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Viridi Parente Named a Finalist for 2021 S&P Global Platts Global Energy Awards

·3 min read

BUFFALO, New York, October 28, 2021--(BUSINESS WIRE)--Viridi Parente, Inc., a developer of safe lithium-ion technology that is deployed into applications historically dominated by fossil fuel energy sources, was named a finalist in the 23rd annual S&P Global Platts Global Energy Awards for the Commercial Technology of the Year category.

S&P Global Platts, the leading global provider of energy and commodities information and spot market benchmarks, recognized Viridi Parente's Green Machine technology, a quiet, fully renewable mobile energy solution to products in construction equipment, waste disposal, last-mile delivery, and other portable industrial markets. Green Machine is the first commercially proven clean equipment technology addressing the heavy construction equipment industry. In addition to being a greener, quieter option for jobsites, Green Machine equipment outperforms its fossil-fuel-powered counterparts in every metric.

"As the first battery power system made available to the construction market, Green Machine is a pioneer in this industry sector and continues to set the industry standard for quality, safety, reliability, and performance," said Jon M. Williams, chairman and CEO of Viridi Parente, Inc. "This nomination is a testament to the years of research and field testing that has gone into this groundbreaking technology, and we appreciate S&P Global Platts' recognition of our Green Machine platform."

The Commercial Technology of the Year award recognizes companies that have applied new technology to pursue efficiency, business advantage, impact, and profit and have successfully navigated these technologies from concept to commercialization. Companies must have a commercially applied innovation that shows the significance of their technology in relation to emissions reduction, practicality, reliability, and overall commercial success.

S&P Global Platts Global Energy Awards recognizes achievements in innovation, leadership, and company performance in 22 categories spanning the entire energy complex. The winners will be announced during a Gala in New York City on December 9, 2021. To view the complete list of Award categories and finalists, as well as more information on the Awards and upcoming ceremony, visit the website: www.globalenergyawards.com.

About Viridi Parente

Viridi Parente (Viridi) is a disruptive energy company in Buffalo, New York, that is changing the way we use energy, improving systems, communities, and lives. Viridi deploys safe battery technology into applications that have been historically dominated by fossil fuel energy sources. Its innovative architecture is constructed from materials used for aerospace and military applications and is the only design in the market that can be safely installed and operated in nearly any environment or location. Through its subsidiary, Green Machine Equipment, Viridi is bringing quiet, fully renewable mobile energy solutions to products in construction equipment, waste disposal, last-mile delivery, and other portable industrial markets. Through its subsidiary, Volta Energy Products, Viridi brings stationary, point-of-use storage technology that is safe, locatable, and reliable to industrial, medical, commercial, municipal, and residential building applications. Learn more at: www.viridiparente.com.

About S&P Global Platts

At S&P Global Platts, we provide the insights; you make better-informed trading and business decisions with confidence. We're the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing, and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture, and shipping. S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for companies, governments, and individuals to make decisions with confidence. For more information, visit http://spglobal.com/platts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211028005222/en/

Contacts

Mercom Communications
Wendy Prabhu
Tel: 1-512-215-4452
Email: viridi@mercomcapital.com

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