Stanford University has raised $100 million to support the creation of the Precourt Insitute for Energy.
The Institute will focus on Global Energy and climate issues by expanding the number of faculty and graduate research positions across the entire spectrum of energy science and engineering from photovoltaics to carbon sequestration.
The center is the result of a team of funders led by energy Executive Jay Precourt, who donated $50 million, and a $40 million gift from Thomas Steyer and Kat Taylor who supported the creation of the TomKat Center for Sustainable Energy.
Stanford intends to expand global partnerships but it is clearly a big win for the State of California as it attempts to build a 'cleantech' hub of talent, IP, and companies involved in the 21st century energy systems.
Category: Energy
Year: Beyond
Tags: energy, research, electricity, climate, carbon, hydrogen, batteries
