Analysis

Estonia’s Elcogen branded Europe’s most innovative business

Estonia’s manufacturing company Elcogen has been named Winner of the Innovation category in the Grand Final of this year’s European Business Awards.

“Elcogen has reached the gold standard for business excellence by winning this Award,” said Adrian Tripp, CEO of the European Business Awards said. “They are a powerful example of a business meeting the challenges of a hugely competitive global marketplace, achieving phenomenal success, and making a positive difference to the world we live in. They deserve their success and we wish them well.”

“Our technology enables world-leading industrial companies to deliver clean power generation and storage solutions to the mass market,” commented Enn Õunpuu, CEO and founder of Elcogen. “Today it is innovation. But I hope that the hydrogen society will soon become a common idea. The Innovation Prize will help us deliver the message of the need for green technology to politicians, industrialists and most importantly – consumers in Europe and worldwide.”

Elcogen is the world’s most advanced manufacturer of ceramic anode-supported solid oxide cells and stacks. Its proprietary cells and stacks deliver market-leading electrical efficiency and are positioned to achieve market-enabling lifetime and cost levels.

Photo: Elcogen’s official website