CleanEquity Monaco rewards best disruptive eco tech

9 March 2016
By Vitali Vitaliev
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At CleanEquity Monaco, the annual international conference held in Monte Carlo, start-up companies and inventors in search of funding have been recognised for their contributions to the development of green technologies.

A mobile grid systems by Smart Wires consisting of two easily deployable products (PowerLine Guardians and Tower Routers); Cranfield University’s “It’s Fresh!” discreet high-tech filter that removes the ripening hormone from food products and thus helps to maintain their freshness and flavour in a secure and sustainable way; and a construction system by “Q x Q” (“Quality by Quantity”), providing a luxury and environmentally friendly accommodation inside standard shipping containers that can be adapted to client’s brief and deployed anywhere in the world, were just three of the 27 disruptive new technologies presented at the latest CleanEquity Monaco Conference – a unique international gathering bringing together investors and inventors in the field of green technologies from all over the world.

Hosted by Innovator Capital and the Monaco Economic Board, the 9th CleanEquity Conference, first held in 2008, culminated with a traditional awards ceremony, addressed by the event’s patron and co-founder HSH Prince Albert II of Monaco, who also presented the awards to the winners in three clean-tech categories.

In the environmental technology research category, the award was won by Lightrbridge, a nuclear fuel design company based in Reston, Virginia, USA. Its entry was an all-metal fuel assembly, comprised of entirely metallic fuel rods and capable of increasing the power output in existing PWRs by 17 per cent, with 1,000 degrees reduction in the average fuel-operating temperature.

In the field of environmental technology development, the winner was Desolenator, an international clean energy company, for a new clean-tech solution to harvest the power of the sun for water desalination and purification. This technology can make a huge difference in trying to solve shortages of drinking water in the developing world.

The environmental technology commercialisation award was won by the UK's Drayson Technologies for FreeVolt, a pioneering method of harvesting energy from wireless radio frequency networks to power low-energy electrical devices. This could eliminate the need for batteries and chargers, as previously reported by E&T last year.

At the closing ceremony, Mungo Park of Innovator Capital, one of the Conference organisers, told E&T that he was very pleased with the level of the technologies presented and was hoping that next year’s CleanEquity would attract even more innovative clean tech companies. “Our main goal is to assist emerging clean technology companies to reach their goals,” he said.

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