Ultra-thin solar panels will be piloted at Canary Wharf.
Cambridge-based Polysolar was named as winner of the Sustainable Buildings stream of Canary Wharf Group’s Cognicity Challenge.
The competition was launched last month to identify and accelerate the development of smart city technologies.
Polysolar has developed transparent, thin-film photovoltaic glass panels that can be integrated into a building’s external structure.
It can be retrofitted into existing buildings, or integrated into new-builds.
The Cognicity Challenge is divided into six streams - the winner in each receiving a £50,000 cash prize and the chance to pilot its system at Canary Wharf.
Founding chair of the All-Party Parliamentary Group on Smart Cities and former MP Dan Byles said: “It is fantastic to see innovative companies like these breaking new ground in the fields of sustainable buildings and integrated transportation.
“If we want a sustainable planet we need sustainable cities, and Canary Wharf Group is showing real vision and leadership in this space with programmes like the Cognicity Challenge.
“The Government is working closely with thought leaders like Canary Wharf Group and Cognicity to help support UK capability in this sector, and the UK has the opportunity to lead the world in smart city thinking and implementation.”