NYSERDA Announces Completion of 76West Grand Prize Winner Skyven’s First Order in the Southern Tier

Technology is One of the First Renewable Solar Solutions for Industrial Steam in the World

July 30, 2018

The New York State Energy Research and Development Authority (NYSERDA) today announced the completion of Skyven Technologies’ first shipment of Intelligent Mirror Array, one of the world’s first solar solutions for industrial steam, which was manufactured in the Southern Tier. Skyven was the $1 million grand prize winner of last year’s 76West Clean Energy Competition, launched by Governor Andrew M. Cuomo in 2016. 76West is one of the largest competitions in the country that focuses on supporting and growing clean energy businesses and economic development. The competition complements “Southern Tier Soaring,” the region’s comprehensive strategy to generate robust economic growth and community development.

“The 76West competition is supporting clean energy and helping to grow the technology industry in New York,” said Lieutenant Governor Kathy Hochul. “Skyven Technologies’ shipment of one of the world’s first solar solutions for industrial steam is a testament of the advanced manufacturing in the Southern Tier region that is generating economic growth and complementing the Southern Tier Soaring strategy.”

Alicia Barton, President and CEO, NYSERDA, said, “The 76West competition enables emerging clean technology companies like Skyven to become integrated into this clean energy ecosystem that Governor Cuomo is building in the Southern Tier. Today’s announcement is a significant step forward for Skyven and reflective of the innovative companies that are bringing their business to New York.”

Skyven’s Intelligent Mirror Array technology is a unique renewable solution for industrial steam that can be used to reduce greenhouse gas emissions from industrial boilers. It uses panels, similar to solar panels, that magnify the sun’s heat by concentrating sunlight, which can then be used to provide energy to industrial buildings at reduced costs.

Skyven, which is based in Dallas, was named the $1 million grand prize winner at a 76West award ceremony in Binghamton last year. As a condition of the award, all companies must either move to the Southern Tier or establish a direct connection with the Southern Tier, such as a supply chain, job development with Southern Tier companies, or other strategic relationships with Southern Tier entities that increases wealth creation and creates jobs. Skyven, has been working with Cameron Manufacturing and Design in Horseheads to finalize the technology and manufacturing specifications. The first order of panels has been completed. Skyven is working with The Radiant Store, based in Troy, to install the system at Copses Farms, in Valley Falls. Due in part to Skyven’s technology order, Cameron has expanded its operations.

Arun Gupta, PhD, CEO and Founder of Skyven said, “We work with our customer to reduce their carbon footprint and save them money. We’re extremely happy to see our first commercial production and deployment take place in Upstate New York and look forward to continuing our work with our partners in the Southern Tier to install many more systems throughout the state.”

Michael Chevalier, New Business Development and Sales Account Executive said, “Cameron is always looking for growth opportunities and partners, as we have been manufacturing the future since 1983. We are thrilled to be partnering with Skyven Technologies on their unique renewable system that will reduce greenhouse gas emissions and provide a healthier environment for industrial buildings.”

Terry Moag, owner, The Radiant Store, said, “This is ground-breaking technology that focuses on a market that is currently under-served. This system has a lot of potential to create opportunities for both manufacturers and installers and I look forward to helping Skyven integrate its technology in New York State.”

Eric Mayer, owner of Copses Farms said, “We’re very excited to be part of this project. Their new technology is very interesting and we are thrilled to be the first in New York State to have it installed on our property.”

Currently in its third year, 76West is a $20 million competition and support program administered by NYSERDA that started in 2016 and will run through 2019. Each year applicants compete for a $1 million grand prize, a $500,000 award and four $250,000 awards. In total, 76West is providing $10 million in awards and $10 million for business support, marketing and administration through the Regional Greenhouse Gas Initiative and the Clean Energy Fund.

As part of this year’s 76West competition, 20 finalists will visit the Cornell University campus to pitch their companies to a panel of judges on July 31 and August 1. The finalists were chosen from a pool of 152 applicants based in more than a dozen countries and 27 states. The companies represent a diverse spectrum of clean energy technologies such as energy storage, wastewater treatment, energy efficiency and solar. After the pitches are complete, judges will recommend the six final award winners who will receive a total of $2.5 million in prizes. Winners will be revealed in the fall.

Accelerating Southern Tier Soaring

Today's announcement complements "Southern Tier Soaring," the region's comprehensive blueprint to generate robust economic growth and community development. The state has already invested more than $4.6 billion in the region since 2012 to lay the groundwork for the plan - attracting a talented workforce, growing business and driving innovation. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Binghamton, Johnson City and Corning as a destination in which to grow and invest. Now, the region is accelerating Southern Tier Soaring with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State's $500 million investment will incentivize private business to invest well over $2.5 billion - and the region's plan, as submitted, projects up to 10,200 new jobs. More information is available here.

About NYSERDA

NYSERDA, a public benefit corporation, offers objective information and analysis, innovative programs, technical expertise, and funding to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. NYSERDA professionals work to protect the environment and create clean-energy jobs. NYSERDA has been developing partnerships to advance innovative energy solutions in New York State since 1975. To learn more about NYSERDA’s programs and funding opportunities, visit nyserda.ny.gov or follow us on Twitter, Facebook, YouTube, or Instagram.

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