MTPV Power Corporation Accepts Frost & Sullivan Global Technology Leadership Award for Waste Heat Recovery Solutions

AUSTIN, Texas and BOSTON, Aug. 2, 2018 /PRNewswire-PRWeb/ -- MTPV Power Corporation (https://www.mtpv.com), a clean energy company that coverts heat to electricity using semiconductor chips, accepted Frost & Sullivan's Global Technology Leadership Award for waste heat recovery solutions at Frost & Sullivan's Excellence in Best Practices Awards Gala on July 18th in Nashville, Tennessee. This award acknowledges the advances that MTPV's EBLADEtm Power Platform enables in the industrial waste heat-to-power market segment.

Each year, Frost & Sullivan presents the Technology Leadership Award to the company that demonstrates uniqueness in developing and leveraging new technologies that deliver significant customer value. The award recognizes outstanding achievement and superior performance in areas such as leadership, technological innovation, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

"MTPV has revolutionized the waste heat recovery market by introducing its core technology, micron-gap thermophotovoltaics, into its EBLADEtm Power Platform, which converts waste heat directly into electricity and provides end users with energy savings, emissions reductions, and clean, reliable power generation," said Chirag Rathi, Consulting Director at Frost & Sullivan.

"MTPV is honored to receive Frost & Sullivan's Global Technology Leadership Award for waste heat recovery solutions on behalf of our dedicated team of engineers and innovators," said David Mather, President & CEO of MTPV Power Corporation. "Two-thirds of the world's energy usage today is lost as waste heat, and MTPV's unique approach to recovering that energy as clean electric power has compelling economic and environmental benefits."

About MTPV Power Corporation (https://www.mtpv.com)
MTPV is a clean energy semiconductor company using its breakthrough technology to harness the world's heat and convert it to electricity. For more information visit http://www.mtpv.com and connect with MTPV on LinkedIn, Facebook and Twitter.

About Frost & Sullivan (https://www.frost.com/)
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.

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SOURCE MTPV Power Corporation