AW-Energy has been selected as one of the finalists for Red Herring’s Top 100 Europe award, a list that includes the year’s most promising private technology ventures from the European business region.
The nominees are evaluated on 20 main quantitative and qualitative criteria including disruptive impact, market footprint, proof of concept, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.
AW-Energy’s CEO John Liljelund said: “We are honored to receive this recognition for our long-term commitment to develop clean renewable energy for the global market.”
Finalists for the 2015 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health.
Alex Vieux, publisher and CEO of Red Herring, said: “We had a very difficult time narrowing the pool and selecting the finalists. AW-Energy shows great promise and therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe.”
The Finalists are invited to present their winning strategies at the Red Herring Europe Forum in Amsterdam, April 13-15, 2015.
The Top 100 winners will be announced at a special awards ceremony the evening of April 15 at the event, AW-Energy’s press release reads.
AW-Energy is a Finnish company that has developed the patented WaveRoller wave energy converter.
Red Herring is a media company that reports about the global innovation economy, and the emerging technologies.