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Fluor, SRNS back USC hydrogen research with $1.5 million

Posted By the South Carolina Radio Network On February 28, 2011 @ 3:25 PM In State & Local News | Comments Disabled

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Fluor CEO David Seaton and check symbolizing $1.5 million donation

Hydrogen energy –and its business potential–got a vote of confidence from private industry Monday.

Fluor Corporation and Savannah River Nuclear Solutions gave $1.5 million Monday to fund two endowed chairs and establishing the University of South Carolina’s Center of Economic Excellence for the Hydrogen Economy. The gift represents a university-industry partnership between USC, Fluor, and SRNS to “advance the science, techonology and commercialization of clean, secure, renewable energy and its infrastructure,” the school announced.

AUDIO: Fluor CEO David Seaton says this is a philanthropic donation–and an investment (1:28) [2]

The Centers of Economic Excellence [3] program was launched by the legislature nine years ago. It allows the state’s three public research universities–-USC, MUSC, and Clemson–-to use lottery funds to create research centers aimed at growing the state’s economy into new scientific fields.

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USC President Pastides

AUDIO: USC President Harris Pastides says this “accelerates” the university’s existing hydrogen program (1:20) [5]

The funds, which will be matched by the state’s lottery money through the CoEE program, will allow USC to fill a Discovery Chair in the College of Engineering and Computing and an Innovation Chair in the Darla Moore School of Business with two world-class scientists.

AUDIO: USC President Harris Pastides says this “accelerates” the university’s existing hydrogen program (1:20)

Founded by the General Assembly in 2002, the CoEE program authorizes USC, Clemson, and the Medical University of South Carolina to utilize state funds, which must be matched on a dollar-for-dollar basis with non-state funds, to establish centers in research areas that will advance the state’s economy.

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URL to article: http://fm107.com/wrhm/2011/02/fluor-srns-back-usc-hydrogen-research-with-1-5-million/

URLs in this post:

[1] Image: http://www.southcarolinaradionetwork.com/wp-content/uploads/2011/02/Seaton-Check.jpg

[2] AUDIO: Fluor CEO David Seaton says this is a philanthropic donation–and an investment (1:28) : http://www.southcarolinaradionetwork.com/wp-content/uploads/2011/02/AUDIO-Fluor-CEO-David-Seaton-says-this-is-a-philanthropic-donation-and-an-investment-.mp3

[3] Centers of Economic Excellence: http://sccoee.org/

[4] Image: http://www.southcarolinaradionetwork.com/wp-content/uploads/2011/02/Pastides-on-mic.jpg

[5] AUDIO: USC President Harris Pastides says this “accelerates” the university’s existing hydrogen program (1:20): http://www.southcarolinaradionetwork.com/wp-content/uploads/2011/02/Pastides-for-Web.mp3

[6] Share: http://www.facebook.com/share.php?u=http://www.southcarolinaradionetwork.com/2011/02/28/fluor-srns-support-usc-hydrogen-research-with-1-5-million/&t=Fluor,%20SRNS%20back%20USC%20hydrogen%20research%20with%20$1.5%20million

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