New York Gets First Clean Energy Business Development Park

The first clean energy business park in the United States is being established in Saratoga County to provide businesses with access to clean energy.

NEW YORK, New York, US, 2001-08-31 [SolarAccess.com] The first clean energy business park in the United States is being established in Saratoga County to provide businesses with access to clean energy. “This initiative will create new job opportunities, increase our access to clean energy sources and promote a cleaner, healthier environment for all New Yorkers,” says Governor George Pataki. He predicts that, over the next five years, the broad range of financial, technological and business support at the Saratoga Technology Energy Park will attract between 1,000 and 1,500 jobs to the region, as environmentally-friendly energy companies take advantage of the park’s resources. The STEP project is a joint effort of the New York State Energy Research & Development Authority, the University at Albany and the Saratoga Economic Development Corporation. The park will be located on a 280 acre site in the town of Malta and includes a 21,000 square foot facility built by NYSERDA in the 1970’s. The new business park will provide companies with technology development and prototype support through the University at Albany, funding to support technology development and commercialization through NYSERDA, and expanded economic opportunities through SEDC. The project reflects the growing need for clean energy technologies that can address concerns over energy supply and reliability issues, as well as environmental impact concerns. “This innovative park will not only encourage economic growth and create well-paying jobs in the Capital Region, but also help foster the development of new, clean energy technologies,” explains state Assemblyman Bob Prentiss. “As the nation struggles with the increasing demand for energy, it is vitally important to support entrepreneurial companies that are developing energy technologies aimed at protecting our environment and natural resources.” U.S. statistics indicate that the energy technology sector grew by 134 percent last year and the market for clean energy technologies will grow from $7 billion to $82 billion per year by 2010. New York state, already home to 20 energy technology companies, is well suited to take advantage of this rapid growth, according to Saratoga County Board of Supervisors Chair Anita Daly.
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