Governor Cuomo Announces Winners of 76West Clean Energy Competition

Source: New York State Government, September 26, 2019

Governor Andrew M. Cuomo today announced the six winning companies of the 76West Clean Energy Competition, one of the largest competitions in the country that supports growing clean energy businesses to foster economic development. Pittsburgh-based Optimus Technologies, which manufactures biodiesel fuel systems for diesel trucks that reduce greenhouse gas emissions and fuel costs, was named the $1 million grand prize winner, and will expand its operations to the Southern Tier. The competition supports Governor Cuomo’s Green New Deal, the most aggressive climate change program in the nation and complements “Southern Tier Soaring,” the region’s comprehensive strategy to generate robust economic growth and community development. 

“We cannot successfully combat climate change without innovative technologies such as those being developed by 76West winners,” Governor Cuomo said. “Reducing greenhouse gas emissions from transportation and increasing energy efficiency in our buildings are critical strategies in this fight. I congratulate Optimus Technologies and all of the 76West winners for their commitment to a cleaner future and new economic opportunity.” 

Today’s announcement complements “Southern Tier Soaring,” the region’s comprehensive blueprint to generate robust economic growth and community development. The state has already invested more than $4.6 billion in the region since 2012 to lay the groundwork for the plan – attracting a talented workforce, growing business and driving innovation. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Binghamton, Johnson City and Corning as a destination in which to grow and invest.

Full Story…