Dhanushka Tennakoon, Founder of RE24 Limited Triumphs at The Allica Bank Great British Entrepreneur Awards
21st November, London — Dhanushka Tennakoon, Founder of RE24 Limited has been awarded Early Stage Stand Out for national level at The Allica Bank Great British Entrepreneur Awards.
Recognised annually as one of the most prestigious accolades in the entrepreneurial world, The Allica Bank Great British Entrepreneur Awards received over 5,000 applications this year alone.
A Triumph in a Highly Competitive Field
Making the shortlist is an achievement in its own right given the calibre of competition, underlining the significance of RE24 Limited’s win.
Previous winner James Watt, founder of BrewDog, said that winning was “better than winning the World Cup.” Steven Bartlett has gone as far as to dub the awards as “The Grammys of Entrepreneurship,” highlighting the glamour and prestige associated with the event.
The judges commented:
RE24’s mission to make electricity affordable and carbon free at all times reflects the unwavering commitment of Dhanushka to solve one of the world’s most pressing issues. The judges were particularly impressed by RE24’s support in reaching UK’s 2035 electricity network decarbonisation targets and 2050 Net Zero targets at such an early stage of their business journey.
Francesca James, Founder of the Allica Bank Great British Entrepreneur Awards, said:
“I am thrilled to witness the extraordinary achievements of this year’s winners. Their success stories are a testament to the dynamic and innovative spirit that thrives within UK entrepreneurship. These inspiring entrepreneurs embody the creativity, determination, and passion that are at the heart of our nation’s business success. Their accomplishments not only celebrate their own journeys but also light the way for future generations of innovators and business leaders”.
Richard Davies, CEO Of Allica Bank, commented:
“It has been a real honour to sponsor this year’s GBEA awards. Hearing the inspiring stories from this year’s winners really brings to life the important contribution British entrepreneurs make to our economy. At Allica, we couldn’t be more excited to see such a talented group of individuals making their mark in the business world and we’ll be keeping a close eye on what they do next.”
About RE24 Limited
RE24 Limited was founded in June 2022 with a mission to revolutionise how businesses access and consume renewable energy. At its core, RE24 facilitates easy matching of energy demand with green energy supply. The standout feature is the commitment to transparency. Offering half-hourly energy certification surpasses the granularity of traditional certificates like REGOs.
In just 16 months, RE24 has onboarded significant clients, including a UK Green Hydrogen Manufacturer and a Sea Port Terminal in London. They have expanded the client base from UK to Ireland and built a strong sales pipeline. Their asset pipeline contains over 1,700MW/2,900GWh green assets across Europe. RE24 also garnered recognition as Global Finalists in the 2022 and 2023 Platts Global Energy Awards and won grants from UK Government. They are engaged in groundbreaking energy research collaborations as well.
While making green energy affordable and traceable for all, RE24 will continue to support decarbonising UK energy grid.
About The Allica Bank Great British Entrepreneur Awards
The Allica Bank Great British Entrepreneur Awards celebrate and champion entrepreneurs across the UK, building communities to support their endeavours at various stages of their journey.
With stiff competition and a history of recognising businesses that become household names, the awards are a beacon of excellence in the entrepreneurial landscape.