The Fraunhofer Centre for Sustainable Energy Systems (CSE) has confirmed that it will develop a sustainable energy research and building innovation facility at 5 Channel Centre in Boston’s Innovation District. The 50,000-square-foot building will house Fraunhofer’s technical R&D labs and the TechBridge start-up accelerator group.
Dr. Roland Schindler, executive director of the Fraunhofer CSE said, “The CSE facility will help develop the City of Boston’s Innovation District and the Commonwealth of Massachusetts as a hub of sustainable energy technology and research.”
“We have secured our first anchor partner and are currently in the process of identifying additional companies who may be interested in joining our effort,” explained Nolan Browne, the centre’s managing director.
“The US Commerce Department’s Economic Development Administration is pleased to work with Mayor Thomas Menino, Fraunhofer USA and local leaders to help build the US$20 million Centre for Sustainable Energy Systems, which will serve as a catalyst for job and economic growth in the region,” said US assistant secretary of commerce for economic development John R. Fernandez.
“This smart investment to advance the development of the 5 Channel Centre and commercialize sustainable energy technologies and next-generation building efficiency systems will provide a much needed boost to the local economic ecosystem as new businesses are attracted to the community.”