Georgia Tech and NREL Will Collaborate on Energy Research
The Georgia Institute of Technology and the Department of Energy’s National Renewable Energy Laboratory (NREL) have entered into an agreement with the intention of improving scientific output of both institutions. They intend to create a collaborative environment to better support projects undertaken and improve access to technology and equipment,
This collaboration has three main goals:
- Solve Big Problems – through leveraging the integrated full weight of intellectual capabilities and infrastructure of both parties in a multi-disciplinary and institutional manner.
- Sustain and Engage Human Capital – by exposing a pipeline of talent to problems or practical importance and complex nature early in their academic programs.
- Accelerate Technology Adoption – by introducing new ideas, science, and technology into the industrial and federal marketplace of jointly developed intellectual property.
“We are excited about this MOU, which will facilitate expanded collaboration between NREL and Georgia Tech’s esteemed faculty and first-rate students,” said Peter Green, deputy laboratory director and science and technology officer at NREL. “Together we will leverage the significant intellectual, research, and infrastructure capabilities of both institutions to address some of the critical large-scale, complex research challenges facing industry during the energy transition.”
The agreement will span at least five years and was introduced as a result of the increasing complexity of energy related research.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.
