First prize winner of the fourth year of Nordic Cleantech Open is Nordic Power Converters whoâ€™s technology cuts the size of a power converters to a fifth and the cost in half while increasing lifespan 2-5 times. The companyâ€™s first focus will be on better LED power converters, where the products will be on the market by the start of 2016. Second prize-winner is RecondOil. The company offers a closed loop that makes it is possible to extend the life of lube oil almost endlessly. This enables the same oil to be sold over and over again, in a fully circular economy. Winner of the third prize is Wirepas that is all about uncompromised low power wireless networking for connecting things. It is a solution enabling reliable and deterministic performance with scale up to millions of nodes without regression.