August 10, 2010
Companies Presenting to Potential Investors Include Firms from NYSERDA-Sponsored Incubators at CNSE's iCLEAN, NYU Poly NYC ACRE, and Syracuse's CleanTech Center
NEW YORK CITY — The New Energy New York Symposium, held in New York City and presented by the College of Nanoscale Science and Engineering's (CNSE) Energy and Environmental Technology Applications Center (E2TAC), has selected several companies supported by the New York State Energy Research and Development Authority (NYSERDA) to make presentations at the conference on Tuesday, August 10.
Four of the companies presenting are from the NYSERDA-sponsored CNSE Incubators for Collaborating and Leveraging Energy and Nanotechnology (iCLEAN), including BESS Technologies, Energy Materials Corporation, NetZero Energy Systems – ThermaVault, and Nexeon Energy Solutions.
Another four companies are from the NYSERDA-sponsored New York City Accelerator for a Clean and Renewable Economy (NYC ACRE) at the Polytechnic Institute of New York University (NYU-Poly), including Annellotech, Rentricity, Sollega, and Wind Products, Inc. One company, Paper Battery Co., is a client of the Clean Tech Center (the Syracuse incubator), and six other companies received support from NYSERDA. Twenty companies in total have been selected to present.
The 2010 New Energy Symposium, which is being held August 9-10 at the World Trade Center offices of the New York Academy of Sciences, highlights both the importance of alternative energy technologies and New York's leadership in developing and supporting clean and renewable energy companies. It is presented by New Energy New York ("NENY") and CNSE's E2TAC.
The companies will make presentations to regional and national venture capitalists, private investors, investment bankers and federal executives. The top three presentations will be recognized and encouraged to participate in NREL's upcoming Industry Growth Forum, and a “Clean Energy Entrepreneur of the Year” will also be honored.
Companies making presentations represent the broad spectrum of NYSERDA's investments in clean energy business development, and include companies that have received funding for business development, or are clients of NYSERDA-sponsored business incubators. These companies include:
- Anellotech. Provides a thermochemical catalytic platform technology for inexpensively producing renewable petrochemicals and transportation fuels from non-food biomass.
- BESS Technologies. Offers a novel anode technology for lithium-ion (Li-ion) batteries to allow customers to produce batteries with longer working lifetimes per charge with lower weight and volume.
- Ener-G-Rotors. Developed a novel technology capable of efficiently generating electricity from low grade waste heat to allow users to save money, increase their energy efficiency, and lower their carbon footprint.
- Energy Materials Corporation. Will develop, manufacture, and sell high efficiency photovoltaic polymer films for use in a wide variety of electric power generation applications, including large scale power generation, residential and industrial uses both on and off grid, and building integrated (BIPV) applications.
- GeoEnergy Enterprises LLC. Developed significant advancements in geothermal ground pumps to significantly reduce the depth of the wells, the footprint and the costs.
- NetZero Energy Systems. Developed a proprietary thermal energy storage system (TESS) that offers significantly higher efficiencies than current thermal storage systems.
- Nexeon Energy Solutions. Developed a new smart window component that replaces various coatings and gas fills in windows with equal or greater efficiency at lower cost.
- Paper Battery Company.Developed a structural sheet material that stores energy and is integrated ubiquitously into everyday structures. The cost of storage is now amortized over the life of the structural element, creating a disruptive cost model that enables large scale deployment of storage.
- Plug Power Inc. Develops, manufactures, integrates and services proprietary fuel cell solutions. It is presenting on its GenSys Blue system that will generate electricity along with heat for space conditioning and hot water at significantly higher efficiencies.
- Rentricity. Provides hydrokinetic energy recovery services to water utilities.
- Solar Sentry. Developed instrumentation and web-based diagnostic services to allow developers of large solar electric sites to maximize their financial return and minimize risk.
- Sollega. Developed products to simplify and accelerate the adoption of solar energy technologies by reducing the mounting and installation costs associated with solar arrays.
- Wind Products Inc. Developed a product to analyze wind energy, and small wind turbines that are efficient and appropriate for urban and suburban wind harvesting
Dr. Pradeep Haldar, CNSE Professor and Head of Nanoengineering and Director of E2TAC, also will make a presentation. He runs the iCLEAN Incubator in Albany which was created this year with NYSERDA seed funding. Dr. Haldar serves as Director of the Energy & Environmental Technology Applications Center and the Associate Vice President of Energy Programs at CNSE, and is Founding Professor and Head of the NanoEngineering Constellation at CNSE. He has partnered with several start-up and large companies in technology development initiatives.
