The Prince Albert II of Monaco Foundation, an active Monaco Energy Boat Challenge partner, is adding another dimension to the partnership in launching the Prince Albert II of Monaco Foundation Sustainable Yachting Technology Award. The contest is open to universities anywhere in the world and on July 6 will reward the best technological solution that is applicable to yachting in terms of energy efficiency and/or carbon reduction.

“We are pleased to initiate this prize to help finance the development of a university’s department with a grant of 25,000 euros. We hope to encourage the winner to go further with its applied research, and who knows maybe help those prototypes progress towards a more industrial solution,” explains Olivier Wenden, Vice-President of the Prince Albert II of Monaco Foundation.

Once the grant has been awarded, the winner will be able to present progress on their project at the Monaco Energy Boat Challenge for three years starting in 2025. The prize was officially announced at the Monaco Ocean Week, attended by explorers Mike Horn and Bertrand Piccard.

The Monaco Energy Boat Challenge brings maritime industry pioneers together with visionary engineers around a common goal: to promote alternative propulsion and sustainability in the yachting sector. On the programme, a unique convergence of boats already on or about to enter the market and innovative prototypes. “Every year, students surpass themselves. They are an amazing source of ideas. It is fascinating to see their potential and we are happy to put them in contact with industry players who are a great support for these young engineers,” says YCM General Secretary Bernard d’Alessandri.

ORIGINAL SOURCE: Monaco Yacht Club