDesignCenter to(www.greendesigncenter.org) amplifyeducationaroundsustainability
Hehastraveledaroundtheworld,experiencingculturesand sharinghispassionbyeducatinglessprivilegedyouth.Since hestartedinthisindustryatsuchayoungageofateenager, hisexperiencehasbeensoughtafterbymajormanufactures fornewproductconsulting,piloting,andlaunching.His workhasbeenfeaturedinmultiplemagazines,likeSunset andElDécor
Thisyear,JonathanwasrecognizedandlistedinForbes magazineasanup-and-comingsuperstarentrepreneurto watch.JonathanrecentlycompletedtheStanfordUpper GraduateSchoolofBusiness’SLEIBusinessScaling programthroughLatinoBusinessActionNetwork(LBAN), whichhashelpedpositionSimmitriasoneofthemost uniqueandsustainablerenewableenergycompaniesinthe BayArea.
thebuildinghealthier.Forexample, doingsolar,thewayitshouldbedone meansperformingacomprehensive energyevaluationtofindout‘Why’the energybillishighasopposedtotaking aband-aidapproachbysizingasolar systembasedontheenergybillalone.
Wefindthatsolvingcoreinefficiencies oftenleadstoourclientsneeding smallersolarsystemswhileachieving
Jonathan
HeproducedthewinningvideointheStanfordprogram videochallengecompetition.ThesupportfromLBAN helpedJonathantremendouslyinhisgrowthasabusiness leaderandinspiredhimtoofficiallycreatethe‘Sharethe Light’philanthropyprogram.
SinceJonathanbecameCEO,hehashelpedamplifythe brandandcreatedthecompany’svibrant‘Boom’culture. Thereisasharedcommitmenttotheircustomers,employees,andpartnersandultimatelybeinginserviceforthe greatergood.JonathanhasalsodoubledSimmitri’srevenue everyyearsincebecomingCEOandhasplansinplaceto continuetoexecuteonhisaudaciousgoals.
muchmoreimpactfulsolutionsasit relatestotheindividualbuildingsand theoverallenvironment.Our experiencedteamofenergyadvisers, roofsystemtechnicians,project managers,buildingperformance analysts,aCustomerSuccessteam, andhighlyexperiencedinstallerswork passionatelytogetherinconcertto achieveahighlevelofcustomer satisfaction.
Theintegrationoftechnology throughouttheprocessallowsusto accomplishourmissionandstayin syncwithourfamily-ownedbusiness ethicsofnearly30years.Weareoneof thelongest-standingsolarandroofing companiesinCalifornia,andwehave addedonsmartenergymanagement, EVchargers,batterystorage,and recentlyHVACservices.The commitmenttothemissionisreflected
Garcia CEO
inour‘SharetheLight’philanthropy program.SharetheLightaimsto impactlivesthroughbusiness.
Wearecommittedtobroadeningour impactinourlocalcommunityand beyond.Simmitriaspirestodothisby restoringthebalanceofpowertothose whoareinneedandservingasa catalystforabrighterfuture.Someof theseeffortsincludedonatingsolartoa villageinAfricasochildrencouldread atnight,helpingsavealocalhigh school’smechanicsprogram,and donatingroofsandsolarsystemsto PGEfirevictims.
Shedsomelightonyourofferings andhowtheyimpacttheindustry andyourclients?
SimmitrihasevolvedintoanEnergyas aServicecompany.Weofferend-toendsolutionsthatmaximizethe efficiency,profitability,andoverall healthofthebuilding.Duringour energyevaluation,theteamlooks closelyateachsystem:HVAC, insulation,roof,andultimatelythe currentandfutureenergyconsumption beforeprescribingthebestandmost completesolutions.It’sadistinct advantageforourclientstobeableto workwithjustonecompanyfortheir solar,roof,gutters,HVAC,andenergy managementsystems.
Wesimplifyandaddgreatvaluetothe customerexperiencebyapproaching thisfromaHolisticviewpoint.Thenet resultisSimmitri’scustomersget custom-tailoredsolutionsthatbetter meettheirneedswhichresultsina buildingthatismoreefficient,resilient, comfortable,andsafe.Wehaveeven beenknowntosavelivesthrough implementingthisHolisticapproachto energy.
