The New York State Energy Research and Development Authority (NYSERDA) has announced the 19 semifinalists for the 76 West Clean Energy Competition.
The initiative supports entrepreneurs to build clean energy businesses to enhance the resiliency of New York’s energy networks.
The competition supports the Climate Leadership and Protection Act – the most aggressive climate change programme which mandates the US to reduce carbon emissions by 85% by 2050.
The aim of the 76 West Clean energy competition is to accelerate the energy transition by further developing the community of clean energy technology innovators, industry experts, educators, and investors.
Startups will be helped to get early users for their technologies.
The 19 semifinalists were chosen from a pool of 169 applicants based in 14 countries and 21 states.
The technologies they will be pitching to get $2.5 million in funding include energy storage, energy efficiency, transportation and renewable energy. Only six companies will receive the $2.5 million.
Alicia Barton, President and CEO, NYSERDA, said, “Over the past few years it has been exciting to watch previous 76West winners expand their companies and join the Southern Tier’s growing clean energy ecosystem and add to the state’s rapidly-growing clean energy workforce. The innovative technologies offered by this year’s semifinalists have tremendous potential to expand the region’s success and support New York’s path to carbon neutrality under the Climate Leadership and Community Protection Act. I look forward to watching them advance through the competition.”
This is the fourth round of the 76West, a $20 million clean energy competition and support programme since 2016.
More information is available here.