The award presentation ceremony of the inaugural TERA-Award smart energy innovation competition, organised by the Hong Kong and China Gas Company Limited (Towngas) and co-organised by State Power Investment Company Limited (SPIC), has been successfully held recently. The virtual ceremony, titled “Zero-Carbon Innovations For The Future”, was broadcast online, allowing startup entrepreneurs from around the world to witness the power of technology through the Internet.
A total of 208 projects were submitted from 23 countries and regions, with the largest number of projects in the energy supply area (40%), followed by the field of the Energy Internet, accounting for 22%. Hydrogen power, new energy batteries and the Energy Internet were the most popular topics among the projects, reflecting the trend of zero-carbon technology innovations. The “Liquid Sunshine Methanol” project from the Dalian Institute of Chemical Physics, Chinese Academy of Sciences, won the Gold Award with a prize of US$1 million. The Silver Award went to Greendrogen from the United States with their project named “Highly efficient and low-cost H2 production using AEM Water Electrolyzers”, which can effectively convert renewable energy into green hydrogen with high economic feasibility. The “Copper-HeteroJunction with Intrinsic Thinlayer (C-HJT) Battery” project and the “Safe and Low-cost Flow Battery” project both placed third, receiving the Bronze Award. The former makes use of high-efficiency photovoltaic technology and is a full intellectual property right of SPIC New Energy Science and Technology Co., Ltd., while the latter was developed by Luquos Energy, an outstanding Hong Kong startup company, and offers the advantages of safety, low cost, long battery life and easy replacement.
The competition, jointly organised with SPIC, is a platform to bring together the wisdom of global energy technology innovations and promote the development of a green and low-carbon economy. The second TERA-Award Smart Energy Innovation Competition will be launched this year, with the hope that more entrepreneurs will join hands to contribute to the achievement of the country’s dual carbon goals and the solutions to global warming.
For the TERA-Award Smart Energy Innovation Competition Online Award Ceremony 2021, please
click here for watching.
Mr Peter Wong, Towngas Managing Director (right) presented the Award to Prof. Lu Yi-chun, Chairperson of the Board of Luquos Energy.