Renewable energy startup Enexor selected for Plug and Play Energy and Sustainability Accelerator to drive bioenergy agenda across Asia

Renewable energy startup Enexor selected for Plug and Play Energy and Sustainability Accelerator to drive bioenergy agenda across Asia

Published: 03-12-2021 15:41:32 | By: Bob Koigi | hits: 3400 | Tags:

Enexor BioEnergy, LLC, of Franklin, Tenn., manufacturer of a renewable energy and carbon conversion solution to help solve the world’s organic, biomass, and plastic waste problems, has announced that it has been selected into the prestigious Plug and Play Energy and Sustainability Accelerator to launch renewable energy pilots with corporations across Asia.

Plug and Play’s Energy and Sustainability Accelerator is a 3-month program sponsored by the Plug and Play Tech Center (“Plug and Play”), the world’s largest early-stage investor, accelerator, and corporate innovation platform which has been recognized as the “most active Silicon Valley venture capital firm” and was an early investor in Google, PayPal, and Dropbox. This Accelerator will match Enexor with industry leading Asian energy and industrial corporations. This selection builds on Enexor’s relationship with Plug and Play Asia Pacific which in 2020 selected Enexor BioEnergy as a winner of its Asia-Pacific Travel & Hospitality program sponsored by The Asian Development Bank and The Pacific Asia Travel Association.

Lee Jestings, Founder and CEO, Enexor: “We are excited to partner with major corporations and hospitality/resort operators across Asia who desire to reduce their Carbon and Plastic Footprint while gaining greater access to renewable energy.  Our goal is to install 100MW+ of distributed, renewable energy in Asia while diverting millions of tons of organic and plastic waste from ending up in landfills, rivers, or oceans.”

Enexor’s patented Bio-CHP system converts almost any organic, plastic or biomass waste into reliable, renewable power and thermal energy while concurrently reducing carbon emissions, creating carbon and plastic credits, and ultimately mitigating climate change. Modular and easily transportable, the plug-and-play design of this powerful system allows for quick deployment and on-site mobilization in most places around the world. Enexor’s unique business model also enables immediate cost savings and environmental sustainability for its customers.

This selection builds on an exciting year for Enexor, which saw it quickly being recognized across the world as a leading renewable energy solution to combat Climate Change. Notably honors in 2021 have included securing a large Series A investment from BorgWarner Inc. (NYSE: BWA), being selected into the 100+ Accelerator sponsored by AB InBev (NYSE: BUD), Unilever (NYSE: UL), Coca-Cola (NYSE: KO), and Colgate-Palmolive (NYSE: CL), Google’s (NASDAQ: GOOGL) Climate Change Accelerator, Halliburton Company’s (NYSE: HAL) Clean-Tech Labs Accelerator, and winning the United Nations World Tourism Sustainable Development Goals Startup Competition out of 10,000 applicants from 138+ countries.

www.enexor.com

www.plugandplaytechcenter.com