1366 Technologies Wafer Plant Will be Genesee County’s Biggest Economic Development Project

1366 Technologies, a manufacturer of technologies for the solar energy industry, announced that it will establish its first large commercial Direct Wafer production plant at the STAMP Business Park in Alabama, NY.

1366 will be the anchor tenant of the high-tech Science and Technology Advanced Manufacturing Park (STAMP) located between Buffalo and Rochester.

The company will invest $700 million to establish a 130,000-square-foot facility, and expects to create at least 600 new jobs over the next five years, and more than 1,000 new jobs eventually for the Finger Lakes Region and Upstate New York.

Video – NYGovCuomo

1366’s Direct Wafer technology offers significant advantages over traditional wafer manufacturing processes. It reduces the cost of the wafer by 50 percent, and provides reductions in capital expenditures and operating costs.

Their manufacturing facility at STAMP will scale up to a 3 GW wafer facility, housing 400 Direct Wafer furnaces, and will produce more than 600 million high-performance silicon wafers annually – enough to power 360,000 American homes.

Governor Andrew M. Cuomo said in a release that “Today’s announcement is an example of how we are combining this region’s natural strengths with our vision to develop New York’s entrepreneurial future and make the Empire State a true leader in developing the clean energy technologies of tomorrow.”

The $700 million project, starting with an initial investment of $100 million, is the biggest economic development project in Genesee County’s history.

The company already has a wafer facility in Bedford, MA. The site selection process that resulted in the company selecting Genesee County and STAMP was kicked off in 2011 when 1366 was awarded a $150 million federal loan guarantee from the U.S. Department of Energy to build a commercial-scale manufacturing facility.

1366 Technologies CEO Frank van Mierlo said in the release that “The facility in Bedford, Massachusetts was our proving ground. New York brings us to commercial scale. The technology is ready and 1366 is squarely positioned to lead in an industry undergoing rapid global growth.”

In order to secure this transformative project, lead New York economic development agency Empire State Development worked with the Genesee County IDA and other state agencies including New York State Energy Research and Development Authority (NYSERDA), New York Power Authority (NYPA) and the New York State Homes and Community Renewal (HCR).

The incentives package that 1366 will receive adds up to $56.3 million, and up to 8.5 megawatts of low-cost hydropower. Supported by the ESD grant, the Genesee County Economic Development Center (GCEDC) will consider local incentives of up to $41.7 million, including $12 million for the first phase of construction.

Empire State Development President, CEO and Commissioner Howard Zemsky said in the release that “We are proud to support 1366 Technologies’ newest venture and look forward to the continued growth of solar technologies in the Finger Lakes.”

Gil C. Quiniones, President and CEO, NYPA, added that “We’re especially excited to be working with 1366 Technologies, a company that, like NYPA, is heavily invested in clean energy.”

HCR Commissioner and CEO James S. Rubin likewise said that “HCR is proud to not only create and preserve affordable housing throughout the state, but to play a role in revitalizing the state’s economy.”

John B. Rhodes, President and CEO, NYSERDA, noted that “This project will build out the state’s growing clean energy economy, improve solar manufacturing, lower the cost of solar panels, and boost the solar market.”

Paul Battaglia, chairman of the GCEDC Board of Directors, pointed out that “STAMP is the result of years of collaboration between all levels of government especially between New York State, Genesee County, the Town of Alabama, and our many partners in the private sector.”

The 1,250-acre Science and Technology Advanced Manufacturing Park (STAMP) site is New York State’s second shovel-ready mega site, and is located within NYPA’s low cost hydropower zone serviced by redundant, highly reliable power.

The site, which has been named as a regional priority project by the Finger Lakes Regional Economic Development Council, was designed to attract large companies including semiconductor, display and imaging, photovoltaics, photonics, and bio-manufacturing firms.

Alaska Gets Five IEDC Excellence in Economic Development Awards

Nearly 1,000 economic development professionals from around the world are in Anchorage for the International Economic Development Council (IEDC) Annual Conference.

Anchorage, Alaska

Anchorage, Alaska (photo – neil alejandro/flickr)

The conference is expected to pump an estimated $2 million into the economy in the Anchorage and surrounding areas, not including spending by conference attendees who extended their trips to further explore Alaska.

It’s a happy coincidence that the host state is also one of the top winners of the IEDC Excellence in Economic Development Awards. Five Alaska organizations, including the Anchorage Economic Development Corporation (AEDC), have been named as award recipients in different categories.

