SP3H rewarded by Delphine Batho, Minister of Ecology, Sustainable Development and Energy for its industrial and technological developments of its fuel quality sensor for engine energy efficiency
2013 JUN 17 (VerticalNews) -- By a News Reporter-Staff News Editor at Global Warming Focus -- SP3H, a leader in the field of fuel profiling1, received this morning, the first prize in the CleanTech Open 2012 competition from the Minister of Ecology, Sustainable Development and Energy, Delphine Batho. SP3H has developed a miniaturized sensor that measures the quality and composition of a fuel in an engine, which helps reduce greenhouse gas emissions and improves the fuel consumption of the vehicle.
The company was awarded the CleanTech Open France award in November 2012 and came in second place at the CleanTech Open Global Ideas Competition at the CleanTech Open Global Forum in California.
"It is an honor to receive this CleanTech Open award from Minister Batho. This award recognizes our efforts in creating a technology that helps reduce greenhouse gas and CO2 emissions, while improving fuel efficiency in engines. These results demonstrate that SP3H will provide a cost-effective solution that helps to reduce the environmental impact of vehicles," said Alain Lunati, founder and President of SP3H.
"Today, it is essential to encourage young French innovative Cleantech companies whose goal is to reduce our energy consumption and develop renewable energies. The work performed by SP3H inspires us with its ability to tackle the problem concerning pollution of fuels and engines, while avoiding sanctioning of the consumer. This technology allows the consumer to save money while reducing environmental impact. It is with pride that I present the CleanTech Open 2012 prize to this innovative French company," said Delphine Batho, Minister of Ecology, Sustainable Development and Energy. About SP3H: SP3H was founded in August 2005 by Alain Lunati and is based in Aix-en-Provence in southern France. The company is now a leader in the field of fuel profiling. With over 20 years of experience in fuel refining, the SP3H team has developed a miniaturized optical sensor called the Fuel Quality Sensor Solution which reduces CO2 emissions, fuel consumption and pollutant emissions and improves engine reliability and performance.
Their strong team (with experience in fuel chemistry, optics and engine optimization) has obtained "innovative company" label from the French public sector institution Oseo. It also benefits from the "Young Innovative Company" fiscal status and has been eligible for France's research tax credit since its incorporation, with over 80% of its corporate expenditure going on R&D. In January 2010, the company obtained a €6.2 million equity investment, including €4.5 million from its longstanding institutional investor, Truffle Capital.
For further information: www.sp3h.com About Cleantech Open France About CleanTech Open US 1 Molecular structure identification
Keywords for this news article include: SP3H, Technology, Environment, Carbon Dioxide, Climate Change, Global Warming, Greenhouse Gases, Sustainable Development.
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