“I’m thrilled to have been named a winner in this year’s CEO Today Europe Awards,” said Cavada. “I share this award with our incredibly hard-working, innovative and dedicated team at Highview Power and I look forward to continuing our success throughout 2019 and for many years to come.”
Cavada is driving the global deployment of Highview Power’s proprietary cryogenic energy storage technology, which can provide the giga-scale energy storage needed to enable renewable sources of energy to become reliable enough to serve as baseload power. Prior to joining Highview Power in 2018, Cavada spent 17 years in leadership positions at Wärtsilä Corporation, one of the top technology companies in the energy market. He led Wärtsilä’s global energy business and helped drive a deep transformation toward becoming the leading renewables system integrator.
Executives recognized by the CEO Today Europe Awards were nominated by the publication’s readers. To determine the shortlist and ultimate winners for this award, the magazine’s researchers evaluated thousands of votes and supplementary supporting evidence, as well as considered input from shareholders worldwide, including investors, analysts, executives, employees and media professionals. A special issue profiling the winners of this year’s Europe Awards was published April 26.
Highview Power’s proprietary technology uses liquid air as the storage medium and can deliver anywhere from 20 MW/80 MWh to more than 200 MW/1.2 GWh of energy.