Company Recognized for its Continued Commitment to Environmental Sustainability and Delivering “Measurable, Significant Environmental Benefits”
WESTBOROUGH, Mass. – May 21, 2010 – Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion batteries, has been named a 2010 Green Award winner by the Boston Business Journal (BBJ). Adding to an expanding list of environmental awards and accolades, Boston-Power joined 14 other innovative Massachusetts-based companies recognized for their commitment to combating climate change and fostering environmental sustainability.
Presented this morning at the BBJ’s 3rd annual Green Business Summit, the awards honor a select group of companies and business leaders demonstrating outstanding advances and stewardship in green innovation, invention, design and workplace policies. The awards highlight the unique ways companies make changes with everything from green construction, to reducing carbon footprints, to sustainability.
Joining Boston Children’s Museum and Wainwright Bank & Trust Co. as honorees in the Invention category, Boston-Power was lauded for its award-winning lithium-ion battery cell – Swing™. Designed to meet the stringent requirements of a wide spectrum of electric vehicle and transportation applications – such as Plug-In Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV), fully electric commercial vehicles, e-bikes and e-scooters – Swing’s high energy density, as well as extended cycle and calendar life, make it well suited for extended driving range and substantially more efficient in weight and space savings when compared to existing battery solutions. Utility energy storage applications can also capitalize on Swing.
“Massachusetts is a leader when it comes to driving innovation in clean technology,” said Boston-Power Founder and CEO Dr. Christina Lampe-Önnerud. “Boston-Power has a longstanding commitment to the environment and we believe that a company can uphold that commitment while defining new technologies, products and markets. We’re honored to receive this distinction. Together with the other winners, we look forward to continuing to play a part in fostering environmental sustainability in Massachusetts and across the world.”
“The Boston area is a hotbed for clean tech innovation, and the technological advances at Boston-Power exemplify our region’s innovative edge,” said George Donnelly, editor of the Boston Business Journal.
Dr. Lampe-Önnerud and Boston-Power have earned numerous industry and environmental recognitions, including:
• Top 10 clean technology company as part of The Wall Street Journal’s “Next Big Thing”
• World Economic Forum 2010 Technology Pioneer
• Northern Europe's Top Sustainable Leadership Award
• The Guardian and Cleantech Group’s 2009 Global Cleantech 100
Further demonstrating Boston-Power’s commitment to environmental sustainability, the company recently celebrated the third anniversary of its rechargeable lithium-ion battery cells having earned the esteemed Nordic Ecolabel accreditation. Boston-Power remains the only lithium-ion battery maker worldwide to hold such a designation. The company’s products have also earned a similar industry-first certification from the China Environmental United Certification Center (CEC).
About Boston-Power
Boston-Power, Inc. is an award-winning provider of next-generation lithium-ion battery technology. Designed to fuel a wide range of applications, its flagship offering, Sonata®, serves as the foundation for HP’s new brand of longer lasting notebook batteries that also help the environment – the HP Long Life Battery. The company’s Swing™ product delivers unmatched capabilities for Plug-In Hybrid and Battery Electric Vehicles (PHEV/BEV). Founded in 2005 and with more than 100 patents filed, Boston-Power is led by Founder and CEO Dr. Christina Lampe-Önnerud, an internationally recognized innovator, entrepreneur and technology advisor with regard to portable power, energy storage and climate change. To date, the company has raised $125 million in venture funding from Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Boston-Power is headquartered in Westborough, Massachusetts, and has Six Sigma-level mass manufacturing operations in Asia.
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Boston-Power®, Sonata® and Swing™ are trademarks of Boston-Power, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.
