D.C.-based GridPoint Inc. was chosen as the overall winner of the Going Green 100 Top Private Companies list.
The list, compiled by media company AlwaysOn, recognizes companies that develop environmentally friendly technology.
Compiled for the first time this year, the list taps firms in such industries as biofuel and agriculture, energy management and efficiency, and energy storage.
Companies are nominated by their peers, such as venture investors and industry experts, according to a Monday news release.
GridPoint was recognized for inventing a “smart grid” platform that uses information technology to regulate energy use for utilities.
During peak demand time, utilities can release stored power into the grid and reduce impact on consumers at a more gradual rate.
They can, in turn, offer the system to their customers, who are able to use the system as a sortof generator, as well as a monitor of their energy use, GridPoint Chief Operating Officer Karl Lewis said.
“This is really coming from the folks in the investment community,” Lewis said of the award. “To be given this during such an exciting time period — with such a mad rush into investing into clean technologies — and be put ahead of things like solar panels, it’s pretty significant for us.”
AlwaysOn did not rank the remaining 99 companies on the list, most of which were based on the West Coast.
Alexandria-based H2Gen Innovations was among the recognized companies.
The firm designs and manufactures hydrogen generators and gas purification plants.
