GKinetic Energy has been named as one of twelve ocean innovations short-listed for two $100,000US awards. Specifically GKinetic is a finalist for the 2021 Wallenius Wilhelmsen Orcelle(r) Award and will head to the Ocean Exchange event 24th – 26th October in Fort Lauderdale Florida, to pitch for the top prize.
The event convenes maritime leaders, investors, technical experts, and entrepreneurs to fund and support solutions needed for healthy oceans and more sustainable ocean shipping. See full official press release issued by the Ocean Exchange below/at this link: https://www.prlog.org/12887359-twelve-ocean-innovations-short-listed-for-two-100000us-awards.html. Congratulations to all the finalists and we look forward to attending!
The 2021 Twelve Solutions Inspiring Action winners who will compete for monetary awards:
Element Resources, Inc (USA): Emissions-free shore power (cold ironing) auxiliary power that may be supplied in a portable containerized solution;
GKinetic Energy, Ltd (Ireland): Floating water turbines that work with nature to generate 100% predictable energy;
Glitter (USA): Citizen/business model powered by an app for urban locations near critical watersheds to halt the flow of tons of uncollected litter through gutters and sewers;
IntelliReefs (USA): Biomimicking infrastructure solutions to restore biodiverse underwater ecosystems;
NatureMetrics (UK): e-DNA to quantify carbon sequestration for allocation of carbon credits;
NovFeed (Tanzania): Natural food waste conversion into fish feed;
Seachange Group (USA): Advanced biofuel diesel replacement that bridges gap to the zero-carbon future;
Sofar Ocean (USA): Smart buoy system to deliver real-time ocean surface and sub-surface data;
Symbrosia (USA): Seaweed feed supplements to significantly reduce livestock methane emissions;
The Maritime Hydrogen Fueling Team (USA): Resilient, EMP-hardened gigawatt subsea hydrogen grids for large scale GHG reduction;
Tidal Sails AS (Norway): Production of electricity from slow-moving rivers, tidal streams, and ocean currents;
Virgil Group (USA): Novel software to keep illegal seafood out of trade.
These finalists will compete for one of two $100,000 Awards:
- The Wallenius Wilhelmsen Orcelle(r) Award 2021 will be given to the solution that demonstrates the greatest combined sustainable and economic value to WW’s business. The winning solution may aide in meeting WW’s 2030 Science Based Target, reduce WW’s criteria emissions (NOx, SOx, & Particulate Matter), either on land or at sea, or contribute to any of WW’s activities as they relate to any of WW’s seven UN Sustainable Development Goals: 3, 8.9,10,13,14, and 17.
- The Neptune Award 2021 will be given to the solution that advances our understanding of the ocean and helps minimize our impact on these resources, resulting in more resilient bodies of water, including healthy marine life and coastlines
About Ocean Exchange
Learn more about Ocean Exchange at www.oceanexchange.org, including key sponsors.