AN awards ceremony for the clean tech sector will be held at the Villa Marina, Douglas, next month.
The Isle of Man Government - in conjunction with the Isle of Man Chamber of Commerce and energy networking service UbrainTV - will host the inaugural UbrainTV first anniversary conference and Energy Tech Awards 2011 on October 10.
The government said a number of "green" businesses from Japan are looking to expand globally and the conference and awards will showcase the Island as a centre of excellence for research and development, innovation and financial services.
Just last month the Island launched a 0 per cent green business loan scheme, designed to help businesses operating in the Island to lower energy costs and increase overall operational efficiency.
The conference, which marks the first anniversary of Japanense company UbrainTV, will host guest speakers from the UK and Japan including distinguished professors, leaders in the not-for-profit sector and developers of renewable technlogies such as world renowned biofuel producer Revo International.
The conference programme will focus on the current status and future plans for clean energy from Japan and will include a lecture on next generation energy from Japan by Dr Yuzuru Ashida, Professor Emeritus of Kyoto University.
The award ceremony is designed to recognise pioneering, sustainable technology which has recently been brought to market as well as an innovative environmental project which has engaged a local community and contributed to a more sustainable future.
Economic Development Minister Allan Bell said: "It is fantastic that we are able to welcome UbrainTV to the Island and to play host to the inaugural coneference and awards ceremony.
"The decision to host the conference on the Isle of Man demonstrates the government's commitment to embracing and encourging new technologies and innovation."
Department member for Economic Development Alex Downie MLC said: "The Clean Tech sector on the Island is growing rapidly with over 100 businesses currently active.
"Significant future growth is expected and the UbrainTV first anniversary conference and Energy Tech Awards is certainly a great boost for the Island."
Senior manager for energy policy Dr Ken Milne said: "This event is the perfect opportunity for the Island to demonstrate to international businesses why it is an ideal location to trial technology whilst also offering protection to intellectual property generated by businesses.
"We are very excited by the collaboration with UbrainTV and look forward to exploring further opportunities to work with companies across the globe, cementing the Isle of Man's position as a world centre for clean tech business."