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Product category: Solar Energy Services
News Release from: Solarcentury
Edited by the Buildingtalk Editorial Team on 29 September 2005

Solarcentury 25th fastest growing techno
company

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Solarcentury, the UK's leading solar energy providers were ranked 25th fastest growing British technology company in the Sunday Times

solarcentury, the UK's leading solar energy providers were ranked 25th fastest growing British technology company in the Sunday Times at a time when oil prices and concern over global warming reach an all time high With a 113 per cent increase in sales, solarcentury beat other leading companies to be ranked as Britain's primary renewable technology provider

Intelligent Energy, leading fuel cell technology developers were ranked third, demonstrating the scope of growth in the clean energy market.

Jeremy Leggett, solarcentury CEO said: "It is immensely encouraging to receive national recognition for our technological innovation driving forward alternative, clean energy".

"At a time when global warming-related events, are devastating our environment this award proves that the renewables present a real and financially viable alternative." Hurricane Rita's eventual course spared both big cities and major oil installations from direct impact, limiting the scale of damage.

"This latest event in a series of ever increasing environmental catastrophes demonstrates the vulnerability of our present energy system to the effects of global warming," says Dr Leggett.

"Renewable energy presents a practical alternative to the conventional carbon-based economy and - with energy efficiency - is the only technology which realistically tackles the cause of the problem." Surveys show a steadily rising concern among the public about climate instability, regardless of political affiliation, gender, financial status, or education level.

A recent National Science Foundation-sponsored survey found over 90% of Americans polled think the US should reduce its greenhouse gas emissions.

Margaret Beckett, the UK Environment Secretary, laid out the case for a profit-driven approach.

"The rewards that will flow from a successful shift to a low-carbon economy are high".

"Neither governments nor business can afford to let these opportunities pass them by." Sebastian Gallehr, chief executive director of the European Business Council for Sustainable Energy, is even more specific about what is needed".

""Neither downtalk climate change nor lament it".

"Instead, highlight the potentials, shift R and D resources, provide incentives and reward climate pioneers." solarcentury have been investing in renewables, and encouraging the government to do the same for over five years now.

Dan Davies, solarcentury's Chief Technology Officer said: "Our continued investment in the development of 21st century energy products and effective partnerships has maintained our leadership position in the market since 1999".

"We continue to build on this position and look forward to further exciting developments in the coming financial year." The '25th fastest growing British technology company' accolade follows a year of achievements for solarcentury, who were tripple winner of HM Treasury "INNER CITY 100" Awards including second fastest growing UK Inner City Company.

Despite the obvious benefits and proven track record of renewable energy the industry continues to face growing uncertainties as the government deliberates over the latest grant programme.

The Major Demonstration Programme, which provides grants for solar photovoltaics, was originally scheduled to run from 2002-2012 but is now set to finish as early as April 2006.

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