TERA-Award offers US$1 million prize, applications to close 31 August

Daniel Fung Man-kit, Towngas Head of Strategy & Innovation, expressed delight at the large number of applications received since the competition was announced. "Applications have been received from Hong Kong, Taiwan and Mainland China, as well as advanced new technology organisations from European countries. The submitted proposals are high in quality and include the exploration of advanced new energy technology, energy efficiency enhancement, optimisation of effective natural energy transformation, and more. From our preliminary observations, we are confident that with adequate support, it is highly possible that some projects can be realised and transformed into new energy options with practical application efficiency."

Daniel Fung Man-kit, Towngas Head of Strategy & Innovation, expressed delight at the large number of applications received since the competition was announced. "Applications have been received from Hong Kong, Taiwan and Mainland China, as well as advanced new technology organisations from European countries. The submitted proposals are high in quality and include the exploration of advanced new energy technology, energy efficiency enhancement, optimisation of effective natural energy transformation, and more. From our preliminary observations, we are confident that with adequate support, it is highly possible that some projects can be realised and transformed into new energy options with practical application efficiency."

Participating smart energy innovation projects and solutions are required to possess original technology and patents as well as the conditions for real-life applications.

Applications are open to startup teams from around the world until August 31 through the event site (www.tera-award.life) for a chance to explore the boundless possibilities in smart energy innovation and strive for the country's dual carbon goals and the construction of a green world.

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