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Fourth TERA-Award Ceremony held in Cambridge
Globenewswireยท 2025-07-20 14:00
Core Insights - The TERA-Award, organized by Full Vision Capital, awarded the Gold Award to Barocal, a UK startup, for its innovative solid-state cooling system, which utilizes barocaloric materials and offers a sustainable alternative to traditional refrigerants [1][3][10] Group 1: Award Details - The Gold Award comes with a prize of US$1 million and recognizes Barocal's technology that enhances energy efficiency and eliminates harmful refrigerants [1][3] - The TERA-Award received 785 entries from 76 countries and regions, highlighting its international appeal [3][4] Group 2: Event Highlights - The award ceremony took place at King's College, University of Cambridge, attended by over 100 industry leaders, entrepreneurs, and investors [2] - An innovation showcase and forum were held to discuss global clean energy trends and the importance of collaboration in the energy transition [5] Group 3: Organizational Support - The fourth TERA-Award is supported by various organizations, including the Hong Kong Investment Corporation and the UK's Department for Business and Trade, indicating a commitment to advancing deep-tech energy innovation [6]