invest notes

Richard Branson launches $3m challenge to reinvent the air conditioner

Its power consumption at full load must not exceed 700 W and it mustn’t consume more than 14 L (3.7 gal) of water per day. 
A detailed technical application then needs to be submitted by August, with 10 finalists handed US$200,000 to build working prototypes in November. The final winner will be awarded $1 million in November or December 2020.

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