Wells Fargo Grant To Boost Renewable Energy Research At Texas State

A $100,000 grant from the Wells Fargo Foundation’s Clean Technology and Innovation grant program that funds leading edge research and innovation to advance clean energy solutions…

SAN MARCOS – A $100,000 grant from the Wells Fargo Foundation’s Clean Technology and Innovation grant program that funds leading edge research and innovation to advance clean energy solutions, will support renewable energy activities at Texas State University’s STAR Park.

The grant will be eligible for Texas Research Incentive Program (TRIP) matching funds in the amount of $50,000.

Texas State will utilize the grant as a fund to build a renewable energy demonstration test lab, and award grants to the most innovative pitches at an annual Clean Technology Challenge Competition held at STAR Park.

The pitch competition will serve as an event to identify new clean technology innovations of interest to STAR Park and Texas State students, faculty and researchers.

The effort helps to uncover new technologies that will improve renewable energy efficiencies as well as inspire the next generation of sustainability leaders and clean technologists.

From 2016 to 2020, Wells Fargo is aiming to provide $65 million to increase its overall giving to critical environment needs, focusing on: advancing clean technology and innovation, supporting environment education, and fostering resilient communities.

Texas State’s STAR Park, College of Science and Engineering, and Materials Science, Engineering and Commercialization program will collaborate on producing the annual Clean Technology Challenge Competition.

Texas State will work closely with Wells Fargo and other industry partners, investors, incubators and entrepreneurs to judge the pitches, evaluate the technologies at the test lab and select the most promising clean technology startups for prize funding.