SAN FRANCISCO, CA -- (Marketwire) -- 11/16/11 -- At a ceremony today at the 2011 Renewable Energy Markets Conference, the U.S. Department of Energy (DOE) presented 3Degrees with the 2011 Green Power Leadership Award for Non-Utility Green Power Supplier of the Year.
This is the fifth year in a row that 3Degrees has received the honor, which is awarded by the DOE to companies that have demonstrated exceptional achievement over the past year in helping build and meet demand for renewable energy through market-based mechanisms. 3Degrees has received the DOE's Green Power Leadership Award every year since the company was founded in 2007.
'Having now been named Non-Utility Green Power Supplier of the Year for the fifth straight year, my primary reaction is one of gratitude,' said Dan Kalafatas, CEO of 3Degrees. 'Gratitude to all of the people, on the 3Degrees team and throughout the industry, whose commitment to renewable energy has helped build the green power market into what it is today.'
Growing Industry Leader Dedicated to Its Mission
The award culminates a year of green power industry leadership for 3Degrees. Further examples of 3Degrees' leadership in the growing green power market include:
- 3Degrees' announcement yesterday that, together with its utility partners, it will soon offer green power options to over 7.7 million residential and commercial utility customers in seven states
- 3Degrees' recognition as the first company in North America to secure the Climate Registered Silver designation for its commitment to sustainability
- Being named to the Inc. 500|5000 list of the nation's fastest growing private companies for the second year in a row
- Environmental Finance Magazine ranking 3Degrees the Best Trading Company, Renewable Energy Certificates, North America in its 2010 Market Survey
'Industry awards affirm the importance of our mission to mitigate the impact of climate change and motivate us to redouble our efforts to increase demand for, and the supply of, green power,' said Kalafatas.
About the Award
The U.S. Department of Energy (DOE) co-sponsors the Green Power Leadership Awards with the U.S. Environmental Protection Agency (EPA) and the Center for Resource Solutions (CRS). Each organization recognized has helped advance the development of the Nation's green power markets through the creation of successful green power programs. The goal of green power programs is to provide market-based choices for electricity consumers to purchase power from environmentally preferred sources.
For the 2011 Green Power Leadership Awards, three separate panels of judges reviewed over 100 nominations. Nominees in DOE's supplier category were evaluated based upon the resources and technologies utilized, total annual renewable energy sales, number of customers served, market impact, amount of green power supplied, and overall value provided to participants.
For more information on DOE's Green Power Leadership Awards and the award recipients, visit The Green Power Network website.
3Degrees' mission is to mitigate the effects of climate change by accelerating the low-carbon, renewable energy economy. 3Degrees realizes this mission by helping its utility, business, LEED green building, and other partners utilize environmental commodities to build stakeholder value. Through these partnerships, 3Degrees increases demand for Renewable Energy Certificates (RECs) and carbon offsets, channels capital to renewable energy and carbon reduction projects, and improves the efficiency of environmental markets.
Winner of the U.S. Department of Energy's Green Power Leadership Award for five straight years, 3Degrees is headquartered in San Francisco, California and operates regional offices in Portland, Oregon; St. Louis, Missouri; Seattle, Washington; and Richmond, Virginia. To learn more, visit www.3degreesinc.com.