AEDC took top honors in the General Purpose Website category, winning the Excellence in Economic Development Gold Award. Last year, AEDC embarked on a project to redesign AEDCweb.com to transform it into a modern, innovative website with user experience at the forefront of their objectives. The website continues to evolve and improve.

AEDC also took the Silver Award in the Special Event category. Their Crowdfunding AK event, part of AEDC’s 2014 Alaska Entrepreneurship Week, included a keynote presentation by Danae Ringlemann, co-founder of Indiegogo.com, as well as a panel of successful local crowdfunders.

Other Alaska organizations who won the IEDC Excellence in Economic Development Awards this year include the Alaska Division of Economic Development, the Alaska Industrial Development & Export Authority, Haa Aani Community Development Fund, Inc. and Huna Totem Corporation.

Another winner with two Gold Awards is the Los Angeles County Economic Development Corporation (LAEDC). One Gold Award in the Special Event category was for LAEDC’s Most Business-Friendly City (MDFC) Awards program. The second Gold Award was in the category of Business Retention & Expansion, honoring LAEDC’s Business Assistance Program (BAP), which reached the milestone of 200,000 jobs retained and created in LA County.

JoAnn Crary, CEcD, Chair of the International Economic Development Council and President of Saginaw Future Inc., said in a release that from localized community projects to large scale endeavors, economic development efforts have played a vital role in the global economy.

“As we address new and longstanding challenges, these efforts continue to take on even greater importance,” added Crary. “These two awards serve as a salute to pacesetting organizations like the Los Angeles County Economic Development Corporation (LAEDC) for leading the charge.”

Yet another Gold Award winner was the Rutgers Business School, honored for helping small businesses in New Jersey grow and create jobs through the Entrepreneurship Pioneers Initiative (EPI). Since its launch in 2009, over 180 entrepreneurs have participated in the EPI program. The aggregate impact of these companies exceeds $35 Million in annual revenue.

Lyneir Richardson, executive director of the Center for Urban Entrepreneurship and Economic Development (CUEED) at Rutgers Business School, accepted the award. “This is a prestigious honor and we are proud to be acknowledged for having social and business impact,” said Richardson.

The York County Development Corporation, which serves York County, NE, also won an Excellence in Economic Development Gold Award in the General Purpose Website category for communities with populations less than 25,000. YCDC launched a new economic development website in June last year, and has since continued to expand the site with new pages and information.

IEDC is a non-profit membership organization serving economic developers. With more than 4,600 members, IEDC is the largest organization of its kind.

Third SelectUSA Investment Summit to be Held in June 2016 in Washington, DC

The U.S. Department of Commerce will host the third SelectUSA Investment Summit on June 19-21, 2016 at the Washington Hilton in Washington, D.C.

2016 SelectUSA Investment Summit

2016 SelectUSA Investment Summit (photo – commerce.gov)

The SelectUSA Investment Summit has quickly become the premier venue for international investors of all sizes to find the right place, with the people, resources, and market they need to be successful.

The 2015 Summit welcomed close to 2,600 participants to Washington earlier this year in March, including 1,300 companies from more than 70 countries and over 500 U.S. economic development officials from all 50 states, the District of Columbia, Puerto Rico, and Guam.

Participants got the chance to hear from nearly a hundred top executives and senior federal and state officials in plenary and breakout sessions featuring President Obama, six Cabinet Secretaries, and three Governors. Global CEOs and other business leaders represented major international firms such as Berkshire Hathaway, BMW, Carlyle Group, Google, Michelin, Nestlé, Nissan, Samsung, Sony, Unilever, and Walmart.

Hundreds of investors and EDOs also participated in the SelectUSA Academy, an intensive pre-Summit orientation on the fundamentals of investing and promoting investment in the United States. Participants used the online matchmaking system to coordinate more than 1,700 business meetings, and many more meetings were facilitated by the U.S. Commercial Service and EDOs.

SelectUSA was established in 2011 as the first-ever government wide program to promote and facilitate job-creating business investment into the United States. In the past four years, SelectUSA has helped secure more than $17 billion in project investments across the country.

The program doubled the number of investors and U.S. economic development organizations it served last year to over 1,000, and is on track once again to increase its client base by more than 50 percent this year.

