NYSERDA Helps Company Install Geothermal, Build Efficient Lab
ALBANY, NY — Albany Molecular Research, Inc., recently converted its office and warehouse into a state-of-the-art laboratory for pharmaceutical research. Located near the Pine Bush Preserve, the company placed an emphasis on the laboratory’s design and reducing impact on the environment. To help achieve that goal, the New York State Energy Research and Development Authority (NYSERDA) provided $800,000 to offset added costs associated with the energy-efficient and renewable energy measures for the expansion projects in Albany and at the research center in North Syracuse.
“The programs NYSERDA offers are helping commercial customers, like Albany Molecular Research, save energy and cut costs,” said NYSERDA president William M. Flynn. “The technical and financial assistance available through our New Construction Program lowers the cost of energy efficiency improvements and renewable energy technologies, which are helping Albany Molecular save nearly $140,000 in annual energy costs.”