Solidia Technologies Named a Global Cleantech 100 Company for Fourth Year
PISCATAWAY, N.J., January 6, 2021 /3BL Media/— Cleantech Group named Solidia Technologies® a 2021 Global Cleantech 100 Company, the fourth year the sustainable cement and concrete technology company was so honored. Considered amongst thousands of innovators from across the globe, the companies recognized each year on the Global Cleantech 100 list represent the private, independent and for-profit companies best positioned to contribute to a more digitized, de-carbonized and resource-efficient future.
The 12th edition of the annual guide, this year’s list includes innovators from 15 countries, with just over half located in the U.S. and the rest hailing from Asia, Australia, Europe and the Middle East. The sectors covered include: Agriculture & Food, Enabling Technologies, Energy & Power, Materials & Chemicals, Transportation & Logistics and Resources & Environment.
“We are thrilled to be recognized as a Global Cleantech 100 Company for a fourth year as we continue bringing one of the world’s oldest and most ubiquitous industries into the 21st century with digitalization and production technologies that can move the needle on carbon quickly for the planet,” said Solidia CEO Tom Schuler. “We have taken a very complex technology and made it simple, not only to ease adoption around the world, but also to provide the construction and building materials industries a real competitive edge, with immediate cost savings, improved production, and superior product performance that make embracing sustainable innovation a smart business move."
By changing the chemistry of cement, Solidia’s disruptive technologies both reduce carbon dioxide (CO₂) emissions in cement production and consume carbon during concrete production by curing concrete with CO₂ instead of water. Combined, the processes reduce the carbon footprint of precast concrete up to 70% and enable up to 100% of the water used in production to be recycled, potentially eliminating 1.5 gigatonnes of CO₂ and saving three trillion liters of fresh water annually. Solidia's carbon-consuming curing process is a prime example of a companion technology to carbon capture, helping advance the growing trend towards carbon capture, utilization, and storage (CCUS) technologies. Solidia’s solution for ready-mix offers the potential to turn concrete carbon negative.
Solidia is pursuing the application of its technologies in the $1 trillion global concrete and $300 billion global cement markets. Solidia solutions for precast are in-market in the U.S. Launching later this year, the company’s first solution for the ready-mix market, Solidia SCM, provides a low-carbon alternative supplementary cementitious material.
The Cleantech 100 list combines Cleantech Group’s research data with qualitative judgements from nominations and insight from a global, 91-member expert panel of leading investors and executives from corporations and industrials active in technology and innovation scouting. From pioneers and veterans to new entrants, the expert panel broadly represents the global cleantech community and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem.
“We are delighted to welcome 50 companies for their first time on this year’s new Global Cleantech 100. This replacement rate speaks to the healthy maturing of this innovation ecosystem and to some specific impacts of Covid-19,” said Richard Youngman, CEO, Cleantech Group. “On the one hand, the 2021 list reflects the long-running mega-trends like decarbonization, digitization, electrification, and the ever-increasing volumes of deployed renewable energy. On the other, Covid-19’s impact is evident – for example, in the uptick in automation and robotics-enabled solutions, in logistics and supply chain solutions, and solutions in the food chain to prevent, reduce and repurpose food waste. Resilience is a new critical factor at play.”
For detailed information on Solidia’s outlook as an innovator, visit Cleantech Group’s market intelligence platform i3 and search for Solidia Technologies. Download the full 2021 Global Cleantech 100 report to see the 100 companies honored. The Global Cleantech 100 program is sponsored by Chubb, the world's largest publicly traded property and casualty insurance company.
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About Solidia Technologies®
Based in Piscataway, N.J. (USA), Solidia Technologies® is a cement and concrete technology company that makes it easy and profitable to use CO₂ to create superior and sustainable building and construction materials. At scale each year, Solidia can eliminate at least 1.5 gigatonnes of CO₂, save three trillion liters of fresh water, reduce energy consumption equal to ~260 million barrels of oil, and eliminate 100 million tonnes of concrete landfill waste, while engaging industry in a rapid, globally scalable response to some of the greatest threats facing people and planet. Solidia’s investors include Kleiner Perkins, Bright Capital, BASF, BP, LafargeHolcim, Total Energy Ventures, Oil and Gas Climate Initiative (OGCI) Climate Investments, Air Liquide, Bill Joy and other private investors. Honors include: the 2021, 2020, 2019 and 2014 Global Cleantech 100; a 2020 and 2014 Best Place to Work in NJ; 2020, 2019 and 2018 BP Advancing Low Carbon accreditation; the 2019 Solar Impulse 1000 Efficient Solutions; 2017 ERA Grand Challenge (formerly CCEMC) finalist; 2016 Sustainia 100; 2015 NJBiz Business of the Year; 2014 CCEMC Grand Challenge finalist; 2013 R&D Top 100; 2013 Katerva Award finalist; and MIT’s Climate CoLab shortlist. Follow Solidia on LinkedIn, Instagram, Twitter, and YouTube.
About Cleantech Group
At Cleantech Group, we provide research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. We bring clients access to the trends, companies and people shaping the future and the customized advice and support businesses need to engage external innovation. Industries are undergoing definitive transitions toward a more digitized, de-carbonized and resource-efficient industrial future. At every stage from initial strategy to final deals, our services bring corporate change makers, investors, governments and stakeholders from across the ecosystem, the support they need to thrive in this fast-arriving and uncertain future. The company was established in 2002 and is headquartered in San Francisco with people based in London, Paris and Boston.
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