Zayed Prize Offers Big Bucks to Cleantech

Forget the MIT Clean Energy Prize. When it comes to global lift-off (and major cash prizes) for innovative sustainable energy solutions, Abu Dhabi’s Zayed Future Energy Prize is the one to win — and now, the  nominations are open for the 2012 global competition.

Four main areas of criteria — impact, long-term vision, leadership, and innovation — will be applied in each of the competition’s three categories: small and medium enterprises & non-governmental organizations, large corporations and individual lifetime achievement.

Zayed Future Energy Prize

image via Zayed Future Energy Prize

Nominees in the first category will demonstrate a clear impact in sustainable and renewable energy, either through disseminating a particular solution, furthering knowledge, awareness, policy development or through technology. A prize of $1.5 million USD will go to the overall winner, as well as $1 million to the first runner-up and $500,000 million to the second runner-up.

Large corporations must exhibit business success and leadership to be nominated, as well as a clear vision for the long-term future of energy, and a coherent, sustainable strategy for its own operations and impact. The winner in this category will receive a special recognition Award.

For the individual lifetime achievement award, nominations are open to individuals from academic, political, technological, business or other fields in renewable energy/sustainability who have demonstrated leadership and commitment to raising awareness and supporting energy policy development. The winner in this category will receive $500,00o.

Nominations forms and guidelines for submission can be found online.

Susan DeFreitas has covered all manner of green technology for EarthTechling since 2009. She is a graduate of Prescott College for the Liberal Arts and the Environment, and has a background in marketing green businesses. Her work on green living has been featured in Yes! Magazine, the Utne Reader and Natural Home.

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