Sunday 24 June 2018

Zayed Future Energy Prize attracts record entries

Abu Dhabi, August 13, 2014

Zayed Future Energy Prize, the world’s pre-eminent award for innovation in renewable energy and sustainability, recorded 597 submissions and 514 lifetime achievement nominations from 106 countries worldwide, the highest number of global entries in the prize’s seven year history.

The award closed for submissions on July 14, a statement said.

In comparison with 2014, a preliminary analysis of the 2015 submissions indicates a 26 per cent increase globally, with over 120 submissions from Latin American nations alone, a statement said.

The Global High Schools category increased by 17 per cent worldwide, with a 75 per cent rise in entries from the Pacific Islands and Australia, the small and medium enterprise (SME) category increased by 34 per cent with 331 submissions, 35 per cent from North and Latin America. Non-governmental organisations increased by 39 per cent with 139 submissions, a notable portion from Europe and the Americas, whilst large corporations drew its highest numbers from Asia more specifically China and Japan, said a statement.

The uptake in prize entries mirrors the growing international focus on renewable energy as validated by a Bloomberg New Energy Finance (BNEF) report, which points out a 33 per cent increase in global clean energy investments in Q2 versus Q1 2014.

Winners of the Zayed Future Energy Prize 2015 will be announced at the awards ceremony scheduled for January 19, it said.

Dr Sultan Ahmed Al Jaber, director general of the Zayed Future Energy Prize, said: “With every edition, the Prize is reaching out to a broader audience driven by continuing growth in entries from emerging markets and united by a global resolve to seek sustainable solutions to the energy challenges the world currently faces. The response to the 2015 edition of the Prize is a reflection of the transformation taking place around the world in the renewable energy domain. This is a welcome endorsement of the UAE leadership’s continued commitment to empowering global communities and implementing sustainability practices both at home and abroad.” – TradeArabia News Service

Tags: Energy | Award |

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