GreenVolts Selected by AlwaysOn as a GoingGreen Top 100 Winner

Filed under: News
September 4, 2008

Press Contact:
Michael Azzano
Cosmo PR for GreenVolts
415.596.1978
michael@cosmo-pr.com

GreenVolts Selected by AlwaysOn as a GoingGreen Top 100 Winner

Utility-scale solar technology company recognized for innovative technology and progress within the industry

SAN FRANCISCO, CALIF. - September 04, 2008 - GreenVolts, a leader in concentrating photovoltaic technology, today announced that it has been chosen by AlwaysOn as one of the GoingGreen Top 100 Winners. Inclusion in the GoingGreen 100 signifies major developments in the creation of new business opportunities in the green technology industries. GreenVolts was specially selected by the AlwaysOn editorial team and other industry experts spanning the globe, based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

GreenVolts and the GoingGreen Top 100 Companies will be honored at GoingGreen 2008, scheduled to occur on September 15-17, 2008 at Cavallo Point in Sausalito, CA. This two-and-a-half-day executive event will feature CEO presentations and high-level debates on the most promising emerging green technologies and new entrepreneurial opportunities.

“The GoingGreen Top 100 winners have excelled in key strategic areas in the global clean energy technology markets,” said Tony Perkins, founder and CEO of AlwaysOn. “We congratulate them for their success in introducing new tools, services, and systems that are driving the next phase of greentech innovation and transforming the biggest industries on earth.”

GreenVolts is a utility-scale solar technology company delivering wholesale-distributed generation solutions that can produce the world’s lowest cost solar energy on a massive scale. The company has developed state-of-the-art concentrating photovoltaic technology that achieves unparalleled solar-to-electricity conversion efficiency through an innovative integration of optics and solar tracking.

Like central station power plants, GreenVolts’ technology is a complete power plant designed for delivering the lowest levelized cost of energy; yet similar to traditional rooftop solar panels, GreenVolts’ power plants are sited close to loads, increasing efficiency and further reducing cost.

About AlwaysOn

AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a community blog network. In 2004, AlwaysOn continued to lead the industry in innovation by engaging its bloggers in a social network. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, OnHollywood, Breakout, OnMedia, GoingGreen, NordicGreen, and Venture Summits East and West) and quarterly print “Blogozine.” No other media brand has dared to create such open interaction with its readers and event participants.

About GreenVolts

GreenVolts, Inc., based in San Francisco, was founded in 2005 to deliver solar power at costs competitive with those derived from fossil fuels. The company’s breakthrough concentrating photovoltaic technology efficiently integrates tracking and optics into a system that dramatically lowers energy cost. In addition, the low-profile tracker design minimizes issues associated with wind loading and eliminates the need for concrete supports to allow for rapid deployment. Through low cost, high efficiency systems, the company can access large markets previously inaccessible to solar. GreenVolts is currently developing the initial phase of a two-megawatt facility in Byron, California, under a 20-year power purchase agreement with Pacific Gas & Electric.

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