In a release announcing the 2016 SelectUSA Investment Summit, U.S. Secretary of Commerce Penny Pritzker said that the United States is home to a skilled and productive workforce, unmatched institutions of higher education, strong intellectual property protections, a commitment to innovation, an abundant and stable energy supply, and access to millions of global consumers through high-quality free trade agreements.

“For these reasons and more, CEOs from around the world have ranked the U.S. as the number one place to invest for three years in a row,” added Sec. Pritzker.

What: SelectUSA Investment Summit (www.selectusa.gov)

When: June 19-21, 2016

Where: Washington Hilton, Washington, D.C.

Oakridge Battery Manufacturing Expansion Brings 1000 Jobs to Palm Bay, Florida

Oakridge Global Energy Solutions, a global developer and manufacturer of solid-state battery systems and lithium technology, has announced an expansion of its operations in Palm Bay, FL.

Oakridge

Oakridge (photo – oakg.net)

Supported by Enterprise Florida, the Economic Development Commission of Florida’s Space Coast and the City of Palm Bay, the company plans to invest $270 million to expand its operations into a larger 230,000-square-foot facility.

The company, which currently employs 36 people in Florida, will ramp up its workforce to create 1,000 new jobs for Palm Bay and Brevard County. These will be jobs with an average annual wage of $50,075.

Apart from this expansion, OGES also recently completed the relocation of their corporate headquarters into a new 68,718-square-foot facility in Palm Bay.

Governor Rick Scott said in a release that “Oakridge Global Energy Solutions could have moved their headquarters anywhere in the world and I am proud to announce that they chose to remain in Florida and create 1,000 new jobs.”

Oakridge Executive Chairman and CEO Steve Barber added that “We appreciate the support of Governor Scott, Enterprise Florida, the EDC of Florida’s Space Coast and our local partners at the City of Palm Bay as we begin this great expansion.”

In order to secure “Project Charge 2,” the Space Coast EDC leveraged the City of Palm Bay Ad Valorem Tax Abatement program. The company has other existing U.S. facilities in Nevada and Utah, and was considering those locations for the expansion in the absence of a tax abatement.

EDC President and CEO Lynda Weatherman said in a release that “It is gratifying to see this project move forward in Brevard, not only because of its scale, but also, because it brings even more diversity to our manufacturing base.”

Apart from the 1,000 direct jobs and $270 million investment, the Oakridge expansion will support the creation of another 649 indirect and induced jobs, adding up to total net new wages of more than $75.1 million.

The company’s future growth plans could likewise prove to be highly beneficial for Palm Bay and Brevard County economic development. Oakridge expects to be producing 1,200,000 batteries per year by 2018. Current projections call for an additional 300,000 to 400,000 square feet of manufacturing capacity and employment reaching 1,800 to 2,500 full-time workers by 2020.

City of Palm Bay Economic Development Officer Andy Anderson said in the release that “The workforce potential in our community is significant and a company like Oakridge Global Energy Solutions will add to what we already know Palm Bay to be, a value added place to work live and play.”

Yahoo Cites Renewable Energy and WA State Commitment For Quincy Data Center Expansion

Yahoo! Inc. has announced plans for an expansion of their data center operations in the City of Quincy, WA.

Yahoo

Yahoo (photo – Yahoo Inc/flickr)

The addition of 300,000 square feet of space effectively doubles the size of the Yahoo data center in Quincy and will house thousands of new servers.

Yahoo already has 50 employees at the site, and the expansion project will create more jobs over the coming year. The Quincy data center is one of Yahoo’s three owned and operated data centers in the United States, and a key component of their data center architecture, serving hundreds of millions of users across the world.

Mike Coleman, Senior Director for Data Center Operations, said in a post on the Yahoo! Blog that their expansion in Quincy is a reflection of their commitment to the people of Quincy, Grant County, and the State of Washington.

“Our decision to expand our data center is a direct result of the unbeatable mix Quincy offers: impressive local talent, abundant renewable energy sources, and Washington State’s commitment to creating an attractive business location,” said Coleman.

Quincy Mayor Jim Hemberry noted in a release that the community fought for the tools to win the jobs created by new data centers, and Yahoo’s decision proves the fight was worthwhile.

The city of Quincy, which bills itself as the place where “Agriculture Meets Technology,” has become a magnet for the data center operations of major companies located in Silicon Valley, Seattle and other tech hubs in the West Coast. Quincy is now is home to the data center operations of companies including Yahoo, Microsoft, Dell, Sabey and others.

