“I am proud to have fought for the New Energy NY project to be selected for Phase 1 and I will continue to fight tooth and nail to secure the final award and supercharge this growing area of the Upstate New York economy.” domestic manufacturing supply chain,” Schumer added. “This award will make the New Energy NY project eligible for up to $100 million in federal funding to transform the Greater Binghamton area and broader Upstate New York region, create thousands of jobs, fuel the innovation necessary to combat climate change, and importantly, strengthen a critical area of the U.S.
Now, many more will see what I’ve long-known: the Southern Tier has all the right ingredients to be the nation’s next battery manufacturing and research hub. “The Southern Tier has long been a home to innovation, as the birthplace of IBM, flight simulation and virtual reality, and it continues to do groundbreaking research through world-renowned institutions like Binghamton University. “This is big news for Binghamton,” said Schumer. Schumer, who advocated strongly for Binghamton’s proposal, said the Phase 1 award opens up two opportunities to the University: first, it provides $500,000 in technical assistance funding that the University will use to develop its proposal to turn the Southern Tier region into an energy technology hub and second, it allows the University to compete in Phase 2 of the challenge for up to $100 million to put Broome County on the map as a hub for battery manufacturing with national and global impacts.
Majority Leader Charles Schumer today announced that Binghamton University’s New Energy NY Project has been selected as one of the nation’s first awardees for Phase 1 of the American Rescue Plan’s Build Back Better Regional Challenge.
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