MTPV Power Corporation, a clean energy company that coverts heat to electricity using semiconductor chips, today announced it was named in the prestigious 2014 Global Cleantech 100, produced by Cleantech Group.

The Global Cleantech 100 represents the most innovative and promising ideas in cleantech. Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, Global Cleantech 100 is a comprehensive list of private companies with the highest potential to make the most significant market impact. The complete list of 100 companies was revealed on October 6th at the Global Cleantech 100 Summit & Gala in Washington, D.C.

“This is quite an honor,” said David Mather, President and CEO of MTPV. “Being named to the 2014 Global Cleantech 100 is a testament to the years of hard work of the MTPV team as well as the great support of our investors."

The Global Cleantech 100 list of leading companies is collated by combining proprietary Cleantech Group research data, with weighted qualitative judgments of hundreds of nominations, and specific inputs from a global 84-person Expert Panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.

“The Global Cleantech 100 represents the most inspiring array of entrepreneurs across the cleantech space that are at the forefront of innovation,” said Sheeraz Haji, Cleantech Group’s CEO. “It is a true honor to gather with the global cleantech community every year to recognize and celebrate the achievements of each of the top 100 companies as they continue to solve tomorrow’s energy and resource challenges and redefine sustainable innovation.”

This year, a record number of nominations were received: 5,995 distinct companies from 60 countries. These companies were weighted and scored to create a short list of 327 companies. Short-listed nominees were reviewed by Cleantech Group’s Expert Panel, resulting in a finalized list of 100 companies from 17 countries. The 84-member expert panel was drawn equally from leading financial investors and representatives of multi-national corporations and industrials active in technology and innovation scouting across Asia, Europe, and North America. The composition of the expert panel broadly represents the global cleantech community, from pioneers and leaders to veterans and new entrants. The diversity of panelists results in a list of companies that command an expansive base of respect and support from many important players within the global cleantech innovation ecosystem.