Press releases

Moventas wins Global Cleantech Cluster Association’s Later Stage Award

GCCA announced the ten award-winning cleantech companies in Dublin, Ireland, on 14 November. Moventas won the Wind category. The finalist companies spanned North America, Europe and Asia, representing the most innovative technology companies in the world. The finalists were judged by 28 cleantech venture capitalists, investors and serial entrepreneurs who manage $3.5 billion in clean technology investment.

- We highly appreciate this recognition of our technical developments by independent assessors. This validates our position as one of the most advanced wind gear suppliers. The award confirms that Moventas R&D has once again shown its expertise in innovations that reduce the cost of energy. This benefits both our customers and end users, points out President & CEO of Moventas companies, Jukka Jäämaa .

The GCCA Later Stage Award winners were selected from an original pool of 4,000 eligible companies represented by the GCCA’s 33 member clusters. Each cluster conducted internal evaluations to nominate up to 10 companies in the 10 award categories. In total, these member clusters nominated 185 companies for the 2011 Later Stage Award. That number was later narrowed to the Global Top 30 semi-finalists and to the final Top 10 winners.

GCCA is an independent, reliable and credible voice filtering out the noise in the Cleantech arena.  GCCA is headquartered in Atlanta, GA as a Nonprofit Organization as a gateway for global collaboration.

About Moventas

Moventas is a wind gearbox technology expert and service provider. Moventas’ technology strives for lowering the cost of energy across the lifecycle of wind energy generation, from superior gearbox design and manufacture to extensive multi-brand service for 20 different turbine brands' gearboxes globally.