PURCHASE, N.Y. - The New York State Energy Research and Development Authority (NYSERDA) presented Morgan Stanley with a ceremonial incentive check in the amount of $300,000 recognizing the company for installing the New York Metropolitan area's largest ice storage based air conditioning system, which delivers dramatic energy savings.
Morgan Stanley took the initiative to form a partnership with NYSERDA, Trane, and Calmac Manufacturing Corp. to foster an innovative solution that tackled the company's energy needs. The use of an ice storage system was developed.