i2Cool News | The results of the second TERA-Award Smart Energy Innovation Competition are in, and Chuangleng Technology has won the million-dollar grand prize

2023.04.26
i2Cool Limited

On March 28th, the results of the second TERA-Award "Carbon-free Future" Smart Energy Innovation Competition, jointly hosted by the Hong Kong China Gas Limited and State Power Investment Corporation Limited (SPIC), were announced. The Gold Award was won by i2Cool Technology for its "Electricity-free Refrigeration Technology", earning them a $1 million prize.

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Top technology competition in the energy industry.

The intensification of the climate crisis and energy crisis has made energy technology innovation a global consensus, particularly in the field of zero-carbon technology. The TERA-Award Smart Energy Innovation Competition was born against this background, with the aim of finding excellent innovative technologies and solutions in the field of smart energy worldwide, using the power of technology to help achieve the country's carbon peaking and carbon neutrality goals and address global warming.

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As the top event in the global smart energy innovation field, the value of its grand prize cannot be underestimated. To ensure the professionalism, fairness, and forward-looking nature of the competition, the expert review committee was composed of experts and scholars from top domestic and foreign research and development institutions. Professor Yi Cui, a nanomaterials scientist, professor in the Department of Materials Science and Engineering at Stanford University, and the first Chinese director of the Stanford Energy Center, was invited to serve as the chief judge of the competition.

Since its official launch on August 12, 2022, the competition has received a total of 275 project applications from 41 countries and regions. Since its official launch on August 12, 2022, the competition has received a total of 275 project applications from 41 countries and regions.

i2Cool receives new development support again

"This competition not only provides winners with generous prizes but more importantly, it also provides an open platform for entrepreneurs to exchange information, and offers a "landing scenario" to promote the rapid implementation of smart energy innovation technology." The organizers of the competition stated that China Gas joined hands with SPIC to aggregate resources from various parties such as politics, production, study, and research, to create a one-stop support system for smart energy innovation projects, providing support from technology innovation to scenario implementation.

Hong Kong TWONGAS, the host of the TERA-Award, will also use i2Cool Technology's electricity-free refrigeration technology in many industrial applications. Hong Kong TWONGAS, the host of the TERA-Award, will also use i2Cool Technology's electricity-free refrigeration technology in many industrial applications.

Electricity-free refrigeration contributes to global carbon neutrality

"Our goal is to achieve environmental cooling and zero carbon emissions through passive radiation cooling, and promote global carbon neutrality." To achieve this goal, Dr. Martin Y.ZHU from the School of Energy and Environment at City University of Hong Kong, his mentor Professor Cao Zhiyin, and a team of young scientists jointly founded i2Cool Technology in June 2021, committed to promoting passive radiation cooling technology and more innovative solutions for the energy industry.

After over 7 years of experimentation and improvement, the i2Cool team has successfully launched its first commercial product - an electricity-free cooling coating. By covering buildings with this coating, it can reflect the vast majority of sunlight (with a reflectance greater than 95%) and effectively radiate heat out to space in the mid-infrared range (with a radiation rate greater than 95%). It achieves the cooling effect of "electricity-free cooling" without the need for energy or refrigerants.

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Thanks to excellent research results and the trend of reducing carbon emissions and energy consumption, i2Cool's passive radiation cooling technology products have been widely recognized by the market and have been applied and promoted in many cities and regions in Hong Kong, Mainland China, and Southeast Asia, achieving energy savings and environmental protection.

As a technological leader in the low-carbon and energy-saving field, i2Cool has been tirelessly promoting the industrialization of passive radiation cooling technology. Recently, i2Cool announced that it will hold a global launch event for its new product, an electricity-free cooling ceramic tile, in three cities - Geneva, London, and Kuala Lumpur. This new product represents a new breakthrough for passive radiation cooling technology in the commercial application market of construction engineering, leaving plenty of room for imagination!



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