The award presentation ceremony of the second TERA-Award Smart Energy Innovation Competition, co-organised by The Hong Kong and China Gas Company Limited (“Towngas”) and the State Power Investment Corporation Limited (“SPIC”), was held on 28 Mar 2023. This latest edition of the Competition attracted 275 project submissions from 41 countries or regions. After the screening, interview and final assessment by the judges, the Gold Award and prize money of US $1 million went to a Hong Kong Startup company, i2Cool, for their “electricity-free cooling technology”.
The Silver Award went to the SPIC Research Institute of Smart Energy Company Limited, the State Key Laboratory of Clean Energy Utilisation of Zhejiang University, and the Key Laboratory of Low-grade Energy Utilisation Technologies & Systems of the Ministry of Education of Chongqing University, for their efforts in the “CO2 reduction with microalgae from coal-fired flue gas” project. HydroPro New Energy Corporation was given the Bronze Award in recognition of their “HydroPro” project. The two teams were awarded US$100,000 and US$50,000 respectively. To encourage more innovative submissions, a new award category, Rising Stars, and a Pioneer Award, were introduced to the Competition this year, in addition to the Gold, Silver, Bronze and Merit awards.
With the theme “Exploring Zero-Carbon Innovation for our Future”, the Competition aims to discover innovative smart energy technologies and solutions around the world and contribute to the country’s “30-60” dual carbon goals.
Please
click here to learn about the Competition.

Guests including Dr Lee Ka-kit (7th from right, front row), Chairman of Towngas; Mr Qian Zhimin (6th from left, front row), Chairman of SPIC; Professor Cui Yi (6th from right, front row), Chief Judge of TERA-Award 2022; Mr Peter Wong Wai-yee (5th from left, front row), Managing Director of Towngas; Mr John Ho Hon-ming (5th from right, front row), Executive Director, Chief Financial Officer and Company Secretary of Towngas, in a group photo with the award winners.

At the Award Presentation Ceremony, Dr Lee Ka-kit, Chairman of Towngas, encourages the winners to continue to develop innovative technologies in smart energy to help the country achieve its “30-60” dual carbon goals.

Mr Qian Zhimin, Chairman of SPIC, believes that the Competition has uncovered a number of innovative projects that contribute to environmental protection and low-carbon development.

Mr Tse Chin-wan, Secretary for Environment and Ecology, thanks all the participants of the TERA-Award for their innovative breakthroughs in the field of smart energy and for promoting the development of the energy industry and smart city construction.

Dr Lee Ka-kit (2nd from left), Chairman of Towngas, and Mr Qian Zhimin (1st from right), Chairman of SPIC, present the Gold Award to the representatives of i2Cool Limited.

Professor Cui Yi (left), Chief Judge of TERA-Award 2022, presents the award to the Silver Award winner.

Professor Cui Yi (left), Chief Judge of TERA-Award 2022, presents the award to the Bronze Award winner.

Mr Peter Wong Wai-yee (centre), Managing Director of Towngas, presents the “Rising Star” and “Pioneer Award” of the 2nd TERA-Award to the winners.