Tech Startup Receives Clean Energy Award

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An Anderson-based company is celebrating a regional honor that recognizes outstanding female entrepreneurship. Go Electric Inc. was awarded the Female CEO Prize at the 2014 Clean Energy Challenge. April 16, 2014

News Release

ANDERSON, Ind. - Go Electric Inc., a green tech startup and Woman Owned Business headquartered at the Flagship Enterprise Center, was awarded the $50,000 Female CEO Prize at the 2014 Clean Energy Challenge. The prize, contributed by Commonwealth Edison and the Clean Energy Trust, recognizes outstanding female entrepreneurship.

The Clean Energy Challenge is the Midwest's leading showcase for clean energy innovation. The annual event brings together entrepreneurs, investors, industry experts and leaders. The Challenge combines a business plan competition for Midwestern entrepreneurs, researchers and students with presentations by leading clean energy thinkers and doers. Since the event launched in 2010, Clean Energy Challenge competitors have been awarded over $750,000 in prize money, raised more than $40 million in follow-on funding and benefitted from the Clean Energy Trust's network of over 200 mentors and 160 industry partners.

"I am thrilled with not only the award but also the outstanding mentoring Clean Energy Trust provided during the Challenge," said Lisa Laughner, Founder, President & CEO of Go Electric.

"The industry contacts and the feedback we received about our Blinkless micro grid technology was invaluable."

Go Electric is developing Blinkless micro grid technology and in 2013 received a $2.99 million SBIR RIF contract to deliver a 2MW Blinkless micro grid for the SPIDERS project at Camp Smith, HI.

About Go Electric Inc.

Go Electric Inc. designs, develops and manufactures micro grid control systems and turn-key micro grid solutions that seamlessly integrate grid power, renewable energy, generator, and battery power for maximum energy reliability and energy efficiency with reduced fuel consumption. The patented Blinkless technology offers superior capability over UPS systems due to its higher energy efficiency and capability for load management, peak shaving and dispatchable storage. Go Electric Inc. is headquartered in Anderson, Indiana at the Levinson Center at Flagship Enterprise Center. For more information about the green tech start-up company, visit www.GoElectricInc.com.

Source: Go Electric Inc.