NEWS RELEASE
For Immediate Release
June 3, 2022
Morgan Solar Nominated for FUTURE 50, Canada’s Fastest Growing Clean Economy Companies
Toronto, Canada - Morgan Solar Inc (MSI) is pleased to announce that it has been named as part of the Future 50, the fastest growing Canadian companies whose business activities align with the transition to a global clean economy.
Cities are responsible for 2/3rds of all energy consumption in the world. A large portion of that energy expenditure occurs because buildings are not designed to adapt to, or make use of, their solar environment.
Pulling from a global network of sensors Morgan Solar has developed digital twins that feed into our advanced light modelling capabilities. This immense pool of data has allowed MSI to create adaptive energy producing building materials, like blinds, slats and brise soleils that react to the sun’s position.
Morgan Solar’s products are beneficial on two fronts: First, they help the building itself produce more of its own energy. Second, since MSI technologies alter their position relative to the sun, they help to regulate internal temperatures and decrease a building’s total energy demand. In short, the company is creating intelligent building envelopes that respond actively to their environment.
We are pleased to be a part of Canada’s fast growing clean economy.” says Mike Andrade, the company’s CEO. He is proud to see Morgan Solar recognized as a leader and hopes that its success continues to inspire further investment across the industry.
About Morgan Solar
Morgan Solar has been developing sunlight management solutions for the solar and building sectors since 2007. Based in Toronto, Canada, our team of scientists and engineers have deep expertise in light modelling, optics, distributed sensors & controls, and data analytics. At the heart of the Morgan Solar technology ecosystem is SunStudio, a proprietary software platform used to design all of the company’s hardware and software offerings. Using our distributed sensors and controls’ rich data sets that can be mined for Artificial Intelligence-driven analysis, we are able to quickly validate our products’ performance and iterate on their design.
For more information, visit us at morgansolar.com
About Future 50
The Future 50 Fastest-Growing Sustainable Companies in Canada is a ranking published by Corporate Knights to highlight emerging Canadian companies whose business activities align with the transition to a clean economy. The ranking considered 5,115 companies’ revenue, capital expenditure, acquisitions, research and development, and employment and was then refined to include the top 25 publicly traded companies and top 25 privately owned companies gaining significant traction in the fight against climate change.
The Future 50 companies are well positioned to be a part of the solution by helping Canada realise its ambitious emissions reduction targets in the coming decades.