Beinganexperiencedleader,share youropiniononhowtheadoptionof moderntechnologieshasimpacted
theGreentechspaceandwhatmore couldbeexpectedinthefuture?
Datatechnologyimprovementslike UtilityAPI,smartmeters,andsmart IoTenergydeviceshaveallowedusto capturealltheenergyusagehistory andprofilesofourcustomers,with detailedintervalanddemanddata availableattheclickofabutton.This allowsustoprescribeaccurate solutionsquicklyinsteadofguessing howtosolvespecificenergyefficiency challengeswithoutchasingcustomers fortraditionallyhard-to-getdata.Now wecancomeupwiththemost accurate,precisesolutionswiththis smarterdataanddoitfasterthanever before.
experiencedHolisticIoTsolutions provider,andotherpartiessuchas powerutilitiesandgovernmentsto addressthesechallenges.
Consideringthecurrentpandemic, whatinitialchallengesdidSimmitri face,andhowdidyoudriveyour companytosustainoperationswhile ensuringthesafetyofyour employeesatthesametime?
Incorporatingthelatestcomputing technologieslikeASICchipsinto microinvertersasEnphaseEnergyhas reallydisruptedthepowerconversion industry.Powerelectronicslikethis haveneverhadthiskindofintelligence before.Batterystoragewhichhas traditionallybeenplaguedwithissues, nowhasapathwaytowork successfullyandinconjunctionwith solarandwhatSimmitricallsthe ‘NanoGrid.’
TheNanoGridiseachsmartconnected deviceorsmartappliancethatcanbe optimizedinreal-timetosupportthe mainenergysystemsofthebuilding andtheutilitygrid.TheNanoGridhas beenoverlooked,andthisisonereason whyenergyefficiencyprogramsare notaseffectiveastheycouldbeand, frankly,whywehavesuchabig problemtosolve.
Ournation’senergyproblemscanonly besolvedbyaHolisticapproachwhich involvesmakingthefoundationof energysolid.Energyefficiencyisthe corefoundation,anditmustbe‘shiny,’ simple,andadvantageousformass adoption.Simmitriisinstrategic partnershipwithSmartenitInc.,an
Whenthepandemichit,wehadto pivotthewayweoperated.Business activitieshadtoswitchfrombeinginpersoncustomerandemployee-facing todigital.Wehadtogetbetterat remotesitevisitsanddatacollectionas wellasinternalcompanyoperations. Duringthesechallengingtimes,our companyhasembracedvirtualwork, teamcollaboration,andcustomer engagement.
Theutilizationoftechnologysuchas remoteinformationgathering enhancements,modeling,solardesign, andaerialimageryallowsustooperate remotelyandaccurately Wehave embracedvirtualteamworkby leveragingZoomtoimprove communicationwithcustomersandour internalteam.Inshort,bybeingagile andcreative,wehavebecomemore resilient,stronger,andmoreefficient.
Whatwouldbeyouradviceto buddingentrepreneurswhoaspireto ventureintotheGreentechmarket?
Getreadyforanexcitingrollercoaster ride!Embraceconstantchangeand considerinvestinginyourowninhouseCustomerSuccessteam,aswe havedone.Why?Thesecustomersalso representlong-terminvestmentsthat needpost-installsupportandcareto flourishandgofullcirclewith referrals.It’simportanttobuildthat intoyouroperationalexpensesearly on.Thecostofcustomeracquisitionin theenergyservicespaceisveryhigh,
aswellasthecostofpost-sales support.
Takingcareofyourcustomersforthe longtermwiththisCustomerSuccess mentalityleadstothebestbusiness outcomesonboththefrontandback endsofthebusiness.Youhavetobuild thisintoyourmargin;otherwise,you maybeoneofthecountless‘lowcost’ renewableenergycompaniesto crumble,forwhichthecustomer ultimatelypaysdearlydowntheline, givingusallabadimage.
Howdoyouenvisionscaling Simmitri’soperationsandofferings in2022andbeyond?
Simmitriisauniquecompanyinmany ways.BeingbasedinSiliconValley, weknowourcustomersexpectthebest products,service,andtechnology,so webuilttheSimmitriCustomer Successmobileappfor communication,project documentation,up-to-the-minute projecttracker,systemmonitoring access,marketupdates,andan integratedcustomerreferral/rewards program.
