Binghamton University's New Energy New York (NENY) project has been designated as a hub for battery innovation by the US federal government. The project received a Regional Tech Hub designation from the Biden-Harris administration and the US Department of Commerce's Economic Development Administration (EDA). This designation aims to promote regional innovation and job creation by strengthening a region's ability to manufacture and deploy technology. NENY is the only recipient in the battery industry and its designation expands the project's goals and geographical reach. The designation will help establish the region as a leader in energy storage.
Frequently Asked Questions
What is the Binghamton University-led battery initiative?
The Binghamton University-led battery initiative is a project called New Energy New York (NENY). It has been designated by the federal government as a hub for battery innovation.
What are the goals of the battery initiative?
The goals of the battery initiative are to bolster battery technology innovation in upstate New York and strengthen the domestic battery manufacturing and supply chain.
How much funding has the project received?
The project has won $113 million in funding and is expected to receive additional funding from the federal government.
What is the significance of being designated as a federal Tech Hub?
The designation as a federal Tech Hub opens up opportunities for federal funding, potentially up to $75 million.
What is the Biden-Harris Administration's role in this initiative?
The Binghamton University-led battery initiative is part of the Biden-Harris Administration's plan to create regional tech hubs that spur American innovation and create jobs.
Where can I find more information about the battery initiative?
You can visit the following sources for more information: