Innovate Texas Foundation Announces State Funding for Major Renewable Energy Project

Texas Governor Rick Perry announced Texas Tech University and the National Institute for Renewable Energy (NIRE), a non-profit, public/private collaboration, will receive $8.4 million from the Texas Emerging Technology Fund (TETF). The grant allows both entities to help resolve key scientific and technology issues facing the wind power industry.

NIRE, which was formed in 2009 with organizational support from Innovate Texas Foundation and in conjunction with Texas Tech University, focuses on advancing technology in the wind industry and addressing the future energy needs of the United States through specialized renewable energy research initiatives and distributed wind energy production farms.

"Texas is home to some of the brightest minds in the energy business, both in the private sector and at our world-class universities, like Texas Tech," Gov. Perry said. "This TETF investment will ensure that Texas can continue to add wind capacity and prepare to connect wind farms to the grid and our major cities, helping address the growing energy needs of a population that is expanding by about 1,000 people per day."

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