Nearly 13,000 companies from 90 countries were nominated for the esteemed Global Cleantech 100 list this year. Eligible companies are evaluated through a three-stage process to determine the most likely to make significant market impact over the next five to ten years. The nominations are weighted and scored to create a shortlist, which are then reviewed by CTG's expert panel.
The smart thermostat company, ecobee of Toronto, has experienced more than 100% year over year growth since its founding in 2007. The ecobee3 smart Wi-Fi thermostat was also the first to be directly compatible with Amazon Echo through the Alexa Smart Home Skill API and delivers an average of 23% savings on household heating and cooling bills, according to the company. This is ecobee's third time on the GCT100.
Semiconductors have traditionally been made using silicon-based materials, but according to GCT100's 2019 report, GaN Systems is one of two companies on this year's list that are developing applications in power electronics and leveraging superior power efficiency properties of Gallium Nitride over existing materials. GaN Systems is an Ottawa-based company and was founded in 2008.
Named to the GCT100 for the second year in a row, Opus One Solutions continues to create optimization solutions for electric energy resources. Based out of Richmond Hill, this software engineering and solutions company is modernizing the demands of the electricity grid via its GridOS® platform.
In addition to the three Ontario-based companies to make the Global Cleantech 100 list, the Kitchener-based Miovision Technologies and Toronto-based ThoughtWire have both been added to the "ones to watch" list.
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