April 11, 2011
By: by Mark Eagan, Chamber president and CEO
Editor's note: The following is a letter submitted to local print media outlets by Mark Eagan, Chamber president and CEO, after the College of Nanoscale Science and Engineering of the University at Albany received a $57.5 million federal grant for solar cell research.
"Build it and they will come" is more than just a memorable line from a great movie. It's an apt description for the nanotechnology initiative that is making New York's Tech Valley the world leader in the Industrial Revolution of the 21st century.
The award of a $57.5 million grant by the Department of Energy to the College of Nanoscale Science and Engineering of the University at Albany to establish the $400 million U.S. Photovoltaic Manufacturing Initiative firmly establishes CNSE as the national innovation hub for the photovoltaic revolution.
Just as it has made the Capital Region the centerpiece of the nanoelectronics industry, CNSE will jump-start the growing solar energy sector, developing the renewable technologies our country needs while fueling huge economic impact in terms of high-tech job creation and private investment.
The success in attracting this funding highlights the leadership of Dr. Alain Kaloyeros, CEO of CNSE and New York's federal delegation.
I eagerly look forward to continuing our partnership with the NanoCollege - our own "Field of Dreams" - knowing that it is driving unprecedented opportunity that will benefit everyone.