“Our partnership with Stevens is an example of how industries and universities can work together to advance one another’s missions,” said Ralph Izzo, chairman, president and CEO of PSEG.
HOBOKEN, N.J. and NEWARK, N.J. (PRWEB)
November 28, 2017
Public Service Enterprise Group has partnered with Stevens Institute of Technology to further support their commitments to energy innovation, public service and developing science engineering and math (STEM) talent for the future. A $1.5 million grant to Stevens from the PSEG Foundation will support two parallel objectives and areas of strong mutual interest: Energy Innovation and Public Service.
“Stevens is proud to partner with PSEG, one of New Jersey’s and the region’s most highly respected companies and recognized as a major contributor to improving the lives of citizens and the economic vitality of the region,” said Nariman Farvardin, president of Stevens. “This partnership will lay the foundation for a strengthened and even more significant long-term relationship between PSEG and Stevens to further address the challenging issues regarding meeting society’s most pressing energy needs.”
“Our partnership with Stevens is an example of how industries and universities can work together to advance one another’s missions,” said Ralph Izzo, chairman, president and CEO of PSEG. “PSEG is proud to support the development and enhancement of educational programs that inspire students to pursue their interests in sustainability. Companies like ours will look to the next generation of innovators to help with issues such as climate change and energy independence. That requires people with the knowledge, curiosity and creativity.”
The Energy Innovation track of this three-year initiative will focus on faculty and student research capabilities in two key areas: energy conversion and storage. The research objectives in these areas will aim to advance the understanding of and technologies associated with flexible photo electronics and with the development of sustainable fuels. The partnership also will amplify Stevens’ institutional research capabilities in the energy domain in a manner that is guided by and responsive to industry priorities and concerns.
Stevens is committed to invest in the partnership through new faculty…