Press Release: The Winners of the SET Award 2022

21st September 2022

Press ReleaseGlobal

The Winners of the SET Award 2022 

The Start Up Energy Transition Awards, powered by us & German Energy Agency (dena) are an international competition for start-ups & young companies worldwide that are creating innovative solutions to accelerate energy transition.

This press release was first issued by German Energy Agency (dena).

21 September 2022: The winners of the award for innovative start-ups in the energy transition have been announced: Start Up Energy Transition (SET), an initiative of the German Energy Agency (dena), presented five young companies with the sixth SET Award at the SET Tech Festival in Berlin on Tuesday, 20 September. In different categories, they showed how innovative ideas accelerate the global transformation towards climate neutrality and independence from fossil fuels – and thus make a decisive contribution to shaping the energy world of tomorrow.

The finalists of SET Tech Festival & Award 2022. Image: dena/Maximilian Grosser.

The finalists of SET Tech Festival & Award 2022. Image: dena/Maximilian Grosser.

This year’s SET Tech Festival, which was held on Tuesday under the motto “Stories of Energy Transition”, brought together numerous international start-ups, the energy industry, investors, researchers and political actors. More than 100 young companies from the energy sector had the opportunity to make their innovations visible and to gain impact in the global energy transition, with 210 official meetings between energy stakeholders and innovators taking place. During the evening Award Ceremony, a total of five out of fifteen finalists were awarded in the following categories: Clean Energy Generation, Demand-side Innovation, Energy Distribution & Storage, Smart Mobility & Transportation and Quality Access & SDG-7.

Andreas Kuhlmann, Chairman of dena’s Executive Board, said:

“These great examples of smart energy solutions make me optimistic about the future, despite the current crises. There are so many good ideas on how we can become independent of fossil fuels and transform our global energy system. Now we need to implement them as quickly as possible. We are doing our part with SET, together with the World Energy Council, by bringing start-ups together with funders and established companies to turn original ideas into reality.”

The Winners of the 2022 SET Awards

The 15 SET finalists, selected from 360 applications from 69 countries in spring 2022, presented their ideas to an international jury of experts at the SET Tech Festival. The five winning start-ups were announced live from the Heeresbäckerei during the SET Award Ceremony. The winning start-ups in the five award categories are:

Clean Energy Generation

Modvion, Sweden: Modvion develops demanding designs made of laminated wood, nature’s carbon fibre, for large-scale applications. Thanks to their patented module system, Modvion has been able to develop the next generation of wind turbine towers that enables climate-neutral wind power at lower total cost.

Category Demand-Side Innovation

NEU Energy, Colombia: NEU Energy is reinventing the process of producing and consuming energy. As a next generation AI-driven elec-tricity retailer, their goal is to digitalise and democratise clean energy to lower costumer’s energy bills.

Energy Distribution & Storage

Green Li-ion, Singapore: Green Li-ion has developed a technology that fully rejuvenates Lithium-Ion batteries, with a zero toxic discharge. Their unique innovation not only helps to reuse precious materials but also speeds up the current recycling pro-cesses and drastically lowers costs.

Smart Mobility & Transportation

Pantonium, Canada: Pantonium develops on-demand, macro-transit solutions allowing a scalable, pop-up transportation service anywhere. Their software builds and self-adjusts routes and schedules in real-time, based on dynamic changes, delays, cancellations and more without any need for human intervention.

Quality Energy Access & SDG-7

Jaza Energy, Canada: Jaza Energy provides access to clean electricity in rural villages in Tanzania and Nigeria through solar energy hubs. Each hub is operated by local women and offers customers home electrification kits and rental battery packs.

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