Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Bing Energy, Inc. wins $1.9 million state job creation award

Abstract:
Announces relocation of headquarters to Florida

Bing Energy, Inc. wins $1.9 million state job creation award

Tallahassee, FL | Posted on February 11th, 2011

The race to develop a commercially viable hydrogen fuel cell just got a boost from a $1.9 million state award to a high-tech company that is planning to turn breakthrough nanotechnology pioneered at Florida State University into a better, faster, more economical fuel cell. In a news conference today with Florida Governor Rick Scott, Florida State University President Eric Barron and local leaders, Bing Energy, Inc. (BEI) announced that the company has selected Florida as the new site of its world headquarters.

"I am proud to welcome Bing Energy and thank them for recognizing that Florida is the best state in the nation. As Governor I am continuing to make it the best place to do business. This is only the beginning," said Gov. Scott. "Just as Bing Energy was convinced to bring jobs here, I am talking to companies across the nation. I am letting them know that our reduction in the business tax burden, commitment to job creation, and Florida's world-class workforce mean we are open for business."

Bing Energy, Inc., the award recipient, is moving its global headquarters to Tallahassee, Fla. to work in partnership with Dr. Jim P. Zheng, who has pioneered a fuel cell that incorporates a thin
membrane composed of carbon nanotubes, reducing the need for expensive platinum components that, until now, have made fuel cells too expensive to be widely marketed. Dr. Zheng's technology is based on pioneering research and development of buckypaper conducted at FSU's High-Performance Materials Institute. The institute's director, Dr. Ben Wang, is the assistant vice president for research at Florida State University.

"We all know the world's existing energy use pattern is unsustainable," said Dean Minardi, CFO of Bing Energy, Inc. "A commercially viable fuel cell will transform the way we drive, reducing our dependence on fossil fuels. It will transform the way we deliver energy to neighborhoods, ensuring reliability and eliminating the risk of brownouts."

Bing Energy, Inc.'s move to Florida is tied to a $1.9 million award the company received from the Governor's Office of Tourism, Trade and Economic Development. The award is a Qualified Target Industry Tax Refund in support of job creation. The local Tallahassee and Leon County governments are also supporting Bing Energy Inc. by each providing a 10 percent match on the QTI Award. To draw down the full grant amount over the next nine years, Bing Energy Inc. is expected to
create at least 244 jobs paying an average wage of $41,655.

####

For more information, please click here

Contacts:
Media Contact
Janelle Pepe
850-222-1996

Copyright © Bing Energy

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Measuring the Smallest Magnets July 28th, 2014

WITec to host the 11th Confocal Raman Imaging Symposium from September 29th - October 1st in Ulm, Germany July 28th, 2014

FEI adds Phase Plate Technology and Titan Halo TEM to its Structural Biology Product Portfolio: New solutions provide the high-quality imaging and contrast necessary to analyze the 3D structure of molecules and molecular complexes July 28th, 2014

Production of Toxic Gas Sensor Based on Nanorods July 28th, 2014

Openings/New facilities/Groundbreaking/Expansion

Oxford Instruments Asylum Research Opens an Atomic Force Microscopy Demonstration Lab in Mumbai, India July 21st, 2014

Sono-Tek Corporation Announces New Clean Room Rated Laboratory Facility in China July 18th, 2014

Beneq is on the move! June 12th, 2014

NTU launches $30 million 3D printing research centre: New centre to establish $5 million joint-lab for 3D printing with industry leader SLM Solutions May 28th, 2014

Jobs

Secretary Vilsack Announces Partnership to Advance Commercial Potential of Cellulosic Nanomaterial from Wood December 11th, 2013

Cutting Away at the NRC's Research Capability December 6th, 2013

Project aims to mass-produce 'nanopetals' for sensors, batteries October 22nd, 2013

Governor Cuomo Announces 'Nano Utica' $1.5 Billion Public-Private Investment That Will Make the Mohawk Valley New York's Next Major Hub of Nanotech Research October 12th, 2013

Govt.-Legislation/Regulation/Funding/Policy

Seeing is bead-lieving: Rice University scientists create model 'bead-spring' chains with tunable properties July 28th, 2014

Stanford team achieves 'holy grail' of battery design: A stable lithium anode - Engineers use carbon nanospheres to protect lithium from the reactive and expansive problems that have restricted its use as an anode July 27th, 2014

New imaging agent provides better picture of the gut July 25th, 2014

A*STAR and industry form S$200M semiconductor R&D July 25th, 2014

Nanotubes/Buckyballs

UCF Nanotech Spinout Developing Revolutionary Battery Technology: Power the Next Generation of Electronics with Carbon July 23rd, 2014

University of Houston researchers create new method to draw molecules from live cells: Technique using magnetic nanomaterials offers promise for diagnosis, gene therapy July 17th, 2014

3-D nanostructure could benefit nanoelectronics, gas storage: Rice U. researchers predict functional advantages of 3-D boron nitride July 15th, 2014

Researchers discover boron 'buckyball' July 14th, 2014

Announcements

Measuring the Smallest Magnets July 28th, 2014

WITec to host the 11th Confocal Raman Imaging Symposium from September 29th - October 1st in Ulm, Germany July 28th, 2014

FEI adds Phase Plate Technology and Titan Halo TEM to its Structural Biology Product Portfolio: New solutions provide the high-quality imaging and contrast necessary to analyze the 3D structure of molecules and molecular complexes July 28th, 2014

Production of Toxic Gas Sensor Based on Nanorods July 28th, 2014

Energy

Oregon chemists eye improved thin films with metal substitution: Solution-based inorganic process could drive more efficient electronics and solar devices July 21st, 2014

Steam from the sun: New spongelike structure converts solar energy into steam July 21st, 2014

3-D nanostructure could benefit nanoelectronics, gas storage: Rice U. researchers predict functional advantages of 3-D boron nitride July 15th, 2014

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2014 conference July 8th, 2014

Fuel Cells

Media Advisory: Minister Rempel to Announce Support for Alberta's Nanotechnology Sector June 20th, 2014

Evolution of a Bimetallic Nanocatalyst June 6th, 2014

University of Surrey collaborates with India and Tata Steel to revolutionise renewable energy March 26th, 2014

Novel membrane reveals water molecules will bounce off a liquid surface: Study may lead to more efficient water-desalination systems, fundamental understanding of fluid flow March 16th, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE