July 28, 2011
By: by Steve Janack, CNSE Vice President for Marketing and Communications
More than 20 emerging cleantech companies will showcase green technologies
during Clean Energy Investment Presentations on August 1 in New York City
Albany, NY - Further demonstrating New York's growing recognition as a home for green energy technologies and companies, more than 20 emerging cleantech start-ups will participate in a daylong business plan competition during the sixth annual New Energy Symposium, presented by New Energy New York (NENY) and the College of Nanoscale Science and Engineering's (CNSE) Energy and Environmental Technology Applications Center (E2TAC), in partnership with the New York Academy of Sciences, on August 1 in New York City.
The companies selected to participate in the Clean Energy Investment Presentations will showcase a host of innovative green technologies, including cutting-edge photovoltaic and clean coal technologies, novel methods to enable wind power and waste-to-energy projects, and improved battery storage, among others. Each company will present its technology and business plan to an audience of regional, national and international venture capitalists (VCs), private investors, corporate VCs, investment bankers and federal executives, with the top three presentations to receive cash prizes, in a collaboration with the National Renewable Energy Laboratory's (NREL) Industry Growth Forum.
The event comes on the heels of a $57.5 million award from the U.S. Department of Energy to CNSE and SEMATECH in April to establish the U.S. Photovoltaic Manufacturing Consortium (PVMC), and a report released July 13 by the Brookings Institution, which identified New York's Capital Region as the nation's leading metropolitan area for the percentage of workers employed by the green economy.
"It is incredibly exciting to have so many emerging cleantech start-ups in one place to showcase innovative technologies that will create real opportunities for our energy, environmental and economic future," said Tom Birdsey, President and CEO of EYP Architecture & Engineering and Chairman of NENY. "The sixth annual New Energy Symposium represents another positive step toward a cleaner, more sustainable and economically beneficial future for New York and the nation."
"The UAlbany NanoCollege, through its Energy and Environmental Technology Applications Center, is delighted to present an event which is both exciting and critical to our future," said Dean Fuleihan, CNSE Executive Vice President for Strategic Partnerships and Executive Director of CNSE's Nanotechnology Innovation Institute. "The symposium offers a unique platform through which emerging green energy companies can connect with industry executives, state and federal government officials and top-level university researchers, opening the door for collaborative opportunities that will better position our state and nation to compete in the 21st century clean energy economy."
"The sixth annual New Energy Symposium tackles head on the vital challenges of America's energy future," said Dr. Pradeep Haldar, CNSE Vice President for Clean Energy Programs, Professor and Head of CNSE's Nanoeconomics Constellation, Director of CNSE's E2TAC and Executive Director of NENY. "More importantly, it positions New York as a home for nurturing green technologies and companies, and reinforces the state's strong commitment to developing and supporting alternative energy technologies that are critical to society."
This year's New Energy Symposium will also feature a quartet of keynote speakers who will address the topics of innovation and entrepreneurship in the clean energy industry: U.S. Department of Energy Technology Transfer Coordinator Karina Edmonds; New York State Public Service Commissioner Robert E. Curry Jr.; Long Island Power Authority Assistant Vice President Dan Zaweski; and CNSE's Dr. Haldar.
A complete agenda, including registration information, is available at www.neny.org/nes/2011/home.