Annex Power, a leader in Southeast Asia for large-scale solar, biogas, wind and other renewable energy solutions, has received the prestigious Frost & Sullivan Entrepreneurial Company Award, honoring the most promising renewable energy companies in the Asia Pacific region.
“It is an honor to receive this latest recognition,” said Daniel Gaefke, Managing Director of Annex Power. “Annex Power is committed to providing its customers with the best independent renewable energy solutions they need in these rapidly emerging energy markets. We pride ourselves on being technology agnostic and being able to offer the most suitable, customized solution for our customers.”
The Frost & Sullivan team selected the most innovative companies from a large pool of candidates in the region. The nominees are reviewed based on both qualitative and quantitative criteria such as product and technology innovation, growth strategy and implementation, leadership in customer value and speed of response to market needs. For the past 9 years on a global platform and 6 years in the Asia Pacific, Frost & Sullivan Awards have been presented to companies across industries commending their diligence, commitment, and innovative business strategies required to advance in the global marketplace.
Frost & Sullivan (www.frost.com) has 1,800 analysts, strategists, visionaries and growth consultants, in its 40 global offices covering more than 300 industry segments and 1,000 technologies. Every year, Frost & Sullivan tracks more than 250,000 companies to identify best practices and excellence across a variety of facets, ranging from growth strategy and competitive strategy to customer satisfaction and technology innovation.
Annex Power has recently completed the first phase of the largest commercial solar power-plant in Southeast Asia for Yanhee Solar, located in Ayutthaya, 70km north of Bangkok. Annex has recently signed additional large-scale solar developments in the region and is also pioneering the first European-style biogas systems (continuous stirred-tank reactor) utilizing food processing waste. Based in Bangkok, Annex has satellite offices in Singapore and Germany.