FARMINGTON HILLS, Mich. and CAMBRIDGE, Mass., June 23 /PRNewswire/ -- As
part of the MIT Energy Initiative (MITEI), MIT and Bosch, a leading global
supplier of technology and services, have announced a new energy research
collaboration aimed at exploring new materials and concepts for efficient
energy-conversion and energy-storage systems.
With the collaboration, Bosch becomes a Sustaining Member of the MIT
Energy Initiative (MITEI), which was formally established in November 2006 to
address global energy issues.
"We are extremely excited about this new collaboration with one of the
world's truly unique corporations," said Professor Ernest Moniz, director of
MITEI. "Bosch is both a diversified technology company and a major
contributor to global humanitarian causes. Much of its technology development
is focused on improving the environment. We hope that the pairing of Bosch's
global reach and commitment with the expertise of MIT's faculty and
researchers will help meet the world's energy and environmental challenges and
contribute to a clean, affordable energy future."
As a Sustaining Member, Bosch will contribute five million dollars to
MITEI over a five-year period which will fund a research portfolio at the
Institute focused on energy efficiency and renewable energy research projects.
In addition, Bosch will have a seat on the MITEI governing board. The board
will have a significant influence on shaping the initiative's future research
portfolio. As a Sustaining Member of MITEI, Bosch will support 10 "Bosch-MIT
Energy Fellows," graduate students who will do research in various energy
disciplines.
"The dedication of Bosch to sustainable growth, ecology, and a secure
future is reflected in this collaboration with MIT," said Dr. Klaus Dieterich,
president of the Bosch corporate sector Research and Advance Development. "We
are glad to have this opportunity to support and collaborate with MITEI in
shaping the future in such a crucial area. Through this collaboration, as
well as at Bosch, we will accelerate the development and deployment of new
technologies that address the ecological concerns of a global society."
The MITEI-Bosch collaboration will focus on three areas:
-- The atomistic modeling and computational search for new materials in
electrochemical energy storage and electromechanical actuation,
-- Nano-structured thermoelectric materials for residential heat and
electricity co-generation, and
-- Ultra-efficient thin-film solar cells.
About MITEI
MITEI is an Institute-wide initiative at MIT designed to help transform
the global energy system to meet the challenges of the future. The MIT Energy
Initiative includes research, education, campus energy management and outreach
activities, an interdisciplinary approach that covers all areas of energy
supply and demand, security and environmental impact. For more information,
please visit web.mit.edu/mitei/.
About Bosch
The Bosch Group is a leading global supplier of technology and services.
In the areas of automotive and industrial technology, consumer goods, and
building technology, some 271,000 associates generated sales of 46.3 billion
euros (over $63 billion) in fiscal 2007. The Bosch Group comprises Robert
Bosch GmbH and its more than 300 subsidiaries and regional companies in
roughly 50 countries. This worldwide development, manufacturing, and sales
network is the foundation for further growth. Each year, Bosch spends more
than 3 billion euros for research and development, and applies for over 3,000
patents worldwide. The company was set up in Stuttgart in 1886 by Robert
Bosch (1861-1942) as "Workshop for Precision Mechanics and Electrical
Engineering."
In North America, the Bosch Group manufactures and markets automotive
original equipment and aftermarket products, industrial automation and mobile
products, power tools and accessories, security technology, thermo-technology,
packaging equipment and household appliances. Bosch employs approximately
25,000 associates in more than 70 locations throughout the U.S., Canada and
Mexico, with reported sales of $9.5 billion in fiscal 2007. For more
information on the company, visit www.boschusa.com.
Contacts:
Thomas Knoll
Robert Bosch GmbH
49(711)811-7088
Thomas.Knoll@us.bosch.com
Chandra Lewis
Robert Bosch LLC
248-876-6731
Chandra.lewis@us.bosch.com
Elizabeth Thomson
Massachusetts Institute of Technology
617-258-5402
thomson@mit.edu
SOURCE Robert Bosch LLC
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