January 23, 2017: Bay Environmental Technology Crop. (Bayeco), was named in the prestigious 2017 Global Cleantech 100, produced by CTG (Cleantech Group), whose work keeps its audiences and clients in touch with emerging trends, leading innovation companies and all key players in sustainable innovation.
The Global Cleantech 100 represents the most innovative and promising ideas impacting the future of a wide-range of industries. Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, Global Cleantech 100 is a comprehensive list of private companies with the highest potential to make significant market impact within a 5-10 year timeframe.
In addition to being one of the top 100 private companies in cleantech, Bayeco was also the recipient of the “Asia Pacific Company of the Year” Award. The Asia Pacific Company of the Year is awarded to the highest ranked company in the 2017 Global Cleantech 100 list from the region.
“It is our great honor of being selected again for the Global Cleantech 100 two years in a row”, said Bayeco CTO Qi Wang, “Especially, we received the “Asia Pacific Company of the Year” Award this year. This is the high recognition for our technology innovation and commitment to improve air quality in China.”
The Global Cleantech 100 list is collated by combining proprietary CTG research data, with weighted qualitative judgments of hundreds of nominations, and specific inputs from a global 86-person Expert Panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
This year, a record number of nominations were received: 9,900 distinct companies from 77 countries. These companies were weighted and scored to create a short list of 325 companies. Short-listed nominees were reviewed by CTG’s Expert Panel, resulting in a finalized list of 100 companies from 17 countries.
The 86-member expert panel was drawn equally from leading financial investors and representatives of multi-national corporations and industrials active in technology and innovation scouting across Asia, Europe, and North America. The composition of the expert panel broadly represents the global cleantech community, from pioneers and leaders to veterans and new entrants. The diversity of panelists results in a list of companies that command an expansive base of respect and support from many important players within the global cleantech innovation ecosystem.Back