Les Neumann, Managing Director of the Hudson Valley Center for Innovation (HVCFI), will serve on the evaluation panel. HVCFI is a partner with the iCLEAN incubator. Prior to becoming Managing Director of the HVCFI, Mr. Neumann served as the Chief Operating Officer of VRSim, a Connecticut based virtual reality development company charged with the development of numerous simulations for private industry, government and military applications.
President and CEO of NYSERDA Francis J. Murray said, “NYSERDA is proud to have played a role in the early stages of so many companies that are on the cutting edge of clean energy technology. Their commitment to building clean energy businesses in New York demonstrates New York's growing influence in clean energy economy nationwide.”
The NYSERDA-supported companies are among hundreds of companies that have received assistance to help develop and commercialize cutting-edge clean energy technologies and products. Six of the NYSERDA-supported companies presenting at the conference are tenants of NYSERDA's business incubators. CNSE, which is presenting the symposium with New Energy New York, houses a NYSERDA-funded business incubator in Albany.
NYSERDA offers innovative programs, technical expertise and funding to help consumers increase energy efficiency and save money while helping businesses create clean energy solutions. NYSERDA's professionals help New Yorkers reduce energy consumption, increase the use of renewable energy, protect our environment and create clean energy jobs. A public benefit corporation, NYSERDA has been developing partnerships to advance innovative energy solutions in New York since 1975.
The UAlbany CNSE is the first college in the world dedicated to education, research, development, and deployment in the emerging disciplines of nanoscience, nanoengineering, nanobioscience, and nanoeconomics. CNSE's Albany NanoTech Complex is the most advanced research enterprise of its kind at any university in the world. With over $6 billion in high-tech investments, the 800,000-square-foot complex attracts corporate partners from around the world and offers students a one-of-a-kind academic experience. The UAlbany NanoCollege houses the only fully-integrated, 300mm wafer, computer chip pilot prototyping and demonstration line within 80,000 square feet of Class 1 capable cleanrooms. More than 2,500 scientists, researchers, engineers, students, and faculty work on site at CNSE's Albany NanoTech, from companies including IBM, AMD, GlobalFoundries, SEMATECH, Toshiba, Applied Materials, Tokyo Electron, ASML, Novellus Systems, Vistec Lithography and Atotech. For more information, visit www.cnse.albany.edu.
New Energy New York is a consortium of New York energy-related technology organizations convened to expand and promote energy technology excellence in New York State. Formation of NENY is the direct result of a forum hosted by U.S Senator Charles Schumer in December of 2002 to look at ways the state's high-tech companies could interact to address energy-related technology issues. The idea behind creating a formal consortium of companies to pursue common technology initiatives is to bring attention to the state's leadership on clean-energy resources, and to provide benefits to each of the members through cooperation and coordination of marketing initiatives. For more information, visit www.neny.org/.
The Energy and Environmental Technology Applications Center (E2TAC) was created in 1998. It was established as an active expansion of the College of Nanoscale Science and Engineering to work with companies in the rapidly emerging energy and environmental industries. E2TAC provides a critical platform for CNSE to leverage its intellectual power base and state-of-the-art infrastructure to provide an applications-targeted resource supporting technology development, leading to the integration of nanoelectronics and nanotechnology in advanced energy and environmental applications. For more information, visit www.e2tac.org/.
About Polytechnic Institute of New York University
Polytechnic Institute of New York University (formerly Polytechnic University), an affiliate of New York University, is one of New York City's most comprehensive schools of engineering, applied sciences, technology, and research, and is rooted in a 156-year tradition of invention, innovation, and entrepreneurship: i2e. The institution, founded in 1854, is one of the nation's oldest private engineering schools. In addition to its main campus at MetroTech Center in downtown Brooklyn, it offers programs at sites throughout the region and around the globe. NYU-Poly has centers in Long Island, Manhattan and Westchester County; globally, it has programs in Israel, China and will be an integral part of NYU's campus in Abu Dhabi opening in autumn 2010. For more information, visit www.poly.edu.
Jeffrey Gordon, NYSERDA
518-862-1090 ext. 3544
Last Updated: 11/20/2012