New York State Energy Research and Development Authority

InnSure to fund climate risk insurance innovators

Retrieved on: 
Tuesday, April 25, 2023

NEW YORK and BOSTON, April 25, 2023 /PRNewswire/ -- InnSure, a mission-driven nonprofit dedicated to harnessing the power of the insurance industry to combat climate change will work with the New York State Energy Research and Development Authority (NYSERDA) to co-develop a program that will competitively award insurance innovators for the research and development of new insurance policies and products. The Insurance Innovation for Climate-Technology Solutions program, will advance risk management and insurance market growth and initiatives that will transform business support and provide consumer confidence for a range of climate-friendly technology products. 

Key Points: 
  • "The insurance industry has a crucial role to play in tackling climate change, and we are excited to further InnSure's mission of catalyzing a bold insurance industry response to climate change with the support of NYSERDA," said Charlie Sidoti, InnSure Executive Director.
  • NYSERDA President and CEO Doreen M. Harris said, "NYSERDA is excited to work with InnSure to provide transformational insurance coverage for companies advancing technologies to fight climate change.
  • As industries look to transition to a low-carbon economy and more businesses become planet-friendly, insurance products that account for climate risk are all the more important.
  • "The awarded funding will help improve access to data and revolutionize insurance coverage for climate tech businesses and consumers to ensure that the insurance sector keeps pace with new technologies."

Iveco Group inaugurates its new plant in Foggia and returns to producing buses in Italy

Retrieved on: 
Tuesday, April 18, 2023

IVECO BUS, the urban, intercity and tourism bus brand of Iveco Group N.V. (MI: IVG), inaugurated today its new Foggia plant dedicated to the production of zero- and low-emission buses, in front of public authorities, trade union representatives, customers, suppliers and partners.

Key Points: 
  • IVECO BUS, the urban, intercity and tourism bus brand of Iveco Group N.V. (MI: IVG), inaugurated today its new Foggia plant dedicated to the production of zero- and low-emission buses, in front of public authorities, trade union representatives, customers, suppliers and partners.
  • Adolfo Urso, Minister for Business and Made in Italy, and Michele Emiliano, President of the Puglia Region, attended the event.
  • Gerrit Marx, CEO, Iveco Group, said: "The new IVECO BUS plant in Foggia represents an important investment for Iveco Group, which is fully in line with our strategy to maintain and strengthen our presence in Italy at centres of excellence like our historic engine plant in Foggia.
  • Iveco Group employs more than 35,000 people around the world and has 26 manufacturing plants and 29 R&D centres.

Survey Results Shed Light on Electric Vehicle Ownership Concerns, a Dilemma Autel Energy is Solving

Retrieved on: 
Monday, April 17, 2023

Findings from a survey conducted by Dynata and Hill+Knowlton and presented by Autel Energy, a technology leader of commercial and residential chargers, reveal detailed results about buyer hesitation—an uncertainty Autel Energy is focused on alleviating.

Key Points: 
  • Findings from a survey conducted by Dynata and Hill+Knowlton and presented by Autel Energy, a technology leader of commercial and residential chargers, reveal detailed results about buyer hesitation—an uncertainty Autel Energy is focused on alleviating.
  • The survey found that 54% of adults are interested in owning an electric vehicle in the future, and 68% of families with children at home say they are interested in vehicle ownership.
  • However, significant concerns have to do with EV charging confidence rather than the quality or substantial impact EV cars can make.
  • "For Autel, the key to EV adoption and acceleration is reliable available EV charging hardware combined with consumer education," Thomas said.

Empire State Realty Trust Achieves 2023 ENERGY STAR Sustained Excellence Award

Retrieved on: 
Tuesday, April 4, 2023

Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that it achieved the 2023 ENERGY STAR Sustained Excellence Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy.

