X PRIZE FOUNDATION, THE GOVERNMENT OF INDIA and IIT DELHI ANNOUNCE PARTNERSHIP TO CREATE GLOBAL COMPETITION TO DEVELOP CLEAN-BURNING COOKSTOVES

The X PRIZE Foundation, an educational non-profit that designs and administers competitions with prizes of up to $30 million, the Government of India’s Ministry of New and Renewable Energy (MNRE) and the Indian Institute of Technology Delhi have formed a partnership to create a global competition to develop and deploy clean and efficient cookstoves. The competition will focus on the development of affordable and clean-burning cookstove technologies (and possibly delivery models) and is a part of the MNRE’s National Biomass Cookstoves Initiative, which was launched in December 2009. Details of the competition, including the announcement of the launch date, prize purse and competition guidelines are forthcoming.