Digital Twin tech market set to accelerate to $72 billion by 2028 in drive for global decarbonisation
Digital Twin technology continues to attract ever higher growth predictions as the world seeks Climate Change solutions that support Building Back Better. The latest forecast from Marketwatch expects the sector’s CAGR to be 57.2 % on its way to valuation at $53.61 billion by 2027, while Fortune Business Insights says it will rocket to $72.35 billion by the following year. Just some of many bullish forecasts, they also follow Digital Twins being named by the Vector Innovation Fund – an inve...
Gov. Justice announces over $8.3 million in Transportation Alternatives and Recreational Trails grants, benefitting dozens of communities across state
CHARLESTON, WV – Gov. Jim Justice today announced the approval of over $8.3 million in Transportation Alternatives and Recreational Trails Program grants for 29 improvement projects in 21 counties across West Virginia. These grants help towns and cities improve their network of recreational trails, biking/walking paths, sidewalks, and more, by either building from scratch or enhancing what they already have through various types of projects. The program is administered by the West Virginia...
U.S. Department of Transportation Announces More Than $45 Million in Passenger Ferry Grant Awards to 11 States and Territories to Improve Public Transportation
President Biden's Bipartisan Infrastructure Law will mean more funding for ferries, lower emissions, and a special emphasis on rural communities WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today awarded $45.3 million in fiscal year 2021 grants to projects in 11 states and territories to support passenger ferry service. Grants awarded through FTA’s Passenger Ferry Grant Program help buy, repair, and modernize ferry boats and terminals that residents...
NJDOT awards $8.5 million in Airport Improvement Program grants
Grants will support projects at 11 airports in 8 counties (Trenton) – The New Jersey Department of Transportation (NJDOT) today announced the award of 11 Airport Improvement Program grants totaling more than $8.5 million in state funds to support airport safety and improvement projects. “General aviation airports not only provide transportation for residents, businesses, and visitors, but also serve as key economic engines for local communities,” NJDOT Commissioner Diane Gutierrez-Scaccett...
EPA Announces $23 Million in Pollution Prevention Grant Opportunities, including $14 Million in Bipartisan Infrastructure Law Funding
LENEXA, KAN. – On Wednesday, the U.S. Environmental Protection Agency (EPA) announced two grant funding opportunities for states and Tribes to develop and provide businesses with information, training, and tools to help them adopt pollution prevention (P2) practices. Approximately $14 million in grants with no cost share/match requirement are made possible by the $100 million investment in the P2 program provided by the Bipartisan Infrastructure Law. This is the first time EPA has offered P2 gr...
President Biden, USDOT and USDOE Announce $5 Billion over Five Years for National EV Charging Network, Made Possible by Bipartisan Infrastructure Law
Joint Energy and Transportation Office and DriveElectric.gov Available to Assist States with Electric Vehicle Infrastructure Deployment Plans WASHINGTON, D.C. – The U.S. Departments of Transportation and Energy today announced nearly $5 billion that will be made available under the new National Electric Vehicle Infrastructure (NEVI) Formula Program established by President Biden’s Bipartisan Infrastructure Law, to build out a national electric vehicle charging network, an important step towar...
President Biden’s Bipartisan Infrastructure Law Delivers Billions in Transit Funding Through Formula Grants
Bipartisan Infrastructure Law provides largest ever investment in transit WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced that more than $4.7 billion in Fiscal Year 2022 transit formula funding is now available to transit agencies, states, and Tribal governments to support public transportation – and public transportation jobs – throughout the country. The apportionment tables, which show a breakdown of funding based on statutory formul...
Lhyfe raises €17 million primarily from Andera Partners
NANTES (FRANCE) – Lhyfe, a world pioneer and pure player in renewable hydrogen production, is pleased to announce that it has raised funds for a third time, for a sum of €17 million. Most of the funds came from Andera Partners via its new green infrastructure investment fund Andera Infra. Ovive (part of Les Saules group) and the risk capital company SFLD (Société Financière Lorient Développement) also backed Lhyfe in this fundraising. The purpose of this third fundraising is to support Lhyfe’...
Federal Highway Administration Announces More Funding and Flexibility for Key Highway Safety Program under President Biden’s Bipartisan Infrastructure Law
New guidance incorporates Safe System approach, consistent with USDOT’s National Roadway Safety Strategy WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today released new guidance to implement changes in its signature highway safety funding program, which received substantial new funding under President Biden’s Bipartisan Infrastructure Law. The guidance ensures that the new funds are used strategically to make travel safer, including protecti...
U.S. Department of Transportation Announces Availability of $1.5 Billion in RAISE Grants Made Possible by President Biden’s Bipartisan Infrastructure Law
Popular RAISE Discretionary Grant Program funds increased by approximately $500 million over last year under the Bipartisan Infrastructure Law to help meet overwhelming demand WASHINGTON -- The U.S. Department of Transportation has published a Notice of Funding Opportunity (NOFO) for $1.5 billion in grant funding through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) discretionary grant program. The popular program helps communities around the country carry...
Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County
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June Issue 2026
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