The location offers an abundant supply of cheap green hydropower generated by area dams. The Yahoo Quincy data center is powered almost entirely by hydropower and wind. Also, data center projects in Quincy have become a lot more appealing since the 2007 renewal of Washington economic development tax incentives for data center projects locating in rural counties.

WA Senate Majority Leader Mark Schoesler said in the release that “Yahoo’s announced expansion is exactly what our Senate majority had in mind when we led the drive to renew tax incentives for data centers. It is timely proof of how good tax policies can help our state compete for good jobs.”

John Boyd, Quincy Superintendent of Schools, stressed on the positive impact of the additional property taxes that Yahoo will pay. “Yahoo’s expansion will ensure that substantial property taxes paid by their new data center will be available to support our effort to create innovative learning opportunities for our students,” said Boyd.

Trans-Pacific Partnership Includes Development Chapter, Environmental Protections

The 12 members of the Trans-Pacific Partnership (TPP) have successfully concluded negotiations on a free trade agreement that is expected to vastly enhance and facilitate trade between North America and the Asia-Pacific region.

Trans-Pacific Partnership

Trans-Pacific Partnership (photo – ustr.gov/tpp)

The 12 countries that make up the TPP are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam, representing a market of nearly 800 million people and a combined GDP of $28.5 trillion.

The core U.S. economic development benefit from the TPP is the elimination of over 18,000 taxes that are currently applied in the form of import tariffs on products made in America. For example, TPP eliminates import taxes as high as 59 percent on U.S. machinery products exports to TPP countries. Last year, the U.S. exported $56 billion in machinery products to these countries.

Similarly, TPP eliminates import taxes as high as 70 percent on U.S. automotive products exports to TPP countries, which totaled $89 billion last year. TPP will likewise eliminate import taxes as high as 35 percent on U.S. ICT exports to TPP countries, which totaled $36 billion last year.

In the agricultural sector, TPP will eliminate import taxes as high as 40 percent on U.S. poultry products, 35 percent on soybeans, and 40 percent on fruit exports.

It’s also going to fuel resurgent state economies. Arizona, for example, is expected to gain more than $19 billion in international trade, economic growth, and lower costs for the state’s consumers. Arizona economic development projections suggest that TPP will create 17,000 new jobs for Arizonans and significantly expand foreign direct investment in the state.

However, unlike previous free trade agreements, this one also includes strong provisions for everything from worker rights to environmental protections, small business growth, good governance, and a commitment to preserve an open Internet.

TPP also includes the first-ever development chapter in a U.S. free trade agreement. There are stand-alone chapters dedicated to development and capacity-building, as well as a wide range of commitments to promote sustainable development and inclusive economic growth, reduce poverty, promote food security, and combat child and forced labor.

U.S. Secretary of the Interior Sally Jewell issued a statement saying that “Today’s agreement demonstrates that we can successfully pursue trade and economic development while enhancing protections for the one world that we share.”

Other TPP members are just as excited about the agreement. Brad Duguid, Ontario Minister of Economic Development, Employment and Infrastructure, and Jeff Leal, Minister of Agriculture, Food and Rural Affairs, issued a statement saying that “The proposed Trans-Pacific Partnership (TPP) announced by the federal government promises significant new market opportunities for Ontario firms, including our aerospace, financial services, life sciences and agri-food sectors.”

Sugar Land, TX Considers Economic Development Incentives For Schlumberger Headquarters Relocation

Schlumberger, the world’s largest oilfield services company, is considering relocating its headquarters to the City of Sugar Land, TX.

Schlumberger Complex, Sugar Land, TX

Schlumberger Complex, Sugar Land, TX (photo – WhisperToMe/wikimedia)

Supported by Sugar Land economic development incentives and tax abatements, the project will bring $200 million in capital investment in real improvements and personal property to the city, along with the creation of more than 500 new jobs for Sugar Land and Fort Bend County.

At its next meeting, the Sugar Land City Council is scheduled to consider an economic development agreement with a package of incentives to support and facilitate Schlumberger’s headquarters relocation from Houston to Sugar Land. The company previously relocated its corporate headquarters from New York to Houston in 2005 in order to bring their corporate office in close proximity to their vast operations in the Greater Houston region.

Schlumberger will now move its headquarters operations to Sugar Land, where the company plans on making improvements to a 32.479-acre section of its existing complex. The company is already one of the key drivers of Sugar Land economic development as the City’s second-largest employer with the largest existing assessed valuation for property tax purposes, and consistently among the top sales tax remitters.

