Nexeon Named a 2010 Global Cleantech 100 Company

Nexeon – the company developing technology for the next generation of lithium-ion rechargeable batteries – has been named in the prestigious 2010 Global Cleantech 100 list, produced by the Cleantech Group. The list is produced as part of the Global Cleantech 100 program, run in collaboration with Guardian News and Media and sponsored by Autodesk.

The Global Cleantech 100 uniquely highlights the most promising private clean technology companies from all around the world: those companies which are likely to make the most significant market impact over the next five to ten years in the eyes of the world’s cleantech experts.

Global Cleantech 100Nexeon’s technology is based on the use of silicon in place of carbon for Li-ion batteries. Silicon provides far higher performance than current carbon materials as an anode material, offering lithium storage capacity around ten times that of carbon by weight. In addition to providing higher capacity cells, the superior nature of silicon as an efficient anode material allows less material to be used. This has economic benefits, but can also be important where weight is critical, for example in electric vehicle applications.

Nexeon was chosen as one of 100 companies from over 4,500 nominations. The final 100 companies came from 14 countries. In drawing up the list, Cleantech Group draws on its own data and research, and combines it with the weighted qualitative judgments of hundreds of cleantech industry insiders and the viewpoints of a 60-strong, international expert panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.

We are delighted to have been named in this important listing which represents further evidence of the significance of our technology“, said Dr Scott Brown, CEO of Nexeon. “Our technical team continues to make substantial progress in materials performance, and we already have material evaluation agreements with major corporations interested in the deployment of the technology.

Dr Brown has been invited to make a presentation at the Guardian’s Cleantech Summit in London on 23rd November where the Global Cleantech 100 will be featured.
The second Global Cleantech 100 shines a spotlight on which companies and which technology areas the global innovation community is currently most excited about from a commercial standpoint“, said Richard Youngman, MD, Europe & VP, Global Research at Cleantech Group. “The Global Cleantech 100 list represents the most rigorous, serious attempt made yet to provide a scorecard of the progress that is being made by cleantech companies.

Nexeon has recently moved to new facilities in Milton Park, Oxfordshire, where it has a purpose-built manufacturing pilot line on which the Company can demonstrate the performance of new anode materials in prototype battery cells.