Wells Fargo Innovation Incubator Celebrates First Round of Pilot Awards in the Scalable Tech Program [Yahoo! Finance]
Wells Fargo & Company (WFC)
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Source: Yahoo! Finance
DENVER, April 15, 2025 BUSINESS WIRE )--The Wells Fargo Innovation Incubator (IN2), a $55-million technology program funded by Wells Fargo & Company and co-administered by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL), announced the recipients of a pool of $750,000 in pilot funding as part of its inaugural Scalable Tech Track. The awards aim to address demand-side barriers to energy technology adoption by supporting large-scale, high-impact pilots across industries and sectors. The Scalable Tech program awarded funding to five organizations for pilots of innovative energy technologies with expert support from NREL researchers. The projects include retrofitting HVAC systems, improving school air quality and energy use, optimizing data center cooling, and modernizing aging building infrastructure. "The projects selected for this inaugural cohort embody the spirit of collaboration and innovation," said Sarah Derdowski, IN2 program manager at NREL. "By i
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