05 Oct 2010 10:10:07
Deadline for Zayed Future Energy Prize looms
Time is running out for submissions to the Zayed Future Energy Prize which closes for applications on October 8th.
Non-governmental organisations, individuals and firms that have made strides in the area of renewable energy or sustainability are invited to apply
for the prize.
Now in its third year, the Zayed Future Energy Prize judges submissions based on their ability to address current sustainability and climate change issues, long-term and commercial viability, and leadership.
The winner, which will be announced on January 18th 2011, will receive a $1.5 million prize (£945,000), while two runners up will be granted $350,000.
Applications will be judged by international experts in renewable energy and sustainability, led by Dr R K Pachauri from India, the 2007 Nobel Peace Prize Laureate and chairman of the United Nations Intergovernmental Panel on Climate Change.
Previous winners include a Bangladeshi entrepreneur who created a business model which allowed off-grid rural communities to install solar panels.
The prize is named after HH Sheikh Zayed bin Sultan Al Nahyan, the founding father of the United Arab Emirates.