Key Points: 
  • Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that it achieved the 2023 ENERGY STAR Sustained Excellence Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy.
  • The achievement highlights ESRT’s consistent ENERGY STAR Partner of the Year recognition for outstanding leadership in environmental and public health initiatives, as the company’s NYC portfolio achieved 92 percent ENERGY STAR certification.
  • “Our leadership in energy efficiency, indoor environmental quality (IEQ), and healthy buildings receives continued recognition from third-party organizations, and this Sustained Excellence Award from ENERGY STAR is a further proof point of ESRT’s forward-looking initiatives and continued value to our tenants and investors,” said Anthony E. Malkin, chairman, president, and CEO at Empire State Realty Trust.
  • ESRT received its initial recognition as ENERGY STAR Partner of the Year in 2021 and has maintained the title each subsequent year.

Advent Technologies hosts Grand Opening of its State-of-the-Art Fuel Cell R&D and Manufacturing Facility in Boston

Retrieved on: 
Tuesday, April 4, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230404005751/en/
    Massachusetts Governor Maura Healey with Advent Technologies Chairman and CEO Dr. Vasilis Gregoriou at the grand opening of the Company’s new facilities at Hood Park in Charlestown, (Boston), MA.
  • Guests toured Advent's new facility, which has:
    State-of-the-art coating machines that support the seamless transition from prototypes to initial production runs for advanced membranes and electrodes of fuel cells.
  • Fuel cell and electrolyzer test stations for statistical process control and development of next-generation membrane electrode assembly (“MEA”) materials.
  • Advent’s newly established facility is expected to create employment opportunities for fuel cell engineers and material scientists in Massachusetts and further contribute to the growth of the clean energy sector.

Offshore Wind Industry Power Players Headline 2023 IPF

Retrieved on: 
Thursday, March 30, 2023

“We are at an inflection point in our industry and there is no better time or place to bring people together than in the Network’s hometown as we celebrate our tenth anniversary,” said Liz Burdock, founder and CEO of the Business Network for Offshore Wind.

Key Points: 
  • “We are at an inflection point in our industry and there is no better time or place to bring people together than in the Network’s hometown as we celebrate our tenth anniversary,” said Liz Burdock, founder and CEO of the Business Network for Offshore Wind.
  • Deputy Secretary David Turk announced the release of the U.S. Department of Energy’s Offshore Wind Energy Strategy to expand and accelerate domestic offshore wind deployment.
  • The National Renewable Energy Laboratory (NREL) announced the Phase One winners of the FLoating Offshore Wind ReadINess (FLOWIN) Prize which is administered in partnership with the Business Network for Offshore Wind which aims to accelerate the development of U.S. floating offshore wind technology.
  • The largest offshore wind conference in North America, more than 4,000 attendees are convening in Baltimore for IPF from March 28 to March 30, 2023 to debate solutions, develop lasting connections, and hear from experts about the most important issues facing the industry today.

Soulful Synergy Secures $1.65 Million in Program Funding to Provide Free Clean Energy Workforce Training for Low-Income Communities

Retrieved on: 
Wednesday, March 29, 2023

This funding will support Soulful Synergy’s fast-growing clean energy workforce training and job placement services for underserved populations, enabling nearly 1,500 more individuals to go through workforce development training for free, beginning in 2023.

Key Points: 
  • This funding will support Soulful Synergy’s fast-growing clean energy workforce training and job placement services for underserved populations, enabling nearly 1,500 more individuals to go through workforce development training for free, beginning in 2023.
  • Soulful Synergy has already developed over 6,000 workers to date, demonstrating its ability to successfully use workforce development funding to support state climate legislation and decarbonization goals.
  • Soulful Synergy will train 250 individuals in energy efficiency and building systems with this funding.
  • With NYSERDA’s funding, Soulful Synergy will provide this training for free, supporting New York’s decarbonization and electrification efforts.

Apollo Neuro Debuts First Responsive AI-Driven Wearable Technology for Sleep and Stress that Improves Your Physical and Mental Health

Retrieved on: 
Thursday, March 16, 2023

PITTSBURGH, March 16, 2023 /PRNewswire/ -- Apollo Neuroscience announces the launch of Apollo Labs™ - the first AI-driven wearable technology to respond to changes in your body, rather than just tracking them. Born from neuroscience research at the University of Pittsburgh, Apollo Neuro, a mental health science and technology startup, spun out of the university, launched its breakthrough wearable technology to the market in January 2020. The Apollo™ wearable delivers low frequency sound waves, felt as barely perceptible, soothing vibrations, called Apollo Vibes™, that restore balance to the nervous system, improving cardiovascular metrics, sleep, and reducing feelings of stress and anxiety. Apollo Neuro has been named as the University of Pittsburgh's startup of the year and has nearly a decade of clinical and real-world research behind it, with more on the way.

