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The Global Energy Prize annually honors outstanding achievements in energy research and technology from around the world that are helping address the world’s various and pressing energy challenges.

The Global laureate inducted in the National Inventors Hall of Fame

The Global Energy Prize laureate B. Jayant Baliga has been inducted into the National Inventors Hall of Fame. He will be welcomed during the 44 Annual Induction Ceremony on May 5, 2016. This year he has been recognized as one of 16 inventors whose life-changing achievements have benefited humanity through their groundbreaking work.

The National Inventors Hall of Fame (NIHF) is an American non-for-profit organization honoring monumental individuals who have contributed great technological and science achievements and helped stimulate growth for the nation and beyond.

NIHF`s primary mission is to "honor the people responsible for the great technological advances that make human, social and economic progress possible."

The criteria for induction into the National Inventors Hall of Fame requires candidates to hold a U.S. patent that has contributed significantly to the nation’s welfare and the advancement of science and the useful arts.

As of 2016, 532 inventors are enshrined in the Hall of Fame from the past three centuries, including approximately 100 living inductees.

Bantval Jayant Baliga invented the insulated gate bipolar transistor (IGBT), a semiconductor power switch that has reduced gasoline consumption by 10 percent and improved electrical energy efficiency by more than 40 percent, resulting in eliminating carbon dioxide emissions by over 100 trillion pounds worldwide during the past 25 years. Since its invention, the IGBT has saved consumers $24 trillion by reducing gasoline consumption by over 1.5 trillion gallons and electricity usage by over 75,000 TWhrs.

Baliga has been granted 120 U.S. patents, many of them commercialized via four successful start-up companies he founded in North Carolina.

"Being inducted into the National Inventors Hall of Fame as the sole inventor of the Insulated Gate Bipolar Transistor (IGBT) is a very special honor because inventors of only 500 of the more than 9 million U.S. patents issued to date have been given this recognition. It is wonderful that the IGBT is now included among the iconic innovations in our history. Joining the company of great inventors, such as Edison, Tesla, Pasteur, Daimler, and the Wright Brothers, is a special privilege for me",- underlines Jayant Baliga.

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