The Southern Tier is positioning itself as a leader in clean technology and renewable energy.
Southern Tier economic leaders have launched the New York Southern Tier Cleantech Strategy, targeting renewable energy and high-tech sectors to attract industries and create jobs. The plan, developed by Newmark Group, highlights critical areas for development and emphasizes collaboration with local universities to prepare the workforce for emerging fields. This initiative seeks to establish the region as a hub for sustainable technologies and clean energy, enhancing both local economies and job opportunities.
Binghamton, New York – Southern Tier economic-development leaders have unveiled the New York Southern Tier Cleantech Strategy, a comprehensive plan designed to position the region as a significant contributor to the clean energy and high-tech sectors in upstate New York. The initiative aims to attract key industries and create job opportunities, ultimately promoting economic growth and upward mobility for residents in the area.
The Southern Tier Cleantech Strategy identifies several high-potential sectors, including renewable-energy storage development, clean-transportation manufacturing, and semiconductor packaging. These industries are expected to be instrumental in the region’s economic transformation as it seeks to capitalize on the growing demand for sustainable technologies and solutions.
This strategy was developed by Newmark Group, a New York City-based firm, and commissioned by the Industrial Development Agencies (IDAs) across eight counties in the Southern Tier. The study emphasizes the necessity for site development to accommodate the needs of these new industries, recommending both the repurposing of existing facilities and the construction of new sites tailored for potential companies. Among the specific sites identified for future development are:
A crucial aspect of the Cleantech Strategy is the collaboration with local higher-education institutions such as Binghamton University and Cornell University. These partnerships are intended to enhance workforce development and ensure that local talent is equipped with the necessary skills to thrive in these emerging industries. Furthermore, the strategy aims to foster collaboration with regional utility providers and workforce practitioners to create a comprehensive approach to economic development.
Leaders in the region, such as the CEO of the Leadership Alliance, have pointed out the significance of this strategy in securing the Southern Tier’s position in the expected tech boom. With growing recognition as a hub for energy-storage research and development, the Southern Tier aspires to become a pivotal location in the future supply chains of semiconductor and high-technology industries.
In line with the cleantech focus of the strategy, companies like SparkCharge, founded by a Syracuse University graduate, are making significant strides in promoting clean technologies. SparkCharge specializes in mobile electric vehicle charging solutions and aims to improve access to EV power sources while working towards reducing air pollution in disadvantaged communities. Recently, SparkCharge expanded its operations to offer ultra-fast charging solutions in 15 California cities after raising nearly $30 million in investments.
The Southern Tier Cleantech Strategy also includes the development of marketing plans to promote the region’s strengths and appeal to potential businesses considering relocation or expansion. This proactive approach aims to support the growth of clean technology firms and create a dynamic economic environment.
As the Southern Tier takes these steps to innovate and attract clean technology companies, it aims not only to contribute to environmental sustainability but also to enhance the quality of life for its residents through job creation and economic stability. The Cleantech Strategy represents a pivotal moment for the region, aligning its goals with the broader movement towards clean energy and sustainable growth.
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