Newlab is establishing a $50 million public-private partnership in New Orleans to foster energy and technology innovation.
The Newlab New Orleans facility will focus on industrial power, carbon management, and shipping and maritime technologies.
The Bywater naval base site offers unparalleled access to energy assets and a skilled workforce.
Newlab has a successful track record of transforming blighted properties into thriving tech hubs in cities like Brooklyn and Detroit.
The project is expected to create hundreds, if not thousands, of jobs for the region.
Why this matters: This initiative aims to position Louisiana as a leader in innovative energy and technology, attracting investment and creating jobs in a critical sector.
Newlab New Orleans represents a significant investment in the region's future, with a focus on three key areas:
Industrial Power: Developing low-cost hydrogen production, low-carbon energy generation, and modernizing the energy grid.
Carbon Management and Utilization: Enhancing carbon removal and converting captured carbon into valuable products.
Shipping and Maritime: Accelerating solutions for port infrastructure, alternative maritime fuels, and emissions reduction technologies.
The project is a collaboration between Louisiana Economic Development, the City of New Orleans, LSU, Greater New Orleans, Inc., Shell, and the Future Use of Energy in Louisiana initiative. The goal is to provide laboratory space and advanced machinery for startups to develop and commercialize their ideas. Construction is expected to begin in late summer or early fall, with the facility opening in the fall of 2026.
Newlab's expansion into New Orleans aims to replicate its success in other cities, where it has transformed blighted properties into job hubs. The Bywater naval base, vacant since Hurricane Katrina, will be revitalized into a center for technological innovation. In addition to Newlab, plans are underway to develop affordable housing and retail space at the site.
Q: What is Newlab New Orleans?
It is a new innovation hub focused on energy and technology, located at the Bywater naval base in New Orleans.
Q: What are the key focus areas of Newlab New Orleans?
Industrial power, carbon management and utilization, and shipping and maritime technologies.
Q: Who are the key partners in this project?
Louisiana Economic Development, the City of New Orleans, LSU, Greater New Orleans, Inc., and Shell.
Newlab New Orleans aims to drive innovation and job creation in the energy sector.
The project will revitalize the blighted Bywater naval base.
Louisiana is positioning itself as a leader in energy technology.
The initiative focuses on industrial power, carbon management, and maritime technologies, offering new opportunities for startups and industry partners.
Do you think this innovation hub will revitalize the Bywater area and attract more tech companies to New Orleans? Let us know!
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