/ Category / Financial

U.S. Department of Transportation Announces $15.8 Million in Grant Awards to 37 Projects Nationwide to Improve Operational Efficiency of Transit Agencies Affected by COVID-19 Public Health Emergency

January 21, 2021 - in Financial, News

WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced that 37 projects will receive a share of $15.8 million in funding to support strategies that develop, deploy and demonstrate solutions that…

Macquarie’s Green Investment Group invests in North American utility-scale storage developer esVolta

January 20, 2021 - in Financial, News

Macquarie’s Green Investment Group (GIG) today announced that it will make an investment in esVolta, a developer and owner of utility-scale energy storage…

Battery Storage, Smart Grid, and Energy Efficiency Companies Bring in $8.1 Billion in Corporate Funding in 2020

January 19, 2021 - in Financial, News

AUSTIN, Texas — Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions…

Micatu Secures $10 Million Investment from Wave Equity Partners for Disruptive Grid Optical Sensor Platform

January 14, 2021 - in Financial, News

Safe, reliable, accurate optical sensor technology allows utilities to mitigate grid disruption from increased renewable use Micatu, Incorporated, a leader in optical sensing solutions, today announced a $10 million growth investment led by WAVE Equity Partners,…

U.S. Department of Transportation Announces $766.5 Million Grant Agreement to New Jersey Transit for the Portal North Bridge Project in Hudson County, New Jersey

January 13, 2021 - in Financial, News

WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced a $766.5 million Capital Investment Grant (CIG) agreement with New Jersey Transit Corporation (New Jersey Transit) for the Portal North Bridge Project…

Engineering Drives Significant Economic Activity and Employment New Landmark Study Finds

January 11, 2021 - in Featured, Financial, News

Engineering and Architectural Services Sector Employs More Than 1.5 Million; Generates 2% Of U.S. Economy Washington, DC (January 11, 2021)— The Engineering and Architectural Services sector directly employs more than 1.5 million Americans and supports…

USDOT Announces $174 Million Grant Agreement to Expand Kansas City, Missouri, Streetcar Service

January 11, 2021 - in Financial, News

WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced a $174.1 million federal grant agreement with the City of Kansas City, Missouri for the Kansas City Streetcar Main Street Extension Project, which will…

Breaking Down State DOT COVID-19 Relief Funding

January 11, 2021 - in COVID-19, Financial, News

The American Association of State Highway and Transportation Officials recently analyzed the $10 billion in emergency aid provided to state departments of transportation as part of the $900 billion COVID-19 relief measure signed into law on December 27 along…

USDOT Announces $529.8 Million for South Central Light Rail Extension/Downtown Hub in Phoenix, Arizona

January 8, 2021 - in Financial, News

WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced a $529.8 million federal grant agreement with Valley Metro for the South Central Light Rail Extension/Downtown Hub Project in Phoenix, Arizona. The…

U.S. Department of Transportation Announces Over $41 Million in Awards for Innovative Technologies to Improve Transportation Mobility and Access for Persons with Disabilities

January 8, 2021 - in Financial, News

WASHINGTON – U.S. Secretary of Transportation Elaine L. Chao announced today that the Trump Administration will award more than $41 million to 15 teams in 15 states through two Department of Transportation design challenges to improve transportation access…