Biden-Harris Administration Announces More than $52 Million in Advanced Technology Grants to Improve Safety and Reduce Travel Times
Funded by President Biden’s Bipartisan Infrastructure Law, projects include real-time traffic information, transit signal timing systems, and seamless transit payment systems WASHINGTON – Today, the U.S. Department of Transportation’s Federal Highway Administration (FHWA) announced more than $52 million in grants for eight states from the Advanced Transportation Technology and Innovation (ATTAIN) program. As part of President Biden’s Investing in America agenda, the grants will fund technolog...
Biden-Harris Administration Invests $251 Million to Expand Infrastructure to Support CO2 Transport and Storage
President Biden’s Investing in America Agenda Supports Projects Across Seven States That Will Slash CO2 Emissions, Build High-Quality Jobs, and Deliver Cleaner Air WASHINGTON, D.C. – As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $251 million to support 12 selected projects across seven states that will bolster the nation’s carbon management capabilities. The projects, funded by the Bipartisan Infrastructure Law, will expand carb...
Planera Raises $5.4 Million in Seed Funding to Transform Construction Industry Project Planning and Scheduling
Web-Based Digital whiteboard makes construction planning and project management fast, easy, and collaborative San Jose, CA — Planera, a visual scheduling and planning solution that helps construction companies build, analyze, and optimize schedules to increase profitability, today announced it has raised $5.4 million in seed funding from Sorenson Ventures, Firebolt Ventures, and several prominent construction executives and the company’s public launch. Developed by successful startup...
HUD Announces More than $837 Million from President Biden’s Investing in America Agenda to Reduce Energy Costs for Underserved Communities
New funding from Inflation Reduction Act of 2022 and $4 billion in loan commitment authority will make HUD-assisted multifamily housing more energy efficient, cut greenhouse gas emissions, and improve climate resiliency. WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today will announce the availability of new funding through the Green and Resilient Retrofit Program (GRRP) to reduce greenhouse gas emissions and improve the energy and water efficiency and climate resil...
Xylem Reports First Quarter 2023 Results
First-quarter revenue grew 14%, up 17% organically First-quarter earnings per share of $0.54, up 20%; adjusted earnings per share of $0.72, up 53% Raising full-year organic revenue growth guidance to 8% to 9%, from 4% to 6% Lifting full-year adjusted EPS guidance to $3.15 to $3.35, from $3.00 to $3.25 Evoqua transaction on track to close by mid-year WASHINGTON - Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most chal...
ACWA Power’s 200MW Kom Ombo solar project obtains US$123 million financing package
EBRD, OPEC Fund, AfDB, GCF, SEFA, Arab Bank and APICORP provide loans for Egyptian clean energy facility Project expected to reach commercial operations in January 2024 Riyadh, Saudi Arabia/ Cairo, Egypt ‒ ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, today announced that it has signed a US$123 million financing package to develop the 200MW Kom Ombo project, a utility-scale solar power plan...
Biden-Harris Administration Opens Applications for $848 Million in Competitive Grant Funding to Make Roads, Bridges, Transit, Rail, and Ports More Resilient to Climate Change
New Bipartisan Infrastructure Law program supports projects to protect community transportation systems from natural hazards and climate change impacts, including through nature-based solutions WASHINGTON – Today, the U.S. Department of Transportation’s Federal Highway Administration (FHWA) opened applications for the first round of the Bipartisan Infrastructure Law’s Promoting Resilient Operations for Transformative, Efficient, and Cost-Saving Transportation (PROTECT) Discretionary Gra...
National Science Foundation Awards Research Funding to Advance Performance-Based Fire Design for Cold-Formed Steel Structures
WASHINGTON, DC – A research project progressing from the American Iron and Steel Institute’s (AISI) Small Project/Fellowship Program has received significant funding through the National Science Foundation (NSF) to advance performance-based fire design for cold-formed steel (CFS) structures. Thomas Gernay, Ph.D., Assistant Professor in the Department of Civil and Systems Engineering at Johns Hopkins University (JHU), was named a recipient of the NSF’s Faculty Early Career Development (CAREER) Aw...
FTA Announces More than $14 Billion in Federal Funding to Support Public Transportation Across the U.S.
WASHINGTON – As part of its annual support to transit systems nationwide, the Federal Transit Administration (FTA) today published details about the formula funding that helps communities maintain and operate the trains, buses, and ferries that provide more than half a million transit trips every month. This year, a total of $14 billion is being invested in states and transit agencies to help improve public transportation, meeting local goals such as upgrading stations and tracks, transitioning...
Biden-Harris Administration Announces Nearly $300 Million for 9 Bridge Projects as Part of Investing in America Agenda
Bipartisan Infrastructure Law includes $40 billion to rebuild, repair and replace bridges across the country, a critical investment in America’s communities WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced nearly $300 million for nine small and medium-sized bridge projects in both rural and urban areas in eight states and the District of Columbia. The grants from the Bipartisan Infrastructure Law’s Bridge Investment Program are an...