Towngas $ 1 Million Award for Smart Energy Technology Proposals

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TERA-Award aims to recruit projects from start-ups around the world to help address global environmental issues and achieve China’s dual carbon goals of achieving carbon neutrality by 2060.

Dr. Lee Ka-kit, member of the Standing Committee of the 13th National Committee of the Chinese People’s Political Consultative Conference, Vice President of the China Federation of Industry and Commerce and President of Henderson Land Group and Towngas noted: “The dual objectives peak carbon and carbon neutrality are among the country’s key strategies. Progress and innovation in energy technology are driving energy revolution and transformation and advancing dual carbon goals. It is the duty of energy companies to help overall , huge systematic system working behind the carbon spike and carbon neutrality. This competition offers a significant cash prize and, above all, an open platform for start-ups to connect supply with demand by providing application scenarios that fuel the rapid realization of intelligent energy and innovative technology.

Focused on energy supply, energy demand, green transport and the internet of energy, the TERA-Award encourages global start-ups and project teams to submit original technologies and patents for evaluation by a jury composed of experts from Towngas, SPIC Central Research Institute, Greater Bay Area Homeland Investments Limited, Chinese Academy of Sciences, Tsinghua University and Hong Kong University.

Qian Zhimin, president of SPIC, said: “China’s fossil energy accounts for approximately 84% of its energy consumption. The challenging goal of carbon neutrality is a visionary cause that requires synergy between technology, system and institution. . SPIC and Towngas are sharing platforms, application scenarios, resources and funding with winning teams to promote double carbon goals, drive innovative growth and lead the research and development of new technologies to promote the development and application of technologies. advanced intelligent energy systems “.

Applications are accepted until August 31, 2021 on www.tera-award.life, with an online briefing session on June 29, 2021.

SOURCE The Hong Kong and China Gas Company Limited

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