The headquarters relocation project includes the addition of over 250,000 square feet of Class A office space in Sugar Land, and a new 100,000-plus square feet amenities building. The project also includes demolition of obsolete buildings on the site in question, along with repair of site utilities, and reconstruction of the landscape features to improve the site experience for employees and visitors.

The incentive package the City Council will take up for consideration includes a direct incentive from the Sugar Land Development Corporation (SLDC), along with a 100 percent tax abatement for 10 years on the associated new real improvements and personal property and the completion of the widening of Industrial Boulevard by the City and Fort Bend County. The tax savings the company will realize is expected to be in the amount of $5,307,960 over the 10-year abatement period.

Schlumberger (NYSE:SLB), founded in 1926 in France, is the world’s leading supplier of technology, integrated project management and information solutions to oil and gas industry customers worldwide. With principal offices in Paris, Houston (being relocated to Sugar Land), London and The Hague, the Fortune Global 500 company employs approximately 108,000 people working in more than 85 countries, and generated $48.58 billion in revenue last year.

Indianapolis Secures $600M Rolls-Royce Modernization

Rolls-Royce Corporation has announced a nearly $600 million investment for a comprehensive modernization of its jet engine production factory in Indianapolis, IN.

Rolls-Royce Indianapolis

Rolls-Royce Indianapolis (photo – the.urbanophile/flickr)

Details about the company’s modernization plans were announced at an event held today at the UAW Training Center Auditorium where Governor Mike Pence, Indianapolis Mayor Greg Ballard and other state and local officials joined Rolls-Royce executives.

In a release announcing the project, Gov. Pence said that “This global company had a world of options to consider when evaluating plans for future growth, but Rolls-Royce narrowed in on the state of Indiana for this investment because we offer the business-friendly climate, workforce and strategic university partnerships needed to remain competitive and to succeed in the aerospace and defense industry.”

Marion Blakey, president and chief executive officer of Rolls-Royce North America, added that “This investment ensures that we can increase our competitiveness in the market, which will benefit both our customers and Rolls-Royce.”

The Tibbs Avenue jet-engine production plant is Rolls-Royce’s largest U.S. facility, and employs 1,500 people. All told, Rolls-Royce has approximately 4,300 employees working in Indianapolis in manufacturing, assembly, test, engineering and a variety of staff support roles.

Even so, there has been a question mark on the future of the aging jet engine plant ever since Rolls-Royce North America selected Reston, VA for its regional headquarters, and established an advanced manufacturing and research campus in Crosspointe, VA.

This large investment in the Tibbs Avenue plant’s modernization, coupled with the recent announcement of Rolls-Royce taking up space at the Purdue Research Park Aerospace District in West Lafayette, IN, renews the company’s commitment towards its operations in the Greater Indianapolis region.

Indiana worked hard to secure the Rolls-Royce project. Plans for a proposed modernization of the Tibbs Avenue jet engine manufacturing plant were first made public earlier this year in April. After that, the Indiana General Assembly moved quickly to approve legislative changes to the Hoosier Business Investment tax credit program in order to provide tax incentives for the project.

Senate Enrolled Act 441 pushed back the sunset date for the Hoosier Business Investment tax credit to Jan 01, 2021. As per the modified law, the Indiana Economic Development Corporation may under a written agreement accelerate payment of unused excess tax credit that certain taxpayers would otherwise be eligible to carry forward to a subsequent tax year, with the caveat that the accelerated tax credits IEDC approves cannot exceed $17 million in a state fiscal year.

This change was tailored specifically to provide Rolls-Royce up to $17 million in tax incentives for its modernization plan, even though the company is not creating any new jobs with this particular project.

IEDC has now offered Rolls-Royce up to $17,000,000 in conditional tax credits and up to $1,425,000 in training grants based on the company’s committed investment. The city of Indianapolis will consider additional incentives at the request of Develop Indy, a business unit of the Indy Chamber.

Indianapolis Mayor Greg Ballard said in the release that ” “This is an internationally-renowned company that could have chosen to invest anywhere on the map, and I am very proud that they selected Indianapolis.”

London, U.K.-based Rolls-Royce Holdings plc, through its two main business divisions, Aerospace and Land & Sea, has customers in more than 120 countries and employs over 54,000 people in more than 50 countries. Last year, the company’s underlying revenue was £14.6 billion, and they had a firm announced order book totaling £76.5 billion as of the end of June this year.

