Chris Farrell, managing director of energy saving technology supplier Zenex, has scooped the Entrepreneur of the Year Award in the annual New Energy Awards held in London.
The Awards, now in their fifth year, are designed to highlight the achievements of management teams, companies and initiatives that have made a significant contribution to the cleantech sector within the last twelve months.
Mr Farrell established Zenex in 2003 to develop technologies that would address future energy needs and help reduce carbon emissions within the home and workplace.
Since then, more than £3 million has been invested in creating a range of ground-breaking, energy-saving British technologies that are designed to improve the overall efficiency of domestic and commercial central heating boilers and hot water systems. These include the Zenex GasSaver and the Zenex Superflow.
Mr Farrell was chosen by a judging panel of sector experts such as the environmental economist, Paul Ekins from University College London and John Loughead from the UK Energy Research Centre, in recognition of his vision, creativity and commercial acumen over the past ten years.
Mr Farrell said: 'I am honoured to receive this Award and delighted that Zenex's achievements have been recognised. It is also a fantastic accolade for British innovation. Adopting low carbon heat technologies... are vital for decarbonisation and the long-term energy future of the UK. Moreover, it is technologies like ours that will help the Government deliver their new Heat Strategy and drive for maximum energy efficiency.'
Zenex was also shortlisted for the Company of the Year Award.