The Milken-Motsepe Prize in Green Energy

Date/Deadline: 29 Mar, 2023

The Milken-Motsepe Prize in Green Energy is incentivizing entrepreneurs who have ideas for solutions to advance progress toward UN Sustainable Development Goal (SDG) 7: Ensuring access to affordable, reliable, sustainable and modern energy for all.

The aim of the Milken-Motsepe Prize in Green Energy is to reward innovators who expand access to reliable, affordable, and sustainable electricity in Africa. Energy access is a key driver for long-term economic growth and shared prosperity. The prize offers $2 million in prizes and additional benefits, including a $1 million grand prize for the winning team and $1 million in additional prize money. Participating teams will also receive access to networking, training, and other resources.

Registration for the Green Energy Prize is free and open to anyone, anywhere.

The Challenge

Winning teams will demonstrate the ability to deploy distributed green energy solutions at scale in Africa, with the goal of dramatically expanding access to reliable electricity. Teams should make use of new technologies or should adapt existing technologies in innovative ways to generate at least 60 kWh of off-grid electricity daily (24 hours) using green energy sources.

The winning team will receive a $1 million grand prize.

Prize Benefits

Many entrepreneurs lack the information and tools they need to bring their innovation to life. In addition to the chance to win cash prizes, the Milken-Motsepe Innovation Prize program provides a rich set of opportunities for entrepreneurs, both during the competition and beyond.

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