Bangladeshi innovator Mustafa Al Momin received the prestigious Zayed Sustainability Prize of USD $1 million in the Energy category from United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan for his innovation in revolutionizing transportation in Bangladesh.
This achievement also marked a historic moment as the Bangladeshi flag was raised on the global stage for the first time in this capacity, according to the winner.
Expressing his gratitude, Mustafa Al Momin stated, “This is just the beginning; there is a long journey ahead. With greater recognition comes greater responsibility. May Allah make our path easier.”
Mustafa Al Momin received the award for revolutionizing transportation in Bangladesh through his company, Palki Motors.
Palki Motors, a Bangladeshi company, has developed a low-cost, sustainable transportation solution aimed at addressing the region’s mobility and energy challenges.
“Their electric vehicles and solar-powered battery swap stations are already benefiting 23,000 people. By reducing transportation costs and offering an environmentally friendly alternative to gasoline-powered vehicles, Palki Motors is making a significant impact on air quality and mobility in urban and rural areas,” said the organizers.
The solar battery swap stations further enhance this innovation by providing decentralized, sustainable charging infrastructure that supports the growing adoption of electric vehicles, particularly in areas with limited access to conventional charging stations.
The Zayed Sustainability Prize is a globally renowned award recognizing impactful and innovative sustainable solutions, and this recognition further establishes Bangladesh’s commitment to advancing sustainable energy solutions.
In this year’s Energy category, the finalists are setting new benchmarks in renewable energy solutions that benefit communities around the world.
With advancements ranging from eco-friendly electric vehicles to cutting-edge hydropower technologies, these initiatives are empowering people and transforming energy access in both urban and rural areas. The finalists, hailing from Nigeria, Bangladesh, and Belgium, are working to reduce carbon footprints, enhance energy security, and provide affordable alternatives to traditional energy sources.
