Caesarea, Israel March 19—Emefcy, a leader in energy efficient solutions for wastewater treatment, today announced it has been chosen as a 2012 New Energy Pioneer by Bloomberg New Energy Finance.
“We are honored to be recognized by Bloomberg New Energy Finance for our innovative technology that changes the economics of wastewater” said Eytan Levy CEO and Co-Founder of Emefcy. “This recognition validates our company's vision and leadership providing energy efficient solutions for wastewater treatment. This win arrives at a time when we are about to rollout our first product enhancing our worldwide recognition”.
With its innovative disruptive technology Emefcy addresses both the municipal and industrial wastewater markets. The SABRE (Spiral Aerobic Bio-Reactor) solution treats municipal wastewater with virtually zero energy required for aeration while the EBR (Electrogenic Bio-Reactor) treats industrial wastewater and produces renewable electricity as a byproduct. The EBR acts as a battery using the organic matter in the wastewater as a source of energy.
In its third year, the Bloomberg New Energy Finance Pioneers program identifies companies from around the world that are changing the energy landscape forever. An independent panel of industry experts from banking, academia, corporations, utilities and technology providers chose the honorees by assessing them against three criteria: potential scale, innovation and momentum.
This year’s winners represent a broad range of industries including bioenergy, energy storage, electric vehicles, smart grid, solar and water. Each of the New Energy Pioneers have innovative, proven technologies, robust business models, the ability to demonstrate traction and momentum in their activities, and the potential for global scale. By rewarding game changing innovators, Bloomberg New Energy Finance hopes to highlight the speed of change in the sectors it serves, which play such an important role in the shift towards a low-carbon economy.
"It has been a tough year for the clean energy sector, with severe pressure on the profit margins of manufacturers, a sharp fall in share prices, some notable bankruptcies, cuts in European government subsidy support, and a reduction in the availability of bank finance," said Michael Liebreich, summit chairman and head of Bloomberg New Energy Finance. "Despite this, the quality and volume of applicants we received for the 2012 Pioneers program was higher than ever – a testimony to the strength of the forces driving the sector and to the sort of high-quality entrepreneurs which it has been attracting over the past few years. We congratulate this year's winners and look forward to tracking their progress."
Emefcy is a next-generation wastewater treatment company whose technology transforms wastewater treatment plants from cost centers to profit centers by addressing the two most costly operational expenses: energy and sludge. Rather than consume electricity to treat industrial wastewater, Emefcy’s electrogenic bioreactor (EBR) uses microbial fuel cell technology to produce electricity. Its passive-aeration treatment process is also significantly more energy efficient than alternative approaches. Emefcy is seeking to transform the energy economics of wastewater treatment, while retaining a practical and cost-effective approach to market needs. Emefcy is the Early Stage Start-up Company of the Year of the 2011/12 Cleantech top 100.
About New Energy Finance
Bloomberg New Energy Finance (BNEF) is the world’s leading independent provider of news, data, research and analysis to decision makers in renewable energy, energy smart technologies, carbon markets, carbon capture and storage, and nuclear power. Bloomberg New Energy Finance has staff of more than 200, based in London, Washington D.C., New York, Tokyo, Beijing, New Delhi, Singapore, Hong Kong, Sydney, Cape Town, São Paulo and Zurich. For more information on Bloomberg New Energy Finance: http://www.bnef.com.
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