Swedish companies Meva Energy, Mycorena and SoletAer filled the podium at the EU-China Cleantech Competition 2018 in Nanjing.
The EU-China Cleantech Competition 2018 is a part of CleanConnect 2018, which is held in Nanjing each year. The three awarded companies this year were all Swedish!
Following a detailed scouting, some 35 European sustainability tech companies were invited to Copenhagen in September to meet with Chinese investors and potential partners and to participate in the EU-China Cleantech Competition. This resulted in five companies being selected as finalists and to participate in the CleanConnect 2018 summit in Nanjing.
Yesterday, Nov 15th, the final presentations and evaluations took place resulting in the jury selecting Meva Energy as first prize winner.
Dr Rong Xu, CEO of Umore and head of the organizing committe of CleanConnect comments:
Meva Energy´s innovative biomass gasification technology faces a strong market interest in China. There is a substantial need for circular conversion technologies both in order to reduce and valorize waste streams and in order to produce renewable energy. Further, Meva Energy’s approach of producing low-calorific biogas instead of pure biomethane or SNG is a very relevant business model to cut production costs of renewable energy.
In second place we find Mycorena, a biotechnology company that builds waste management solutions for food processing industries.
In third place we have SoletAer, who combines solar heat with a built-in heat pump, which provides hot water that is good for both your economy and the environment.
CleanConnect 2018 is the 5th edition of CleanConnect, an annual cross-border investment & cooperation Cleantech event in China. CleanConnect focuses on 1-1 business matching with the aim to help companies find potential partners or investors through 2 days of intensive business matching and forums. It is one of the single most effective Cleantech events where any foreign company can meet top Chinese environmental companies at one place.