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Evanston firm finalist for clean energy prize

Evanston-based Energy Recovery Technologies has been named one of ten finalists competing for a top prize of $100,000 in the 2011 Clean Energy Challenge sponsored by the Clean Energy Trust.

Evanston-based Energy Recovery Technologies has been named one of ten finalists competing for a top prize of $100,000 in the 2011 Clean Energy Challenge sponsored by the Clean Energy Trust.

The Clean Energy Challenge is a business plan competition that will award a total of $130,000 in cash prizes to the best young Illinois companies with the potential to bring new clean energy technology to the marketplace. The Challenge seeks transformative business ideas from Illinois entrepreneurs working in renewable energy, low-carbon transportation, SmartGrid, energy efficiency, and carbon abatement.

After review of the applications, business materials, and technologies of over 70 entries, ERT and 9 other finalists have been chosen to present to a panel of nationally renowned venture capitalists, industry executives, and sector experts during the Midwest Energy Forum on March 3 at the University of Chicago’s Gleacher Center.

Ron Fleckman, ERT’s president and CEO said, “We are looking forward to showcasing our company and new technology. With over 90 percent efficiency, integrated control systems and web-enabled monitoring capability, our ground-breaking High Efficiency Energy Recovery Ventilator (HE-ERV) reduces HVAC-related energy costs and CO2 emissions for commercial and residential buildings by over 50 percent.”

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