Customershavetheabilitytodeposit rewardsintotheirbankaccountorcash inwithagiftcardfromover1,000 storeslistedintheapp.Simmitriis addingtheabilityforcustomersto donatetheirrewardsandortimeto non-profitsthatareinalignmentwith Simmitri’smission.Weleveragethis technologyandotheroperationaltools whileprovidingunparalleledcustomer touchpoints.
Simmitriisbuildingonour consistentlyexcellentperformance beyond2022andintothefuture, leaningonoursuccessestobecomean evenmoreresilientrenewableenergy andsolutionsprovider.Intheservice businessandespeciallythesolar market,companiestendtocomeand goveryfastduetoalackofcustomer careanddiversifiedofferings,often leavingcustomerswithnowheretogo forhelp.
Wearescalingourgrowthsustainably, withcustomerexperienceatourcore, asweexpandourservicestobeing moreofasolutionsprovidertodrive value.Wearedoingthisbybeing fiercelyloyaltohowwecareforour
customers:buildingourpost-sale CustomerSuccessexperience,rolling upcomplementaryservicesand products,suchasroofingandgutters, EVcharging,HVAC,water management,andhomeenergysmart monitoringsystemstocreatetruly Holisticsolutions.
Atscale,wecanstillprovideamore comprehensiveandvaluablesuiteof offerings,maintainanamazing customerexperience,andcontinueto garnergreatreferralbusinesswhile convertingeachhomeorbusinesswe careforintothemostefficientand profitableassetitcanbe.
Simmitriisofficiallylaunchingits governmentcontractingprogramin 2022.Wearecurrentlyregisteredwith theStateofCaliforniatocontract publicworksprojectsandwillbeon theGSAscheduletocontractwiththe federalgovernment.Beinglistedasa smallandwoman-ownedbusinesswill givepreferentialtreatmentforwinning contracts.
TEKNTRASH Changing the Landscape of Sustainability Whenacertaincompany’sscrapisproperly disposed,thechancesofthemendinguponthe blackmarketarelesstonone.Acompanycan alsobeconfidentthatitsliabilitywillbereduced,thatits competitorswillnotgainanadvantage,andthatthequality ofitsproductwillstaygood.Sometimes,itisdifficultto manageandtracethesupplychainofthepurchase,usage, andthedisposalofaproduct.Buttheroleofmodern technology,especiallythelikesofAI,canplayavitalrole inthesupplychain.
Usingcertifieddestructionservices,thedisposalprocedure canbetrackedandsecured.Thischainofcustodyensures thehighestlevelofprofessionalismbyincluding photographicandvideoevidenceofthedestruction.
Lookingatthis,TeknTrash,anAIanalyticscompany startedtoofferitsservicestodeliverthemissinglinkof productlifecycle.ItusesAItolocateproductsatdisposal timeandthusobtainrealtimeconsumerdata.
Inthefollowinginterview,AlCosta,theFounderand CEOofTeknTrash,shedslightonthejourneyofhis company,itsofferings,andthefutureaspectsofthe GreenTechsector
PleasebriefouraudienceaboutTeknTrash,itsUSPs, andhowexactlydoesithelpcompaniesmatchtheir salestotheireffectiveconsumption.
TeknTrashisanAIandanalyticscompanywhichobtains datafromtrash.Webelievethattodaywerecycle everythingexceptthemostimportantpart,whichisthe consumerdataaproductcontains.So,thewho,thewhen, andthewhereofadisposedproductareimportantmetrics whichneedtobeaccountedfor,andyetforsomereason theyarenot.
Weliveinadata-basedworldanddatahasbeennamedthe ‘newoil’whichmakesevenlesssense.Finally,whilewe buyourproductsfrommanysources,thereisonesingle placewheretheyalleventuallyendupat,whichisthe garbage.Thus,beingabletolocatethoseproductsthere meansknowingtheentireconsumptionofanindividual, andthatispowerful.
ShedsomelightonTeknTrash’sofferingsandhowthey impacttheindustryanditsclients?
