One of the most important events in the energy field was held in Moscow. The name of the Global Energy Prize laureate was announced during the international press conference. In 2017 the prestigious award goes to Michael Graetzel (Switzerland) “for transcendent merits in development of low cost and efficient solar cells, known as “Graetzel cells”, aimed to creation of cost-efficient, large-scale engineering solutions for power generation”. He will receive a golden medal and RUB 39 million (approximately $ 693 000).