



| Austin’s made a commitment to clean energy. And to the environment.
MORE INFORMATION
Whether you’re working with solar or wind power, fuel cells, biomass and geothermal resources, biofuels or sustainable energy-saving technologies, Austin is the right place, and now is the right time, to plug in to the clean energy industry. As the capital of Texas, Austin offers unmatched access to the power players of the global energy industry. A community with a strong commitment to the environment, sustainability and quality of life, Austin is ready and willing to make its mark as the clean energy capital of the world. The private and public sectors, local utilities, major energy users, nonprofits and educational institutions are all working together to put Austin at the center of the clean energy map. In fact, Austin is No. 1 in both SustaineLane Government’s Cleantech incubation ranking and the National Renewable Energy Laboratory’s green power program ranking. A recognized center of technology innovation, Austin has the infrastructure and talent to support pioneering clean energy efforts. From major manufacturing to services and start-ups, Austin is a proven location for the knowledge-based economy. "We are committed to purchasing and generating
renewable energy. We feel it’s vital to our
economy and our environment to develop and
implement clean energy. We look forward to the
opportunity to purchase plug-in hybrids for our
transportation needs.” "Austin’s long time support of clean energy and conservation, along with the growing coordination of
angel and regional venture groups across Texas, made it clear to us that Austin was the right spot to
establish AccuWater. " |
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| Leading the Industry
The State of Texas has for a century been the national and global leader in the energy industry. As the world looks forward to a future beyond fossil fuels, Texas is committed to leading the way in renewable energy.
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| City of Austin & Other Initiatives
Austin Energy, the municipally-owned utility, is a recognized national leader in conservation and clean energy programs.
A public-private partnership has initiated the first Texas Clean Energy Park as an Austin-based clean energy campus dedicated to development and innovation in business, research, education, and training for the clean energy industry. The first phase of the development is a research park funded by a grant from the Texas Workforce Commission to the Texas Foundation for Innovative Communities. The second phase will be a business park for companies in fields such as solar power, renewable energy materials and energy-saving technologies. The 140-acre park will be a collaborative community for renewable energy companies, research and education facilities developing efficient new clean energy technologies side by side with innovative alpplications. |
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Clean Energy Companies in Austin
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| Talent
Austin is not only a dynamic business destination; our workforce is a dynamic business asset. It’s all about the people, and the labor pool in Austin is by far one of the most innovative, youthful and educated in the country. Also, one of the primary reasons why solar photovoltaic (PV) technology companies are migrating to Austin, is due to our well-established semiconductor industry and the vast similarities that exist between semiconductor and PV technologies. PV startup companies are finding that Austin, Texas has available semiconductor talent on which to draw. |
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| Innovation
Austin is a world-renowned technology region founded on outstanding university-based research, an entrepreneurial culture, venture funding, a broad array of support services and a rich pool of intellectual talent and leadership — providing business a framework for innovation and growth. In 2006, over 2,300 patents were assigned to inventors in Austin. Over the past five years, Austin’s patent activity outpaced the national rate and clearly showed Austin’s competitiveness as a location for research and innovation. In 2006, the Wall Street Journal ranked Austin third among the nation’s most inventive cities. |
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| The University of Texas at Austin & Austin Community College
As a world-class research institution, the University of Texas at Austin has annual research expenditures of more than $411 million, with engineering research dollars exceeding $137 million. UT-Austin’s Electrical and Computer Engineering Department has ranked as one of the top 10 in the country for more than a decade, while the University ranks in the top 10 nationally for the number of science and engineering doctoral degrees.
Austin Community College (ACC) offers an expanding array of renewable energy training and education programs.
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| Plug-In Hybrid Technology
Imagine a gasoline at less than one dollar a gallon — that’s what it would cost to power the car that charges its electric battery from your household electrical outlet. Austin is leading a national campaign of Plug-In Partners to create the demand for mass production of a plug-in hybrid vehicle capable of triple-digit fuel economy and up to 35 miles of all-electric driving. Austin’s template for demonstrating to automakers that a market exists today for plug-in hybrids has been widely adopted. |
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| The Clean Energy Incubator
The Clean Energy Incubator (CEI) offers an environment dedicated to helping young clean energy companies succeed. The CEI provides the resources and facilities necessary for start-ups to attract funding, aggressively compete in the free market and turn ideas into reality. Through their R&D partnership with the University of Texas and an active collaboration with forward-looking Austin Energy, CEI has helped 150 companies to receive more than $780 million from investors. Graduates include early-stage companies focusing on the development of commercialization of proprietary technology in areas including renewable energy, energy efficiency, energy management, distributed resources, energy storage, fuel cells, microturbines, power quality, alternative fuels and transportation. |
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| Clean Energy Venture Summit
In 2007, Austin hosted the inaugural Clean Energy Venture Summit, a partnership with Austin Energy, UT’s IC2 Institute and the Clean Energy Incubator. More than 400 attendees from across the globe came to Austin to learn about the latest technologies, businesses, challenges and advancements for clean energy. |
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| A Critical Mass of Companies
Austin offers a wealth of potential partners and high-value customers for clean energy products and services. Austin’s status as a high-tech mecca is reflected every day in the constant innovation and creativity of our unmatched educated workforce.
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| Austin Ranks Number One in Clean Tech Incubation Clusters
SustainLane Government analyzed US cities to see which led in combining Cleantech investments, infrastructure and supportive policies into a physical “cluster.” The ideal existing model for a Cleantech incubation cluster combines start-up or advanced stage venture capital and investor network access, including mentoring, Academic or federal research lab collaboration and active state or local government participation (field testing, prototyping, and pilot programs) and incentives. (Sustainlane Government, 2/07) |
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| Incentives for Emerging Technologies
The Emerging Technology Fund (ETF), along with other incentives programs such as the Texas Enterprise Fund, provides financial benefits to businesses creating high quality new jobs in Texas. The Central Texas Angel Network (CTAN) and The Central Texas Regional Center for Innovation and Commercialization (CenTex RCIC) offer funding and expertise for early stage technology companies. A variety of state and local tax exemption and tax credit programs are also available, including a complete exemption from the Texas franchise tax for solar energy businesses. |
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| Quality of Life
Many “Best of” lists attest to the incomparable quality of life found in Austin. The Best Place for Business and Careers. The Best City for Singles. The Best City for Relocating Families. The Live Music Capital of the World. Ask anyone who lives here and they’ll tell you it’s as good as advertised. We have it all — highly rated public school districts, entertainment venues for the outdoor type and the art lover, home to rock climbers, Tour de France champions, rock and rollers, movie stars, theater lovers, and the cream of the creative class. |
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| Upcoming Events
September 17, 2008, Four Seasons Hotel: Power Up Austin: Clean Energy Luncheon |
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