Webelievetherecyclingmodelisafailedone,asitonly punishesifpeopledon'trecycle,butdoesnotrewardifthey do.Andbecauseitdependsonthesaleofmaterials,which payslittle,soitisunabletopaytoo.Theendresultisthat today11%ofmethaneintheatmospherealreadycomes fromtrash(andmethaneis88timesstrongerthanCO2 causingglobalwarming),only6%ofplasticisactually recycled,thelargesttrashdumpisactuallytheGreatPacific GarbagePatch,etc.
So,wethinkdataisthesolutiontothatproblembecauseit isvaluable.So,wecanrewardpeopleforrecycling.Tothat end,wecreatedstipra.com,whichiscurrentlytheonly servicethateffectivelyrewardspeopleforproperrecycling, whileprovidingvaluablepost-salesdata.Regularpeople registeratstipra.comandtakepicturesoftheirconsumer productsbeforethrowingtheminthetrash.
Companiesthenregisteratcorp.stipra.comandconsume thatdata,geolocatingwheretheirproductsendedup.So, thisallowsconsumerproductcompaniesknowtheir consumersbetter,encouragesproperrecycling,andcreates asourceofincomeforvulnerablepeople.
Al,pleasebriefusaboutyourjourneyintheindustry andhowyouhavecontributedtoTeknTrash’ssuccess.
We are embarking on a major fundraise which will allow us ultimately to develop a smart bin. , , , , IamabiologistwithanMAinComputerEngineering.My fatherwasadiplomatandI’velivedincountriessuchas Haiti,sopovertyalleviationissomethingdeeplyingrained inme.IfoundedTeknTrashwhilelivinginBarcelonaand laterIcametotheUKtopromoteit.
Beforethat,IcreatedcompaniesinUSA,UK,Brazil,and Spain,soldmyfirsttoonelistedinNasdaq,fundraisedin SiliconValley,losteverythinginanother,soit’sbeenafun ride.Andthus,Iamcalledtohelpstartupswithmarketing, fundraising,andstrategy.
TeknTrashisledbyateamofscientistsandthus,wedonot enjoythegreenwashingthatunfortunatelyistakingplacein themarket.Tothatend,IbroughtinDrKavehMadani, whoservedastheDeputyHeadofIran’sDepartmentof EnvironmentandwasVicePresidentoftheUnitedNations EnvironmentalAssemblyBureau,tocreateabusiness modelwhicheffectivelyrewardscompaniesparticipatingin Stiprawithrealandaccountablecarboncredits.
Infact,sincegarbageproducesmethaneandthatissucha strongGHGgas,evenasinglebottleproducesenough carbontobeabletotranslateintocredits,sothatmeans companiescanobtaincarboncreditstheycansellinthe marketforusingstipra.Forexample,Teslamakesmore moneyfromsellingcarboncreditstoitscompetitorsthan actualcarsales,sothatisarealopportunityforcompanies.
Beinganexperiencedleader,shareyouropiniononhow theadoptionofmoderntechnologieshasimpactedthe greentechspaceandwhatmorecouldbeexpectedin thefuture?
WhenitcomestoGreentech,Ialwaysmakeacomparison withtheBrazilianethanolmodel.Havinglivedinthat
Top 10 Sustainable Green Tech Companies to Watch Al Costa Founder and CEO
countryfor20years,Isawhowitcreatedabiofuelmodel thatisactuallysustainableandwidelyimplemented,asall fuelpumpscarryethanol,allpetrolcarries27.5%ethanol, ½ofthefleetisflex,etc.Andthatwascreatednotbythe needtobesustainableandtoreducecarbon,butsimply becausethecountrywouldnothavethefundstoimportoil duringthefuelcrisisof1973.
Thus,weneedtolookatthefinancialsustainabilityofa greensolution,asthatspeaksmuchlouderthantheESG component,andthereforeismoreabletobringwidespread usageandrealESGbenefits.
Infact,ifourleaderscouldseetheclearfinancialbenefitof ESG,theywouldtakeactions,buttheyareonlypresented withthepureenvironmentalbenefits,sotheyofcourse don’tcare.So,it’sapoormarketingschemeifyouaskme. Consideringthecurrentpandemic,whatinitial challengesdidTeknTrashfaceandhowdidyoudrive
TeknTrashtosustainoperationswhileensuringthe safetyofyouremployeesatthesametime?
