ID :
101334
Wed, 01/20/2010 - 14:58
Auther :

Toyota Motor Corporation awarded Zayed Future Energy Prize 2010

Toyota Motor Corporation has been awarded the 2010 Zayed Future Energy Prize, a prestigious award created in 2008 to honour of the legacy of the late Sheikh Zayed bin Sultan Al Nahyan and recognize and inspire innovators in renewable energy from around the world.
Toyota was singled out for its ground breaking fuel efficiency system of the third-generation Toyota Prius, the world's first mass-produced hybrid vehicle.
The Prius was selected from over 300 entries and was awarded the Zayed Future Energy Prize 2010 in Abu Dhabi by H.H. General Sheikh Mohamed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces.
Toyota was presented with the grand prize of US$1.5 million, while two runners up - Zhengrong Shi, Founder '&' CEO of Suntech Power Holdings Co. Ltd, China and Amitabha Sadangi, CEO of International Development Enterprises India (IDEI) - were also awarded US$350,000 each.
All three finalists exuded the qualities associated with the Prize criteria, leadership, innovation and long-term vision, and are true ambassadors of renewable energy innovation.
The award is open to any individual, company or non-governmental organization (NGO) that can demonstrate a tangible clean energy solution.
The Zayed Future Energy Prize jury, which consisted of leading international renewable energy experts, cited Toyota Motor Corporation's revolutionary technologies, which have set the global standard for fuel efficiency and innovation, as the key factor behind selecting Toyota as the 2010 winner.
The original Prius was launched in 1997 and in the last 13 years has saved around seven million tonnes of carbon dioxide from polluting the atmosphere due to its fuel efficient technology. Toyota's was the only entry received by the Prize which focused on hybrid vehicles, making it stand out from the other submissions due to the widespread application of its technologies globally.
The jury also cited the introduction and constant evolution of the technology as impressive elements of the entry as it demonstrated a continual desire to improve and fine-tune the technology. The Toyota Prius achieves 38 kilometres per litre, surpassing other fuel efficient vehicles and it is expected to be sold in over 80 countries around the world. The company is also looking into incorporating hybrid technologies into all its vehicles to further the cause of environmental preservation.
The joint runner-up was Zhengrong Shi, Founder and CEO of Suntech Power Holdings Company. A Chinese national, Shi established Suntech in September 2001 and has since seen it grow to become the world's largest manufacturer of silicon solar modules. Shi has dedicated his efforts to making solar energy a viable alternative to traditional electricity and increasing its adoption across the globe.

X