Alternative Energy Resources (AER), the alternative energy company which supplies bioethanol to the Irish market and is developing algae-fuel technology for the worldwide market, has been awarded the national ‘Rising Star’ Award at the 2009 Deloitte Technology Fast 50 Awards.
The Fast 50 Programme, now in its 10th year in Ireland, ranks the 50 fastest growing technology companies, operating for a minimum of 5-years, in the Republic of Ireland and Northern Ireland. The ‘Rising Star’ Award recognises younger technology companies with the fastest growth over the past three years.
On receiving the Award, John Travers, CEO, AER said, “I am delighted to accept the award on behalf of our wider team of colleagues and partners, who have enabled AER to grow successfully over the last three years and position us for future sustainable growth.”
Mark Webster, Sunday Business Post, John Travers, AER and James Grier, Ulster Business
AER, which is based in NovaUCD, the Innovation and Technology Transfer Centre, is a leading Irish alternative energy company with a world class performance record in three key areas; production and supply of sustainable biofuels in the Irish market, next generation biofuels research and development, alternative energy strategies for international energy companies and government agencies.
AER recently signed an exclusive worldwide licence with the National University of Ireland in Galway for technology which converts algae to fuel, following several years of successful development collaboration and investment from AER and Enterprise Ireland.
There were two winners of this year’s Rising Star category. AER was the Republic of Ireland’s winner, while Learning Pool, an e-learning provider for the public sector was the Northern Ireland winner.
The 2009 Deloitte Technology Fast 50 Awards took place last week in Clontarf Castle.
Click here for the complete 2009 Deloitte Technology Fast 50 rankings.
ENDS
20 October 2009
For further information contact Micéal Whelan, NovaUCD, e: miceal.whelan@ucd.ie, t: +353 (0)1 716 3712.
Editors Notes
Alternative Energy Resources (AER) is a leading alternative energy company based in Ireland. It supplies bioethanol to the Irish market, develops sustainable next generation biofuel technology, conducts feasibility assessments for fuel production in Europe, Africa and the Americas, and works with international energy companies to develop alternative energy strategies.
John Travers has extensive experience in the energy and consulting sectors. He has worked for 14 years in the energy industry, spending 5 years at Shell International in Holland as an operations manager and subsequently commercialising Shell technologies for the worldwide oil and gas industry. He joined McKinsey management consultants for 4 years and worked as a manager specialising in energy. He led consulting projects at international companies and governments in London, Dublin, Houston and Tanzania. He holds an engineering degree from UCD and an MBA from Harvard University. He has published a book on Irish Enterprise Spirit.
NovaUCD is University College Dublin’s Innovation and Technology Transfer Centre. Twenty-four knowledge-intensive companies, including AER, are currently located in NovaUCD. NovaUCD has been funded through a unique public-private partnership that includes AIB Bank, Arthur Cox, Deloitte, Enterprise Ireland, Ericsson, Goodbody Stockbrokers, UCD and Xilinx.