Olafur Eliasson. Photo courtesy MIT.

Olafur Eliasson has won the Massachusetts Institute of Technology's 40th Eugene McDermott Award in the Arts for 2014. The award includes a $100,000 cash prize, artist residency, public lecture and pop-up exhibitions.

Berlin-based Eliasson is recognized for his large-scale public art projects, such as the installation The Weather Project (2003) at London's Tate Modern, which transformed the museum's Turbine Hall with an artificial sun and other sensory experiences. One of his more recent projects is Little Sun, a solar-powered LED lamp, created in collaboration with engineer Frederik Ottesen, which is intended to assist the over one billion people who live without electricity.

Selected by the MIT's Council for the Arts, Olafur was praised for his art practice that "extends the boundaries of our sensory perception and awareness about what art can do in the world" by MIT associate provost Philip S. Khoury. He will receive the award at a gala in his honor in March 2014. Previous recipients of the award include Bill Viola, I.M. Pei, and Junot Díaz.