SET Award 2020: Presenting this year’s SET100
The #SET100 list has been published! It contains the top 100 energy start-ups that applied for this year’s SET Award.
The scores from both the Early Metrics SET-specific start-up model and those scores provided by our high-level jury were compared, analysed, weighted and combined to produce the most promising, innovating and inspiring top 100 start-ups of 2020.
From Canada to China, from Brazil to Kenya, 570 start-ups from over 90 different countries have applied. The SET100 start-ups are competing in one of the following five categories: Renewable Energies & Materials (29), Digital Energy Systems (24), Energy Efficiency Solutions (21), Smart Mobility (13) and Special Prize: Quality Access & SDG-7 (13). In terms of technical maturity, most start-ups have already reached a stable and deployable product stage (39), have a new product or service in development (20) or a minimum viable product (18). Regarding commercial maturity, 36 start-ups have a turnover of more than €250.000, 33 start-ups have first users, paid trials or customers and 22 start-ups have already surpassed €1.2M turnover annually.
The diverse and inspiring SET100 and their solutions to fight climate change and promote the energy transition, are now available online as a complete list with descriptions for all nominated companies. The numerous applications and the high quality of this year’s SET100 was also praised by Andreas Kuhlmann (CEO of dena) who said: “This is a testament not only to the need for a response to the imminent threat of the climate change, but also to the rise of start-ups focusing on innovation in energy as a direct response. We are delighted with the scope and quality of the innovative proposals that we have received.” Dr. Angela Wilkinson (CEO of the World Energy Council) also affirmed that “the Start-up Energy Transition Award presents a unique platform to highlight and promote a next generation of responsible business energy leaders. “
Congratulations to this year’s SET100!