OCI Energy's Generous Investment Fuels Future Renewable Leaders

OCI Energy's Commitment to Renewable Energy Education

OCI Energy, a prominent leader in the development and management of utility-scale solar and battery energy storage projects, has made a remarkable pledge of $250,000 to support deserving students at The University of Texas at San Antonio (UTSA). This generous contribution aims to establish scholarships and internships for students aspiring to build careers in the growing field of renewable energy.

Supporting Future Innovators

Sabah Bayatli, the President of OCI Energy, expressed his pride as a UTSA alumnus and emphasized the company's commitment to nurturing the next generation of innovators in the renewable energy sector. "Investing in future engineers and policymakers is a vital step toward a cleaner and sustainable future, reflecting our mission to benefit the communities we operate in throughout the U.S.," Bayatli stated.

Battery Energy Storage Project Collaboration

The significant commitment by OCI Energy is part of a broader initiative involving a substantial 120 MW / 480 MWh battery energy storage project in conjunction with CPS Energy, recognized as the largest municipally owned electric and natural gas utility in the nation. Last December, both organizations shared the news of a long-term storage capacity agreement for the Alamo City Energy Storage System.

Operational Control and Sustainability Initiatives

According to the details of the agreement, OCI Energy is responsible for the development, financing, and construction of the project, while CPS Energy will maintain operational control to effectively meet the electrical demands of the community. This project marks a significant achievement for CPS Energy's long-term sustainability strategy, enhancing grid reliability while simultaneously fostering economic growth and supporting ambitious clean energy initiatives.

Empowering Students through Scholarships and Internships

The partnership promises to award scholarships to talented students within the Klesse College of Engineering & Integrated Design. Beginning in the fall of 2025, Klesse College will offer two annual scholarships, each valued at $10,000, specifically for students pursuing engineering degrees centered on renewable energy studies. Additionally, the UTSA Alumni Association plans to grant one $10,000 scholarship each academic year for students majoring in Business Management, Economics, or Political Science with a focus on renewable energy.

Creating Career Pathways

OCI Energy also commits to offering internship opportunities to undergraduate and graduate students from UTSA, aiming to facilitate their transition into full-time roles within the company. This comprehensive support exemplifies OCI Energy's dedication to enhancing students' professional experiences in the renewable energy industry.

Strengthening Community Partnerships

Rudy Garza, the President & CEO of CPS Energy, celebrated the collaboration, noting that such partnerships are essential for building a sustainable future. "OCI Energy's dedication to investing in UTSA students complements our Community Partnership & Growth objective, crucial for nurturing the next wave of energy leaders who will steward us toward a cleaner energy landscape," Garza remarked.

Eric Brey, Dean of the Klesse College, highlighted the importance of OCI Energy's investment, stating, "The scholarships offer vital financial assistance while the internships provide invaluable real-world experience, closing the loop on educational opportunities and career readiness for these students."

Celebrating Successes and Opportunities

Russell Wagner, Executive Director of the UTSA Alumni Association, expressed appreciation for OCI Energy's history of hiring UTSA graduates. He emphasized how these initiatives prepare students for post-graduate success and contribute positively to their transition into the workforce.

About OCI Energy

Founded in 2012, OCI Energy is committed to leading the clean energy transition with a strong portfolio of solar and battery projects. The company aims for a remarkable expansion of its portfolio to reach up to 10 GW by 2028, demonstrating its commitment to providing energy solutions that foster economic growth and community resilience.

About CPS Energy

As the largest public power provider in the United States, CPS Energy reflects a strong commitment to reliability and affordability for its over 950,000 electric and 389,000 natural gas customers. The organization focuses on sustainable practices while actively engaging in community service initiatives to empower local populations.

About UTSA

The University of Texas at San Antonio (UTSA) stands as a leading research university dedicated to educational excellence. With over 35,000 students, it plays a pivotal role in advancing education and research, fostering community engagement, and driving socioeconomic development within the region.

Frequently Asked Questions

What is OCI Energy's recent investment in UTSA?

OCI Energy has pledged $250,000 to support scholarships and internships for students pursuing careers in renewable energy at The University of Texas at San Antonio.

What are the scholarship opportunities offered by OCI Energy?

The company will provide two annual scholarships of $10,000 for engineering students focused on renewable energy and one scholarship for Business Management, Economics, or Political Science majors interested in the renewable sector.

How will the internships work for students?

OCI Energy aims to hire undergraduate and graduate students from UTSA as interns, providing them real-world experience that could lead to full-time positions post-graduation.

What is the significance of the battery energy storage project?

This project will enhance grid reliability, contribute to economic growth, and support clean energy initiatives in the community while fulfilling a storage capacity agreement with CPS Energy.

How long has OCI Energy been operating?

OCI Energy was established in 2012 and has since focused on facilitating the clean energy transition through innovative solar and battery storage solutions.

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