U.S. Department of Transportation Announces $1.36 Billion Funding Allocation for 16 New and Existing Transit Projects Nationwide
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a total of $1.36 billion in federal funding allocations to 16 new and existing transit projects in the Capital Investment Grants (CIG) Program. FTA is allocating approximately $424.8 million in appropriated Fiscal Year (FY) 2018 CIG funding to two projects that have existing construction grant agreements and five new projects, subject to further review and approval, that are nearing readi...
Total Corporate Funding in the Solar Sector Comes to $2.8 Billion in Q1 2019, Reports Mercom Capital Group
AUSTIN, Texas – Mercom Capital Group a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019. Total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q1 2019 came to $2.8 billion. Year-over-Year (YoY) funding in Q1 2019 was about 10 percent higher compared to the $2.5 billion raised in Q1 2018. ...
FHWA Issues ATCMTD Grants, Releases $25M to Nebraska for Flood Repairs
Eight state departments of transportation were among the recipients of $53.2 million in Advanced Transportation and Congestion Management Technologies Deployment or ATCMTD grants issued April 1 by the Federal Highway Administration. [Above photo via Pexel.] The agency also released $25 million in “quick release” Emergency Relief funds to Nebraska on April 4 to help the state repair roads and bridges damaged by historic flooding that swept across the Midwest starting in mid-March. Create...
IFC Invests US$ 288 million in GNA I Thermal Power Plant to Support the Diversification of Brazil’s Energy Supply
São Paulo — IFC, a member of the World Bank Group, is providing a US$288 million 15-year loan to UTE GNA I Geração de Energia (GNA I) for the development, construction and operation of an integrated liquefied natural gas to power (LNG-to-power) facility in Porto de Açu, in the State of Rio de Janeiro, Brazil. The project is being developed by GNA (Gás Natural Açu), which is a joint venture among Prumo Logística, BP and Siemens, focused on structuring, implementing and operating sustainable energ...
U.S. Department of Transportation Awards $53 Million in Advanced Transportation and Congestion Management Technologies Grants
WASHINGTON – The U.S. Department of Transportation's Federal Highway Administration (FHWA) today awarded Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) grants valued at $53.2 million to 10 projects to fund advanced technologies that will improve mobility and safety for drivers and enhance the performance of the nation’s highway system. “These highly innovative projects offer high-tech solutions to relieve congestion and improve safety and efficiency on the...
U.S. Department of Transportation Awards $8 Million Grant to Alabama for Connected Vehicle and Transportation Technologies
WASHINGTON – The U.S. Department of Transportation's Federal Highway Administration (FHWA) today awarded an $8 million Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) grant to the University of Alabama for the Advanced Connected Transportation Infrastructure and Operations Network (ACTION). “These highly innovative projects offer high-tech solutions to relieve congestion and improve safety and efficiency on the nation's highways,” said U.S. Transportation Se...
U.S. Department of Transportation Awards $8 Million Grant to Bay Area Mobility-On-Demand Project
WASHINGTON – The U.S. Department of Transportation's Federal Highway Administration (FHWA) today awarded an $8 million Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) grant to the Contra Costa Transportation Authority for the Bay Area Mobility-On-Demand (MOD) Project. “These highly innovative projects offer high-tech solutions to relieve congestion and improve safety and efficiency on the nation’s highways,” said U.S. Transportation Secretary Elaine L. Chao....
TTWiiN Portfolio Company OnScale Receives Series A Funding for New Service Platform; Venture Capital Funding is Step Towards Realization of Thornton Tomasetti/Weidlinger Vision
(New York, N.Y. ) – TTWiiN, the technology accelerator of Thornton Tomasetti, a global leader in the optimization, design and performance of structures, materials and systems for projects of every size and level of complexity, announces that one of its portfolio companies OnScale received $10M in Series A funding led by Intel Capital and Gradient Ventures, Google’s AI-focused venture capital fund. OnScale, which was established in 2016 through $3 million in seed funding from TTWiiN, has qui...
EPA Administrator Andrew Wheeler Visits Denver and Announces New WIFIA Funding
DENVER - On Friday, U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler visited Denver, Colorado where he announced new funding for the Water Infrastructure Financing and Innovation Act (WIFIA) program and delivered the keynote address to the American Bar Association's Environmental Law Conference. “While touring the Denver Water Recycling Plant, I saw firsthand the innovative approaches that communities in the West are taking to solve their water challenges. EPA’s new r...
Colorado State University Expands Curriculum for Integrated Digital Construction with Trimble Technologies
SUNNYVALE, Calif. and FORT COLLINS, Colo.–Trimble (NASDAQ: TRMB) announced today that it has awarded a significant in-kind gift to the Department of Construction Management at Colorado State University (CSU) that will expand the University’s leadership in training and research for 3D building design, construction management, digital fabrication, civil infrastructure, geomatics and the sustainable built environment. This gift will enable CSU to integrate across its curricula Trimble solutions tha...