Ecolibrium Energy started in 2010 with the objective of reducing energy inefficiencies in Industrial and Commercial enterprises
SmartSense, developed by Ecolibrium Energy, CIIE, IIM Ahmedabad incubated organisation, supported by the International Finance Corporation and Infuse Ventures wins the 2014 Lighthouse Activity awards under the focus area of Information and Communication Technology.
The Lighthouse Activity Awards are spearheaded by the UN Climate Change secretariat to shine a light on some of the best examples of climate solutions – to inspire increased climate action around the world. This year’s winning activities include both large, game-changing solutions and small, entrepreneurial efforts. With the addition of a new focus area on information and communications technology (ICT), this year’s Lighthouse Activities encompass a wider and more diverse range of solutions than ever before.
“Our panel had the very difficult task of selecting a small group of outstanding activities from among all of the applicants,” said Teresa Ribera Rodriguez, Chair, Momentum for Change Advisory Panel. “In the end, the 12 initiatives that rose to the top of the list stood out as true beacons, shining a light on transformational climate action that challenges conventional development. These activities assist communities, cities, businesses, governments and institutions to move towards a low-carbon, highly resilient future.”
UNFCCC Executive Secretary, Christiana Figueres said, “The 2014 Lighthouse Activities show that action on climate change is not only possible but that it is already happening – injecting confidence into the global movement towards a universal climate change agreement in Paris in 2015.”
On bagging the United Nations Climate Solutions award, Chintan Soni, CEO, Ecolibrium Energy said, “2014 has been a very exciting year for us. We are humbled by this recognition from UNFCCC and is a definite highlight of this year. We are dedicated and more so now in reducing the inefficiencies in energy usage. This recognition is a matter of great pride for us and we are very excited to receive the award in Peru.”
Ecolibrium Energy started in 2010 with the objective of reducing energy inefficiencies in Industrial and Commercial enterprises, leading to lower energy costs. In a span of 4 years, the company has a footprint across the entire country and South-East Asia, with more than 450 consumers who has saved 5 per cent-25 per cent of their power consumption. This cost effective energy management solution leverages ICT to optimise energy consumption and mitigating climate change.
The 2014 Lighthouse Activities were selected by a 25-member international advisory panel as part of the secretariat’s Momentum for Change initiative, which is implemented with the support of the Bill & Melinda Gates Foundation and The Rockefeller Foundation, and operates in partnership with the World Economic Forum and the Global e-Sustainability Initiative.
Each of the 12 winning activities touches on one of Momentum for Change’s four focus areas: Urban Poor, Women for Results, Financing for Climate Friendly Investment and ICT Solutions. All 12 will be showcased at a series of special events during the UN Climate Change Conference in Lima, Peru from 1-12 December.