Cape Town, July 22 20204 – In a stand-out achievement, Savant portfolio company BurnStar Technologies has been named the regional winner in the Green-Technology Startup of the Year category for South Africa by the Global Startup Awards (GSA). This accolade underscores BurnStar’s significant contributions to the green technology sector and its commitment to advancing sustainable solutions.

About the Global Startup Awards

The Global Startup Awards stand as the world’s largest startup competition and global awards installation, celebrating innovation and entrepreneurial excellence across various sectors. The awards aim to foster a vibrant ecosystem by recognising outstanding startups and scaling companies that drive technological advancement and sustainable development. Winning this award signifies not only recognition but also a seal of excellence that enhances the recipient’s credibility and visibility on an international stage.

Significance of the Award

Securing the title of Green-Technology Startup of the Year is a testament to BurnStar’s cutting-edge innovations and its impact on the green technology landscape. Further this accolade highlights the company’s exceptional work in the field of clean hydrogen led by Dr. Johan Brand. BurnStar’s technology offers promising solutions for clean hydrogen and carbon sequestration applications across various industries, including transportation, refineries, and the reforming of various forms of hydrocarbon gas.

Market Opportunity and Upside

The global market for clean hydrogen is poised for significant growth, driven by increasing demand for clean energy solutions and the urgent need to address climate change. According to a report by Market Research Future, the clean hydrogen market is expected to reach USD 13.2 billion by 2030 and has been growing at a CAGR of 55.4% from 2023. This growth is supported by increasing investments and advancements in hydrogen technologies, positioning BurnStar’s innovative approach to Turquoise Hydrogen production at the forefront of this dynamic market.

Impact on the GSA Network

By joining the Global Startup Awards Africa alumni network, BurnStar not only gains access to valuable partnership, investment, and commercial exchange opportunities, but also enriches the GSA ecosystem with its high-caliber expertise and leadership. This synergy sets a new benchmark for green technology collaborations and underscores the collective potential for advancing sustainable solutions on a global scale.

For more

To dive deeper into BurnStar’s groundbreaking technology and its applications in clean hydrogen, including its role in transportation, refineries, and natural gas reforming, visit BurnStar’s website www.burnstar.co.za.

For media enquiries, please contact: david@burnstar.co.za