The Research Valley Partnership and Arena Clean Energy Working Together To Launch Major Clean Energy Industry Initiative in Texa
With the approval of a Memorandum of Understanding last week, an
historic clean energy industry initiative has been launched which will benefit major Texas
regions including the Bryan/College Station and greater Houston areas, as well as surrounding communities.
The proposed "Arena Project" is the vision of Arena Clean Energy
LLC in collaboration with the expertise and efforts of industry, academic and government
leaders. The Arena Project envisions development of a large-scale clean energy industry center and
inland port. Upon completion, the Arena Clean Energy Park will seek to create a strategically located,
globally significant center for clean energy manufacturing, installation, service, support, warehousing,
distribution, transportation, education, research and development.
The Memorandum provides for Arena Clean Energy LLC to aggressively
seek key clean and raditional energy partners, participants and funding for initial
start-up and development. The Research Valley Partnership Inc, a regional economic development
organization for the Bryan/College Station area, will contribute by facilitating academic and government relations
including identifying possible tax and development initiatives. In addition, Research Valley will help
identify, procure and provide suitable land for project development.
According to Donn Pedersen of Arena Clean Energy, "When we began
looking around the state for the optimum environment with the logistics and depth of
intellectual resources to bring the Arena Project to fruition, the Bryan/College Station area, near Texas A&M
University and in close proximity to the Houston traditional energy center and Texas Gulf marine ports, was a
natural. We are extremely pleased to be working with the entire Research Valley Partnership team of
professionals to bring the Arena Project to the region. We believe the Arena Project has the capacity to generate
a great many new jobs and opportunities for the area while helping the U.S. achieve energy independence
and a much brighter future."
By "Clean Energy", Arena will seek to target and encompass wind,
solar, ethanol, biofuels, fuel cell, tidal, hydro and other emerging technologies for power
generation, improved energy storage and transportation as well as more efficient technologies associated
with traditional fossil fuels.
Sam Bond of Arena Clean Energy adds, "We believe the emerging
clean energy industry needs a home very much like computer technology needed Silicon
Valley…one strategic region where people, companies and communities are all working synergistically
According to Todd E. McDaniel, President/CEO of the Research
Valley Partnership, "Arena Clean Energy, LLC has a vision and the fact that they believe our
community is the right place to build a clean energy arena in the center of the Texas triangle is truly
exciting. We are rolling up our sleeves."