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Binghamton anchors major battery innovation hub in New York

Governor Kathy Hochul announced that the New Energy New York (NENY) Storage Engine, based at Binghamton University, has been designated as a Regional Innovation Engine by the U.S. National Science Foundation. This initiative, part of President Biden’s Investing in America agenda, will receive up to $160 million over 10 years to establish a hub for battery technology innovation. New York State will provide up to 20% matching funds for the first five years through Empire State Development, plus additional support.

The NENY Storage Engine, chosen for its diverse coalition and potential to drive battery technology innovation, workforce development, and manufacturing, aligns with U.S. national security and global competitiveness goals. The project aims to address challenges in the battery technology value chain, including research, manufacturing, and recycling.

Governor Hochul, Senate Majority Leader Charles Schumer, and other state officials celebrated this significant investment, which reinforces Binghamton University’s leadership in lithium-ion battery research and the Southern Tier Region’s battery manufacturing capabilities. The NSF Engines program, a key element of the CHIPS and Science Act of 2022, aims to foster regional economic competitiveness through science and technology research.