Red Herring Europe announced Ecoppia as a winner in the Top 100 list.
AMSTERDAM, NETHERLANDS - April 20, 2015 - Red Herring announced its Red Herring award winners today, recognizing Ecoppia, an innovative developer of robotic, water-free photovoltaic (PV) solar panel cleaning solutions, as a winner in the Top 100 list.
Red Herring's Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring's editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
"Selecting startups that show the most potential for disruption and growth is never easy," said Alex Vieux, publisher and CEO of Red Herring. "We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Ecoppia demonstrates the vision, drive and innovation that define a Red Herring Top 100."
Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
Ecoppia designs and produces innovative photovoltaic panel cleaning solutions to cost-effectively maximize the performance of utility-scale installations. The company's water-free, automated technology removes dust from panels on a daily basis to ensure peak output, even in the toughest desert conditions. Supported by a robust control unit, systems can be remotely programmed and managed to minimize O&M costs. Ecoppia is a privately held organization, backed by prominent and experienced international investment funds and led by a team of energy and robotics experts. For more information about Ecoppia please visit www.ecoppia.com.