The inaugural TERA-Award smart energy innovation competition co-organised by 
The Hong Kong and China Gas Company Limited (Towngas) and State Power 
Investment Company Limited (SPIC) under the theme of "exploring zero-carbon 
innovations for the future" is accepting applications through the event website 
at www.tera-award.life until 31 August. The first global innovation competition 
to focus on the realm of zero-carbon technology was launched in mid-June, with 
a view to calling for smart energy innovative products, technology and 
solutions from relevant startup teams around the world to contribute towards 
the country's dual carbon goals.

With the application deadline drawing closer, the competition has received an 
increasing number of applications from various countries/regions. In addition 
to the United States, France as well as Hong Kong, Taiwan and Mainland China, 
project proposals have recently been received from numerous research teams from 
Germany, Switzerland, Canada, Norway and Finland. The energy innovation 
projects proposed by the teams span multiple areas, with greater apparent 
interest in the fields of energy supply and demand judging from the 
applications received. The organisers are hoping to see more smart energy 
innovation proposals from groups around the world in a joint effort to create a 
zero-carbon era.

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.



SOURCE: The Hong Kong and China Gas Company Limited