Key Points: 
  • Born from neuroscience research at the University of Pittsburgh, Apollo Neuro, a mental health science and technology startup, spun out of the university, launched its breakthrough wearable technology to the market in January 2020.
  • "At Apollo Neuro, we are developing wearable technology that delivers solutions to health problems like lack of sleep and increasing stress, not just analytics about them.
  • "At Apollo Neuro, we partner with our customers to deliver personalized solutions to improve mental health and wellbeing," says Dr. David Rabin, MD, PhD, Co-Founder of Apollo Neuro.
  • Visit Apollo Labs for more information and follow Apollo Neuro on Instagram for continued updates on Apollo Labs.

Attentive Energy One Proposes Over $25 Billion in Benefits to New York, Including a New Wind Turbine Manufacturing Facility and Statewide Supply Chain Investments

Retrieved on: 
Tuesday, March 7, 2023

Through a Supply Chain Investment Proposal with GE to manufacture offshore wind blades and nacelles at a new Ravena, New York facility, AE1 will catalyze a supply chain corridor that links upstate manufacturing with downstate project staging, installation, and operations.

Key Points: 
  • Through a Supply Chain Investment Proposal with GE to manufacture offshore wind blades and nacelles at a new Ravena, New York facility, AE1 will catalyze a supply chain corridor that links upstate manufacturing with downstate project staging, installation, and operations.
  • Together, this package of initiatives demonstrates AE1’s deep understanding and commitment to scale, localize, and diversify the offshore wind supply chain from the smallest suppliers to Tier 1 manufacturing facilities.
  • "At the heart of the Attentive Energy One project is a commitment to activating a true upstate-downstate supply chain corridor that integrates both existing and new supply chain pathways,” said Damian Bednarz, Managing Director of Attentive Energy.
  • "Our wide-ranging supply chain commitments through the Attentive Energy One project demonstrate our commitment to a true just transition,” said Clint Plummer, CEO of Rise Light & Power.

Attentive Energy One Announces Plans for Two New Offshore Wind Ports In New York City, Creating $400 Million In Economic Activity In New York State

Retrieved on: 
Thursday, March 9, 2023

NEW YORK, March 9, 2023 /PRNewswire/ -- Attentive Energy One (AE1), a joint venture of TotalEnergies and Rise Light & Power (Rise), today announced plans for two offshore wind port facilities in New York Harbor generating $400 million in economic activity in New York State. In connection with the 1,400 MW proposal, which AE1 submitted to the New York State Energy Research and Development Authority (NYSERDA) in January 2023, the project has entered into a lease agreement with Arthur Kill Terminal (AKT) – conditional upon selection by NYSERDA – under which it will serve as a long-term master tenant of the site and assist in project development. Additionally, AE1 will develop a world-class operations and maintenance facility at the Ravenswood Generating Station in Queens (the O&M Hub). Ravenswood, owned by Rise, is New York City's largest fossil generating facility; the O&M Hub will repurpose the site's existing waterfront to provide a just transition for the facility's UWUA Local 1-2 workforce, equipping them to operate the AE1 project for decades to come. 

Key Points: 
  • "Attentive Energy One's ports proposal helps solve future constraints for marshalling and O&M activity in New York City.
  • Maritime College recognizes that the offshore wind industry, a maritime industry, will be essential to the region's future economic and environmental health.
  • "Waterfront Alliance commends projects like Attentive Energy One which help develop and activate new ports and position them to become offshore wind hubs and regional economic powerhouses.
  • "The intersection of offshore wind development, maritime ports, and economic development, including investment in facilities at Staten Island Arthur Kill Terminal, will be critical in bringing renewable energy and maritime jobs to New York State."