Clear Blue leads the market for Smart Off-Grid with its systems deployed in
over 37 countries, over 6.4 million days of operating data and over 10 billion
transactions through cloud software.
September 24, 2021, TORONTO, ON -- Clear
Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU), the Smart
Off-Grid™ Company, is pleased to announce that it has been featured on the 2021
Report on Business ranking of Canada’s Top Growing Companies by The Globe
Canada’s Top Growing Companies ranks
Canadian companies on three-year revenue growth. Clear Blue Technologies earned
its spot with a three-year growth of 75%.
“Our recognition by The Globe and
Mail is a testament to the continued growth of our company, the strength of our
team, and our dedication to sustainable and accessible smart off-grid power for
all. We have a large global addressable market, an opportunity pipeline of $450
million, across the 37 countries where we currently operate, which is
building,” said Miriam Tuerk, CEO and co-Founder of Clear Blue. "As we
indicated in our Q2 2021 MD&A, the
global market for telecom tower power systems was US$4.47 billion in 2021 and
is expected to grow at a 3.25% CAGR to US$5.25 billion in 2026, according to a
report by Mordor Intelligence Market Research.
With our current market share of under 1%, within this addressable market, we
look forward to continued successes by our team”.
Clear Blue Technologies, the Smart
Off-Grid company, was founded on a vision of delivering clean, managed,
“wireless power” to meet the global need for reliable, low-cost, off-grid power
for lighting, telecom, security, Internet of Things devices, and other critical
systems. Recently, Clear Blue signed major partnerships with companies such as
Parallel Wireless, NURAN and Facebook Research.
About Canada’s Top Growing Companies
Launched in 2019, Canada’s Top Growing
Companies editorial ranking aims to celebrate entrepreneurial achievement in
Canada by identifying and amplifying the success of growth-minded, independent
businesses in Canada. It is a voluntary program; companies had to complete an
in-depth application process in order to qualify. In total, 448 companies
earned a spot on this year’s ranking.
The full list of 2021 winners, and
accompanying editorial coverage, is published in the October issue of Report
on Business magazine—out now—and online.
look toward the future, Canada’s Top Growing Companies offer both inspiration
and practical insights for other firms facing similar challenges,” said James
Cowan, Editor of Report on Business magazine. “The entrepreneurs behind
these companies are smart, tenacious and unwavering in their commitment to
“Any business leader seeking inspiration
should look no further than the 448 businesses on this year’s Report on
Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley,
Publisher and CEO of The Globe and Mail. “Their growth helps to make
Canada a better place, and we are proud to bring their stories to our readers.”
About Clear Blue Technologies
Clear Blue Technologies
International, the Smart Off-Grid™ company, was founded on a vision of delivering
clean, managed, “wireless power” to meet the global need for reliable,
low-cost, solar and hybrid power for lighting, telecom, security, Internet of
Things devices, and other mission-critical systems. Today, Clear Blue has
thousands of systems under management across 37 countries, including the U.S.
and Canada. (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF)
TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Co-Founder and CEO
About The Globe and Mail
The Globe and Mail is Canada’s foremost
news media company, leading the national discussion and causing policy change
through brave and independent journalism since 1844. With award-winning
coverage of business, politics and national affairs, The Globe and Mail
newspaper reaches 6.4 million readers every week in print or digital formats,
and Report on Business magazine reaches 2 million readers in print and digital
every issue. The Globe and Mail’s investment in innovative data science means
that as the world continues to change, so does The Globe. The Globe and Mail is
owned by Woodbridge, the investment arm of the Thomson family.
Learn more about Canada's Top Growing Companies