Energy & Water
What is happening? New York is putting $8.5 million into its new ClimateTech Growth Program. The fund will support companies commercializing new climate technologies. Funding will be available to projects related to electric grids, industrial products, transportation, and more. Applicants must demonstrate economic benefits, and an ability to commercialize their technology to meet New York State’s climate and clean energy goals.
Why does this matter? Governor Hochul: “My administration will continue to support companies that are at the forefront of developing new technologies to lower greenhouse gas emissions, make our electric grid more energy efficient and reduce pollution from transportation.”
Governing | New York Sets Aside $8.5M for New Climate Technology
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