12/8/2010 9:33:00 AM
Time Union: Hatching clean-tech plans
ALBANY -- Most people associate the $6.5 billion Albany NanoTech complex on Fuller Road in Albany with large semiconductor companies like IBM Corp. and Tokyo Electron that conduct computer chip research.
But a fledgling new business incubation program run by the University at Albany's College of Nanoscale Science and Engineering is helping to create new start-up companies that focus on the renewable energy and clean-tech sectors.
And it's already producing results, such as a student-led company called BESS Technologies that has developed silicon nanostructures designed to boost the storage power of lithium-ion batteries.
BESS stands for Battery Energy Storage Systems, and its founders -- several NanoCollege graduate students -- have had early success, winning the inaugural Tech Valley Business Plan Competition in April. Full Article