By Tine Stausholm, Aug 07, 2019, 18:59 • 2 minute reading
Up to 10 developers of breakthrough cooling technologies will be awarded US$200,000 each on November 15, in New Delhi, India.
The Global Cooling Prize, designed to spur the development of climate-friendly air conditioning, has announced in a email communication that up to 10 finalists will be revealed at a ceremony in New Delhi, India, on November 15, 2019.
The prize competition aims to develop residential cooling technology that has a climate impact at least five times lower than current standard room air conditioning units.
The 10 finalists came from a submission process that resulted in 445 completed “Intent to Apply” forms from around the world. The candidates now have until August 31 to submit their detailed technical applications.
The competition was launched in November 2018 by the Government of India, Mission Innovation and the Rocky Mountain Institute (RMI), and it has Sir Richard Branson as its ambassador. It is administered by RMI, Conservation X Labs, the Alliance for an Energy Efficient Economy (AEEE) and CEPT University.
The awards ceremony “will feature these breakthrough cooling technologies and will have special remarks from global and national leaders on the dais,” said Iain Campbell, senior fellow, RMI, in the email communication about the event.
This is a special invitation-only event with limited capacity. Individuals who would like to attend should contact prize administrators at firstname.lastname@example.org.
All the shortlisted candidates will be awarded US$200,000 to support further development of their idea, and the construction of two working prototypes delivered to an Indian test site.
After testing and evaluation of the prototypes, the final winner will be announced in November or December 2020. The winner, or winning team, will receive an additional US$1 million in prize money.
The 445 candidates are from 56 different countries, with the largest number of submissions coming from the United States and India - 140 and 122, respectively. The candidates include individuals, start-ups, university researchers, non-profits and companies within the AC industry, with the largest groups being individuals (36.4%) and start-ups (27.6%).
“[The awards ceremony] will feature these breakthrough cooling technologies and will have special remarks from global and national leaders on the dais”
– Iain Campbell, Rocky Mountain Institute