The Hong Kong and China Gas Company Limited (0003.HK)

Advanced Hydrogen Producing Equipment Wins Top Prize and $1 Million in TERA-Award Competition

The results of the third TERA-Award Smart Energy Innovation Competition, hosted by Towngas, have been announced in Hong Kong. The Gold Award and a prize of US$1 million were won by a project of advanced alkaline hydrogen-producing equipment from a Chinese research team, significantly reducing the cost of hydrogen production. An Israeli team won the Silver Award for hydrogen storage at near-ambient conditions; another Chinese team received Bronze for versatile heat/cold energy storage material.