Ascend Elements, a U.S.-based battery recycling and engineered materials company, was today named to the Global Cleantech 100 list for the second year in a row. The Cleantech Group considers the 100 companies on the list to be the top innovators in the climate tech space, “with the technologies and determination to take us from commitments to actions in the sprint to net zero.”
Ascend Elements is commercializing its patented Hydro-to-Cathode™ direct precursor synthesis technology, which transforms used lithium-ion batteries and manufacturing scrap into new, sustainable precursor (pCAM) and cathode active materials (CAM) for electric vehicle batteries. The process is recognized as the most efficient and economical way to return used lithium-ion battery materials to the EV battery supply chain.
“We are honored to be on the Global Cleantech 100 list again this year and we applaud the other companies on the list,” said CEO Mike O’Kronley of Ascend Elements. “It’s inspiring to see so many different companies working for climate action.”
More than 15,000 companies were nominated for the list. The Cleantech Group staff narrowed the list to 330 companies that were then reviewed by an 81-member expert panel. The Global Cleantech 100 Expert Panel is made up of leading investors, corporate and industrial executives who are active in technology and innovation scouting.
The Global Cleantech 100 program has been running since 2009.
“This Global Cleantech 100 edition is remarkable for the number of businesses in it who represent solutions for some of the hardest of decarbonization challenges and those who are working on some of the critical materials issues coming our way, real soon,” said Richard Youngman, CEO, Cleantech Group. “We salute not only these 100 companies, but all the thousands beyond, who are fighting the good fight.”
The companies will be recognized at the upcoming Cleantech Forum North America on January 23-25 in Palm Springs, CA. Attendees will have the opportunity to connect with many of the companies on the list, along with many other rising stars.
Cleantech® Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.
Thomas Frey, APR | Ascend Elements | [email protected]