PowerGenix Named Winner of GoingGreen Silicon Valley Global 200
SAN DIEGO, Calif. – November 26, 2012 – PowerGenix, the leading manufacturer of high performance, rechargeable Nickel-Zinc (NiZn) batteries, today announced it has been selected as a member of AlwaysOn’s GoingGreen Silicon Valley Global 200, an award bestowed annually to companies demonstrating game-changing approaches and technologies that are likely to disrupt existing and entrenched players in green technology.
PowerGenix was chosen from thousands of international technology companies nominated by investors, bankers, journalists, and green technology industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.
“This year’s GoingGreen Global 200 displays a maturity in the green technology industry that makes it very attractive to both investors and innovators. Greentech research is maturing rapidly, and as it couples with technology innovators and investors, companies are emerging that have the ability to change the way we live our lives for the better and bring huge returns to their founders and funders,” said Tony Perkins, founder and editor of AlwaysOn. “This year’s GoingGreen Global 200 winners are pushing the bounds of how technology can bring about change in the war on our planet’s waning resources. The strength of these companies lies in their ability to nurture innovative ideas and seen them through to successful, sustainable, and profitable businesses.”
“We are honored to be recognized by the GoingGreen Global 200 amongst such great company,” said Jeff Phillips, CTO of PowerGenix. “This award speaks to the strength of our team, who are committed to deploying a solution with a real potential to move the automotive sector towards more sustainable, efficient technology today.”
Earlier this year, PowerGenix signed a joint venture agreement with China City Construction Corporation (CCCC) to develop, manufacture and sell NiZn batteries for the automotive market and other markets where clean, high power and cost competitive battery products are needed. In June, PowerGenix, CCCC and Huainan City in the Anhui Province of China signed a three-party agreement to create the world’s first commercial-scale NiZn battery manufacturing center.
The GoingGreen Silicon Valley Global 200 companies will be honored at AlwaysOn’s seventh annual GoingGreen Silicon Valley, November 27-28 at the Golden Gate Club in San Francisco, CA. A full list of AlwaysOn GoingGreen Silicon Valley 200 winners can be found at: http://alwayson.goingon.com/AOStory/Announcing-2012-GoingGreen-Global-200-Top-Private-Companies
PowerGenix has developed and patented a high-power and low-cost Nickel-Zinc battery for hybrid electric vehicles, industrial products, and stationary storage applications. PowerGenix Nickel-Zinc batteries outperform lead-acid and nickel-metal hydride (NiMH) batteries in a smaller and lighter form-factor, and avoid the high cost and safety issues associated with lithium-ion (Li-ion) batteries – providing a highly recyclable, lead-free alternative to existing technologies in the multi-billion dollar rechargeable battery market. For more information, please visit http://www.powergenix.com.
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.
Antenna Group for PowerGenix