Battery Storage, Smart Grid, and Energy Efficiency Companies Bring in $8.1 Billion in Corporate Funding in 2020
AUSTIN, Texas — Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2020. To get a copy of the report, visit: https://mercomcapital.com/product/2020-q4-annual-funding-ma-report-storage-grid-efficiency Total corporate funding (including venture capital funding, public market, and debt financing) for the Battery Stora...
Micatu Secures $10 Million Investment from Wave Equity Partners for Disruptive Grid Optical Sensor Platform
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, LLC. The financing will support the company’s continued global expansion and ongoing deployment of its proprietary GridView optical sensing platform for industrial and utility grid measurement solutions. “Our nation’s electric grid...
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
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 in Hudson County, New Jersey. The project will improve the reliability of commuter rail service between New Jersey and New York by increasing capacity and reducing bridge maintenance expenses of the 100-year old bridge. "This $766.5 million...
Engineering Drives Significant Economic Activity and Employment New Landmark Study Finds
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 an additional 3 million indirect jobs - making up 3 percent of all U.S. jobs. This is according to a first-of-its-kind industry profile out today from the ACEC Research Institute—the leading source of knowledge and thought leadership in the eng...
USDOT Announces $174 Million Grant Agreement to Expand Kansas City, Missouri, Streetcar Service
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 improve transportation options and continue to spur economic development along the streetcar corridor. "This $174.1 million federal grant agreement will extend the streetcar line, better connecting residents to jobs and essential services,...
Breaking Down State DOT COVID-19 Relief Funding
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 with the appropriations package for all of fiscal year 2021. [Above photo by the West Virginia DOT.] That analysis – conducted by AASHTO’s transportation policy team – noted that of the $10 billion in direct funding assistance for COVI...
USDOT Announces $529.8 Million for South Central Light Rail Extension/Downtown Hub in Phoenix, Arizona
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 5.5-mile extension will connect South Phoenix residents to the regional light rail system, improving access and mobility throughout this growing region. "This $529.8 million federal grant agreement will better connect Phoenix residents to jobs...
U.S. Department of Transportation Announces Over $41 Million in Awards for Innovative Technologies to Improve Transportation Mobility and Access for Persons with Disabilities
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 to persons with disabilities and individuals with mobility challenges. “These exciting projects support the development of new innovative, inclusive, and affordable transportation technologies that address mobility and access challenges,” s...
U.S. Department of Transportation Awards $49.6 Million in Advanced Transportation and Congestion Management Technologies Deployment 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 $49.6 million to 10 projects using advanced intelligent transportation systems (ITS) technologies that will improve mobility and safety and support vehicle connectivity. “This $49.6 million in grant funding will support innovative solutions to improve connectivity and help prepare America’s...
State DOTs Net $10B In Aid From COVID-19 Relief Legislation
State departments of transportation are getting $10 billion in long-awaited emergency aid from a $900 billion COVID-19 relief measure passed by Congress late on December 21 as part of a final year-end legislative package. The House of Representatives passed the legislative package that included the COVID-19 rescue bill by a vote of 359 to 53, with the Senate passing it by a vote of 92 to 6. President Trump signed the measure on December 27, though he requested in a statemen...
Video: New Roundabout Under Construction at McIver and Old Florence Roads in Darlington County
Promenade at The Point
June Issue 2026
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