A UK start-up called Barocal just scored a major win—and a cool $1 million—for its work in green energy tech. They took home the top prize at this year’s TERA-Award, a competition backed by Hong Kong billionaire Peter Lee Ka-kit, who’s on the hunt for breakthrough climate solutions. Barocal focuses on energy storage and conversion, two big pieces of the clean-energy puzzle. With a record 785 entries this year, the competition’s heating up, and Barocal’s win puts them in the spotlight as a potential game-changer.

Editor’s Note: This isn’t just another start-up success story—it’s a sign that serious money and attention are flowing into climate tech. Peter Lee’s TERA-Award is basically a talent scout for the next big green energy breakthroughs, and Barocal’s win hints at the kind of ideas gaining traction. With climate deadlines looming, spotting and funding these innovations fast could make all the difference. Plus, it’s a reminder that the race to decarbonize isn’t just about big corporations—small players with big ideas are in the mix too.