"We share this award with the rural people of Bangladesh who have demonstrated incredible ambition and innovation in adopting clean, renewable technologies to solve their daily energy challenges in the rural areas," added Mr. Barua.
The finalist, Dr. Green is a leading researcher in the field of PV. He is currently developing "third-generation" solar cells that will help decrease costs to less than US$0.50/W, to potentially $0.20/W or better, which will drastically increase the economic viability of this technology.
"I firmly believe that many of our future energy needs can be addressed by photovoltaic technology," said Dr. Green. "I'm proud that as one of the first recipients of this award, PV technology and its importance in the renewable energy mix is also being recognized as a commercially viable solution."
"I am confident that the Prize will help boost our efforts to accelerate the development, and market entry of third-generation PV modules," he added.
"It is quite inspirational to be a part of Zayed Future Energy Prize," said Nobel Laureate Dr. RK Pachauri, Chairman of the Intergovernmental Panel on Climate Change and Chairman of the jury for ZFEP. "The technologies and the innovative solutions that we've seen through the submission process are a good reminder of the ability of human innovation to solve our global challenges."
Masdar, Abu Dhabi's multi-faceted future energy initiative, is the prize's founding organization. As one of its chief objectives, Masdar aims to be an open platform to bring together the world's innovative solutions to energy challenges.
"These winners and their innovations embody the very qualities the Zayed Future Energ
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