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Cork's Nualight in global top tech 100

Tuesday, October 16 11:19:18

Cork firm Nualight has been listed in the Global Cleantech 100, which highlights companies most likely to make a significant market impact in the next 5-10 years, it was announced today.

The ranking, which is compiled by the Cleantech Group, gives a snapshot of the most significant innovative clean technology companies in the world right now. This year's Global Cleantech 100 received a 25pc increase in nominations - 8,285 in total. Cleantech Group is a global company with offices in North America and Europe which focuses on innovation in the cleantech sector.

Dr Liam Kelly, Nualight CEO, said the listing was welcome recognition for the company's ongoing expansion drive. "Nualight is now recognised as a market leader in LED lighting for food retail, both in terms of technology innovation and applications know-how. We welcome this acknowledgement from the global cleantech innovation community and look forward to delivering real benefits to our food retail customers in terms of optimising store performance and enhancing customer experience."

The list represents the collective opinion of hundreds of individuals within the wider global cleantech innovation community. They were asked which 100 of today's private cleantech companies are the most likely to make the most significant market impact over the next 5-10 years. Nualight's Zest system, its radical new approach to retail accent lighting, has also recently won the Interior Luminaires category of the Lighting Design Awards in London along with a Red Dot Design Award.

Nualight is backed by Climate Change Capital, which had four of its Private Equity Fund investee companies listed in the Global Cleantech 100.

Led by Dr. Liam Kelly, a leading authority in LED lighting, Nualight is also funded by ESB Novus Modus, 4th Level Ventures and the Quinn retail family. This unique combination of LED technology, cleantech expertise and food retail experience makes Nualight a powerful partner for retailers who wish to drive footfall to their food displays while delivering on their sustainability agenda.