Wemaybeoneofthefewcompanieswhichwere unaffectedfromthepandemic,asouroperationswere alreadyremote,andIplanthemtoeverbe.Inthis,Ialways makeacomparisonwithHarryPotter’sGringottsBank. ThisbankhasnoATMs,APP,onlinepresence,etc.It requiresitscustomerstogototheoneandonlyofficefor anycommonbankingoperationsuchaswithdrawing, depositing,gettingastatement,etc.
However,noonetodaywouldopenanaccountinabank whichrequiresitscustomerstogothere.Ontheotherhand, noonewouldtrustalotofmoneytoabankwhichhasno offices,whereonecangoandphysicallyspeakwitha managerwhenthingsgosour.That'swhybankscreated ATMs.Theseare‘offices’ofsortswherepeoplecando mostoftheireverydaybankingoperations,andifthey requiresomethingfancier,thentheycangotothemainone.
AtTeknTrash,weplantohaveasimilarmodel.Wewill havesmalloffices(ATMs)spreadacrosstheUKwhere employeescanwork,meet,anddousualeverydaywork. Theseofficeswillbeofthesizeofaroomwithspaceforup tofourpeopleandwillallowemployeestoworkataplace closetotheirhomes,whilestillphysicallyinteractingwith otheremployees.
Theywillhaveanappwhichallowthemtochoosethe closestofficetowherevertheyareatthemoment,openthe door,getalaptop,printer,etc.fromsomecloset,havea coffee,turnontheheating,etc.Forexample,iftheyneedto haveameetingwithmanypeople,theycanchoosealarger officeorjustgotothemainone.Thatway,theydon'tneed towastetheirlivesawaycommutingtoworkandtheycan stillfeelpartofanenterpriseinsteadoffeelinglikethey workinsolitudeofsometrappistmonastery
Whatwouldbeyouradvicetobuddingentrepreneurs whoaspiretoventureintothegreentechmarket?
ThesameIalwaysgivetoanyentrepreneurirrespectiveof area:thattherearetwowaysofsucceeding.Thefirstwayis byquality:whenyoudotherightthing,talktotheright people,closetherightdeals,etc.However,thatusually requirespreviousexpertise,collegeeducation,etc.,andthat isthemainreasonwhysomanypeopledonottrybeingan entrepreneur.Tothose,thereisasecondway,whichisby quantity
Basically,goingthere,doingthewrongthings,talkingto wrongpeople,closingthewrongdeals,etc.,andbydoing thatacquiringtheexpertise,knowledge,techniques,etc. thatthebestMBAwouldnotbeabletoprovide.Both methodsleadtosuccess,theonlydifferenceisthesecond takeslongerasitrequiresmanymoretries,butitisalso moresatisfyingduetolearningalongtheway
HowdoyouenvisionscalingTeknTrash’soperations andofferingsin2022andbeyond?
Weareembarkingonamajorfundraisewhichwillallowus ultimatelytodevelopasmartbin.Thiswillallowpeopleto justthrowtheirgarbageinonesinglebag,dotherecycling, takepicturesofalltheproducts,andrewardinstipra.com thecorrespondingpoints.Thesebinswillinitiallybe deployedinshoppingcenters,aswebelievethatthepublic wouldprefertogotoashoppingcenterthatusessmartbins whichrewardpeoplefortheirdisposedproductsratherthan othersthathaveoldandboringgarbagecans.
Inthefuture,weenvisionthistobecomeamajorplayerin therecyclingindustry,aswecouldtakethecontentofthis binstotherecyclingcenters,chargeforthatservice,and theywouldbegladtopayastheproductswouldalready muchbetterrecycledthanthroughthem.So,theywouldbe abletosellmorepaper,plastic,metal,etc.
DemonstratingExcellence TeknTrashisafinalisttotheRedHerringTop100Europe competitionin2021.ItwasselectedbytheWEF(World EconomicForum)asoneofthethreemostimpactful technologies,andEuronewschoseTeknTrashas#1 Greentechcompanytowatchin2021.
“Sofar,wereceivedthreegrants,sowearemakinggood noiseandgettingrecognition.Stipra.comisalready capturingdataontopproductssuchasNescafé,Nivea, Pepsi,andevenIkeafurniture!So,wearehappyoverall,” Alconcludes.
