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Meet the 2010 Finalaists: E+Co

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Uploaded on Feb 12, 2011

The runner- for the 2011 Zayed Future Energy Prize was E+Co.

E+Co, a clean-energy investment company, was also awarded a prize of US$350,000 and congratulated for its pioneering investments in the developing world. It supports and invests in small and growing clean-energy enterprises in developing countries to impact climate change and energy poverty.

The Zayed Future Energy Prize aims to inspire innovation and the development of barely imaginable solutions in the global race to address the crisis of climate change and the scarcity of renewable and sustainable energy. By creating a prize that recognizes and awards these future solutions, the Zayed Future Energy Prize hopes to inspire scientists, institutions and energy and technology students to innovate and market their ideas.

Companies, NGOs, individuals and institutions are eligible for the award, which recognises excellence in the innovation, development and implementation of sustainable energy solutions. The scope of the prize encompasses renewable and sustainable energy sources, efficient use of non-renewable energies, conservation, energy policy, and communications and public awareness. The winner receives the prize money this year has been increased to USD 4 mill, to invest back into their award winning project and to help accelerate development of their other ideas to make them marketable.

The prize honours the environmental stewardship legacy of the Late Sheikh Zayed Bin Sultan Al Nahyan, Founding Father of the United Arab Emirates. Finalists are nominated by experts across the globe, while the winners are chosen by a jury chaired for the past three years by Dr R.K. Pachauri, Chairman of the Intergovernmental Panel on Climate Change and winner of the 2007 Nobel Peace Prize.

(This video was created for the Prize by CNBC EMEA)

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