Monday, May 4, 2009

Niskayuna-based GE Global Research receives major stimulus investment

Senators Charles Schumer and Kirsten Gillibrand announced millions in investments for energy research at Niskayuna-based General Electric Global Research to advance innovation and technology in renewable energy to combat global warming and fuel New York’s economy for the long term. The investment from the U.S. Department of Energy’s Office of Science is part of the American Recovery and Reinvestment Act, which Senators Schumer and Gillibrand and Congressman Paul Tonko helped pass earlier this year.

“Providing funds to world class research institutions will not only create jobs in New York in the short term, but will save consumers money by allowing them to buy less fuel, make us safer by fostering energy independence, and allow us to keep our resources here at home, instead of shipping them overseas,” said Senator Schumer.

“By investing in research and innovation, we can relieve our dependence on foreign oil and create jobs in New York,” Senator Gillibrand said. “New York is home to the world’s leading scientists and research institutions, which are working to develop the next generation of energy technology. These institutions provide crucial economic engines in every corner of our state. I will continue to work with Senator Schumer and the Obama Administration to direct federal dollars to develop the renewable energy industry in New York.”

The green economy is taking shape right here in Schenectady County thanks to the hardwork and leadership of Schenectady County Democrats. The Daily Gazette on February 22, 2009 quoted Jan Smith, spokeswoman for GE Energy, as saying "When the new group came in, they said we should have a climate for change. There has been an effort on [their part] to work with us and us with them." The article further stated "Smith credited the changed environment with GE's decision to locate 500 jobs related to solar and wind power generation."

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