Times Union: As NYSERDA founders, NYPA moving forward with
funding for chip consortium
Published:
Saturday, October 3, 2015 - 12:58
Times Union
State to receive $75M in chip support as park transfer still uncertain
Albany
A plan by the Cuomo administration to provide the final $100 million in funding for a state-led $4.8 billion computer chip research consortium appeared in disarray last week when the board of NYSERDA, the state's energy research unit, blocked the sale of 280 acres of state-owned land to SUNY Polytechnic Institute in Albany.
The sale of the parcel, known as the Saratoga Technology + Energy Park, was to be part of $25 million in funding NYSERDA is supposed to give to a SUNY Poly program research known as the Global 450 Consortium, or the G450C.
And although NYSERDA's funding plan is now uncertain, a plan by the New York Power Authority to provide the other $75 million to the G450C has been moving forward.
