Cleantech Venture Network Announces European Cleantech Award Winners for 2007

The Cleantech Venture Network(R), a Cleantech Group(TM) company,
announced today the winners of its European Cleantech Awards for 2007.
The awards will be presented during Cleantech Forum XIII at the
Frankfurt Marriott on May 14-16, 2007.

The Cleantech Awards honor outstanding individuals, institutions
or corporations whose leadership created, transform or accelerated
markets for clean technologies (generating significant economic growth
while solving global resource crises). Prior winners of the
prestigious Cleantech Award include: Alternative Asset Market (AIM),
London Stock Exchange; Wal-Mart; CalPERS; Sunpower Corporation;
Schmack Biogas; Comverge; Bob Epstein (founder of Sybase and
Environmental Entrepreneurs); Jesse Fink (founder of Priceline and
MissionPoint Capital Partners) and Nancy Floyd (co-founder of Nth
Power).

Members of the Cleantech Venture Network(R) - composed of business
leaders and investors from top-tier finance, science and policy
institutions globally representing over EUR 5 trillion in capital -
will convene at Cleantech Forum XIII May 14-16 2007 in Frankfurt to
address solutions to climate change, water scarcity and other
cleantech opportunities in emerging markets such as biotech/toxins and
recycling.

The Cleantech Leader of the Year is awarded to an organization or
individual who has shown exceptional leadership in expanding market
adoption of cleantech solutions.

-- 2007 Winner: Sir Nicholas Stern: Sir Stern is the former Chief
Economist, World Bank and author of the Stern Review on the
Economics of Climate Change. During his recent tenure with Her
Majesty's Government as Second Permanent Secretary Treasury,
Sir Stern evaluated the effect of climate change on global
economics. His work led to the publication of the Stern Review
on the Economics of Climate Change, providing a clear economic
case that higher investments in clean technologies in the
short-term (mitigation) would lead to reduced disruption in
the medium to long-term and provided a clear roadmap for
policy-makers.

The Cleantech Corporation of the Year is awarded to a major
corporation, or its CEO, whose actions in 2006 significantly advanced
the growth of cleantech markets and/or demand for cleantech products
and services.

-- 2007 Winner: Acciona Energia, Madrid, Spain: Acciona Energia
is a global pioneer of wind energy products and has shown
global leadership in accelerating wind energy products,
technologies and integrated services.

The Cleantech Emerging Enterprise of the Year is awarded to a
company, or its' CEO, that experienced rapid growth and/or provided a
high realized return to investors in 2006 by bringing a truly
disruptive clean technology or business model to market.

-- 2007 Winner: Renewable Energy Corporation, Oslo, Norway:
Renewable Energy Corporation is focused on the latest
innovations in solar energy. They are the world's largest
producer of solar grade polysilicon wafers. Renewable Energy
Corporation is the only company that produces products
addressing the full value chain of the solar energy market.

The Cleantech Pioneer is awarded to an individual whose early and
continued investments generated positive returns and provided a
roadmap in the creation of the cleantech investment category.

-- 2007 Winner: Marcel Brenninkmeijer; founder and CEO, Good
Energies, Inc.: Mr. Brenninkmeijer's pioneering and
ground-breaking investments in solar photovoltaic companies
and wind developers globally helped spur the cleantech
investment category by demonstrating that investors could
simultaneously do well and do good.

Participating in Cleantech Forum XIII are senior executives from:
Allianz; Credit Suisse; 3i; General Electric; BASF; Honeywell;
Kleiner, Perkins, Caufield & Byers; Barclays; Siemens; Shell; IBM;
Ernst & Young; World Bank; DOW and Danfoss, among more than 300 other
investment leaders from Europe, North America and Asia.

Participation in Cleantech Forum XIII is limited to top-tier,
qualified investors and entrepreneurs. To be considered for
participation, please visit: www.cleantech.com, call Joe Trackwell at
+1-810-224-4310, ext 7150 or email joe@cleantech.com.

About Cleantech Venture Network(R), LLC

The Cleantech Venture Network(R) LLC is a membership network which
catalyzes investment, business opportunities, and relationships
driving the growth of cleantech globally. The Cleantech Venture
Network(R) founded the cleantech investment category in 2002 and
brings together stakeholders at the four Cleantech Forums (TM) per
year and provides investors, executives, government agencies, and
media accurate and consistent data on cleantech venture investments,
M&A and IPO's for North America, Europe, and China. The network has
over 8,000 cleantech investors and 9,500 companies worldwide that take
advantage of the global Cleantech Forums(TM), comprehensive market
research services and reports, online proprietary deal flow and
investor directory. In addition, the Cleantech Venture Network
provides timely investor information services, including the
twice-a-month market intelligence newsletter, Cleantech Capital
Alert(TM) and the quarterly Cleantech Investment Monitor(TM) report
which tracks and analyzes all cleantech investments, M&As and IPOs in
North America and Europe.

For more information or to register, please visit:
www.cleantech.com