Catawba County Economic Development Incentives For Axjo Project in Conover, NC

At its next meeting, the Catawba County Board of Commissioners will consider approval of an economic development agreement between the County and Axjo America, Inc.

Axjo

Axjo (photo – axjo.com)

Axjo America, a subsidiary of Swedish company Axjo AB, plans to invest $11.1 million to up-fit and equip an existing manufacturing facility in Conover, NC.

As part of the expansion, the company will create 14 new jobs and retain 15 existing jobs over five years. The new jobs being created will meet or exceed 100 percent of the county average annual wage of $36,770, or $17.68 per hour.

Axjo America first established its presence in Hickory, NC in 2011, but has since outgrown its facility. Before selecting the property at 221 S. McLin Creek Road in Conover for this latest expansion, the company conducted an exhausting search for suitable buildings in Hickory and other locations, including other counties in North Carolina and South Carolina.

Axjo uses primarily recycled, environmentally friendly materials and the latest injection molding technology to produce fiber-optic reels for spooling equipment. The company has been focused on production of plastic spool products for the cable industry in smaller sizes, but plans on expanding into larger spool sizes over the next five years, and will be adding new injection molding machines at its operations in the county.

In order to secure this expansion project and support the company’s investment and job creation plans, the Catawba County Board of Commissioners will consider approving tax incentives equal to 50 percent of new tax receipts generated by Axjo America annually for six years, adding up to a maximum of $132,539 during this period.

These incentives will be based on a Catawba County economic development agreement which requires Axjo America to meet minimum thresholds of $11.1 million in investment, retention of 15 existing jobs and creation of 14 new jobs by 2020. All the jobs will meet or exceed 100 percent of the county average wage at $36,700.

The agreement also includes clawback provisions that require repayment of incentives should the investment and job creation amounts not be met or sustained. The company will also agree to not hire anyone 25 years of age or below without a minimum of a high school diploma.

Axjo AB was founded in 1945, and is now a leader in environment-friendly drums, spools and reels in smart plastics. The company has operations in 30 countries, with manufacturing facilities located in Sweden, China, Portugal and the United States, and 13 storage facilities at locations in Europe and the U.S.

New York Launches Million-Dollar Clean Energy Competition For Student Groups

New York State has launched a new clean energy competition for colleges and schools that aims to encourage student-led coalitions across the state to develop creative ideas to aggressively reduce greenhouse gas emissions on school campuses and beyond.

NY Energy Goal REV

NY Energy Goal REV (photo – ny.gov)

The competition will award $1 million each to three groups that propose the best ideas to invest in clean energy, to be used for implementing their plans.

In a release announcing the clean energy competition, Governor Andrew M. Cuomo said that “Our State’s college students have a pivotal role to play in building a cleaner and more energy-efficient future – and with these awards, we hope to inspire the next generation to change the world.”

The proposals submitted by student-led university groups, which may include faculty and other staff members, will be evaluated on their ideas to improve energy efficiency, increase renewables and reduce overall greenhouse gas emissions.

The awards will be administered as part of the REV Campus Challenge, which is in turn a part of Gov. Cuomo’s “Reforming the Energy Vision” strategy to build a clean, resilient, and affordable energy system for all New Yorkers.

Other REV initiatives that have already been launched include NY-Sun, NY Green Bank, NY Prize, and K-Solar. All these initiatives support the state’s goals of reducing greenhouse gas emissions by 40 percent while generating 50 percent of its electricity from renewable energy sources by 2030.

The REV Campus Challenge is doing its part by helping colleges and universities meet their financial, environmental, academic, and community goals through implementation of clean energy projects and principles on campus, in the classroom, and in surrounding communities, while at the same time helping scale up total clean energy use in the state.

All two- and four-year public and private colleges and universities in New York State are eligible to become members of REV Campus Challenge, which is coordinating with the New York Power Authority in order to align it with other clean energy commitments.

Richard Kauffman, Chairman of Energy and Finance for New York State, said in the release that this announcement by Governor Cuomo will help New York’s great student minds think big and turn ideas into action, driving the State towards a clean energy future for all.

The New York State Energy Research and Development Authority (NYSERDA) will begin accepting the clean energy competition proposals early next year, with awards to be announced later in the year.

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