German photographer and artist Wolfgang Tillmans has been awarded the 2015 Hasselblad Foundation International Award in Photography, worth SEK1,000,000 (roughly $120,000).

Tillmans will be presented with the prize at a ceremony in Gothenburg, Sweden on November 30, 2015. On December 1, the Hasselblad Center will open an exhibition of Tillman’s work, in conjunction with the launch of his new book and a symposium with the artist.

The foundation explained in a statement: “Wolfgang Tillmans has established himself among the most original and innovative artists of his generation, constantly pushing the photographic medium in new directions. His practice has covered subjects of pressing political and social importance since the 1990s, reflecting both directly and indirectly on the power of the photographic image to engage critically with the world around us.”

The foundation’s annual photography prize is considered to be amongst the most important in the world. Previous recipients have included Miyako Ishiuchi, Japan, in 2014, Joan Fontcuberta, Spain, in 2013, Paul Graham, Great Britain/USA, in 2012, Walid Raad, Lebanon/USA, in 2011, and Sophie Calle, France, in 2010 (see Miyako Isiuchi Wins Hasselblad Award for Photography).

The Hasselblad Foundation was founded under the terms of the will of Dr. Victor Hasselblad and his wife Erna in 1979. The foundation aims to promote education and research in the field of photography and natural sciences.