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The Global Energy Prize annually honors outstanding achievements in energy research and technology from around the world that are helping address the world’s various and pressing energy challenges.

The Global Energy Prize Award Ceremony

The Global Energy Prize Award Ceremony will be held at Saint Petersburg International Economic Forum on June 2, 2017 at 13:00 (CEC "Expoforum", pavilion F, hall F). The 2017 laureate – Swiss scientist Michael Graetzel – is expected to be awarded with the golden medal by the President of Russian Federation Vladimir Putin. The prize fund amounts to 39 million rubles.

Michael Graetzel is an ultimate leader in the field of renewable sources of energy, in particular - solar power industry. In the XV, anniversary cycle of the Global Energy Prize, he was chosen the best «for transcendent merits in development of low cost and efficient solar cells, known as “Graetzel cells”, aimed to creation of cost-efficient, large-scale engineering solutions for power generation».

Michael Graetzel became world famous for the development of dye sensitized solar cells which were named as Graetzel cells in his honor. They operate on the principles of photosynthesis– the process similar to biochemical one and used by plants for light energy conversion. The invention represents profitable alternative for expensive and sophisticated technologies of photovoltaic arrays produced on the basis of silicon of high purity. Also Graetzel cell-based batteries are more convenient for consumer compared to silicon-based photocells – they could be made flexible and in various colors.

Such solar cells are able to generate electric power within various bands of light frequencies, up to infrared one. It is convenient for use and power generation, for instance, in various structural elements of buildings. Photovoltaics technologies integrated in buildings are in great demand by the market. In particular, the conference center of the Federal Polytechnic School of Lausanne where the Global Energy Prize laureate works, became the first building in the world with colorful Graetzel-cells based frontage.

It should be noted that the work on increasing the efficiency of Graetzel cells, simplification of technologies for their production and industrial introduction are continuing. The Global Energy Prize laureate has also set several world records with respect to the efficiency of perovskite solar cells, created on the basis of his eminent development.

The award was established in Russia, through The Global Energy Association and with the support of leading Russian energy companies Gazprom, FGC UES and Surgutneftegas. The CEOs of these companies will attend the ceremony as honorary guests.

For more information about the GEP, please contact Natalia Naumova, Vice President for External Communications for the Global Energy Prize, at 
or +7 916 446 66 10

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