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Gas and State Power Investment Corporation hold a smart energy competition Li Jiajie: help companies find innovative solutions

2021-06-22T05:06:47.004Z

China Gas (0003) and State Power Investment Corporation jointly organized the Smart Energy Innovation Competition (TERA-Award), hoping to collect energy supply, energy demand, green transportation and energy interconnection from global scientific research groups or start-up companies



Financial News

Written by: Kuang Yueting

2021-06-18 17:37

Last update date: 2021-06-18 17:37

China Gas (0003) and State Power Investment Corporation jointly organized the Smart Energy Innovation Competition (TERA-Award), hoping to collect creative technologies and solutions for energy supply, energy demand, green transportation and energy Internet from global scientific research groups or start-up companies.

In addition to winning prizes, contest winners are more likely to receive application scenarios, funds and resources provided by the conference if the entries have commercial potential.

The competition has a first prize, a second prize and a third prize, with prizes of USD 1 million, USD 100,000 and USD 50,000 respectively.

The competition will accept applications from today, and the deadline is August 31.

Li Jiajie, co-chairman of Henderson Land (0012) and China Gas, said that carbon peaking and carbon neutrality dual-carbon goals are China’s major national strategies, and energy technology advancement and innovation are the foundation of energy revolution and transformation, as well as the key to achieving dual-carbon goals. Driving force, I have always wanted to do projects to promote energy innovation and development and help the country achieve the double carbon goal. This is also the original intention of the competition.

Li Jiajie said that he and Qian Zhimin, chairman of the State Power, met each other late. The two hit it off and decided to do something together to promote the transformation of energy development.

(Photo by Gong Jiasheng)

He continued that carbon peaking and carbon neutrality are complex systems engineering. Energy companies play a major role. China Gas uses energy storage technology to help companies, parks and cities achieve zero-carbon transformation through the deployment of integrated smart energy business. The second competition will help companies find more future-oriented smart energy innovation technologies and solutions, and develop a top entrepreneurial team of zero-carbon technology.

Chen Yongjian, managing director of China Gas, hopes that the innovative technological solutions of this competition can cause "shocks" in society, and encourage companies to apply more smart and new energy sources to help Hong Kong's energy market transition to zero carbon. If there are business opportunities in the solution, then the Gas Company Will negotiate with start-up companies to see if there are application scenarios.

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Source: hk1

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