USDOT Announces $87.4 Million for Division Transit Project in Portland, Oregon
PORTLAND, Ore. – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) today announced a $87.4 million grant to the Tri-County Metropolitan Transportation District of Oregon (TriMet) for the Division Transit Project. The project will provide faster, more reliable transit service between Downtown Portland, Southeast and East Portland, and Gresham. "This $87.4 million federal investment will provide residents along the Division Street Corridor better access to job...
USDOT Announces $53.4 Million for Central City Line BRT Project in Spokane
SPOKANE, Wash. – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) today announced a $53.4 million grant to the Spokane Transit Authority (STA) for the Central City Line Bus Rapid Transit (BRT) project. The project will provide faster, more reliable transit service connecting communities located west and east of downtown. "This $53.4 million federal investment will provide residents along the Central City Corridor better access to jobs, educational opportuni...
FHWA Awards $8 Million to 10 States for Innovative Highway Projects
WASHINGTON – The Federal Highway Administration (FHWA) today announced more than $8 million in Accelerated Innovation Deployment (AID) Demonstration program grants to state departments of transportation (DOTs) and local governments in Alabama, Arkansas, Colorado, Florida, Illinois, Iowa, Michigan, Minnesota, New York, and North Dakota. The grants will help deliver bridge projects sooner, improve traffic management, and accelerate the use of innovative tools and technologies. “These funds wil...
USDOT Preps $906M Worth of INFRA Funding for FY 2020
The U.S. Department of Transportation issued a notice of funding opportunity on January 13 for a pool of $906 million worth of Infrastructure for Rebuilding America or INFRA discretionary grants. Applications are due by February 25, the agency said. [Above photo by the Arizona DOT.] “These INFRA grants will fund projects that support economic development, move freight, plus address congestion, connectivity gaps, and crumbling infrastructure,” noted USDOT Secretary Elaine Cha...
New Investments and Research Indicate Multi-Trillion Dollar Market for Climate Restoration Through Carbon-Capture
Thunderbird Convenes Global Leaders Across Sectors to Advance Climate Action Davos, Switzerland - Thunderbird School of Global Management released a new report today projecting that the world can realize at least $1trillion - $3trillion dollars in market opportunities and $3trillion - $5trillion dollars in broader economic, social and environmental benefits per year by 2030. Thunderbird’s Director-General and Dean, Dr. Sanjeev Khagram authored the new report and shared it at a cross-sector...
Lords LB Asset Management Fund to Finalize Largest Solar Power Project in Poland by Mid-2020
Energy and Infrastructure SME Fund, managed by Lords LB Asset Management, will add 65.5 MW to the country’s current solar power capacity of 1,300MW by its projected completion in mid-2020. Energy and Infrastructure SME Fund, managed by Lords LB Asset Management, is set to finalize one of the biggest single Polish solar power projects to date by mid-2020s. The project is set up to include 66 solar power parks with an installed capacity of up to 1MW each, totalling a wattage of at least 65.5MW...
Battery Storage, Smart Grid, and Energy Efficiency Companies Bring in $2.3 Billion in VC Funding in 2019
Battery Storage companies raise $1.7 billion; Smart Grid companies raise $300 million; Energy Efficiency companies raise $298 million 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 2019. To get a copy of the report, visit: http://mercomcapital.com/product/2019-q4-annual-funding-ma-report-storage-...
U.S. Department of Transportation Announces $5 Million in Grants to Improve Public Transportation on Tribal Lands
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced projects selected to receive approximately $5 million in grants to American Indian and Alaska Native tribal governments under FTA’s Tribal Transit Program. The Fiscal Year 2019 grants will support 39 projects in 20 states. "The $5 million in Tribal Transit grants will help connect tribal residents with jobs, healthcare and other essential services," said U.S. Transportation Secretary Elai...
Federal Transit Administration Launches $11 Million Innovation Initiative
WASHINGTON – Federal Transit Administration (FTA) Acting Administrator K. Jane Williams today announced the U.S. Department of Transportation’s Accelerating Innovative Mobility (AIM) initiative, which supports and advances innovation in the transit industry. Speaking at the Transportation Research Board 2020 annual meeting, Williams described the AIM initiative, which encourages innovation throughout the industry by promoting forward-thinking approaches to improve transit system design, service,...
USDOT Announces Availability of More Than $900 Million for Infrastructure Investments Across America
WASHINGTON – U.S. Department of Transportation (USDOT) Secretary Elaine L. Chao today announced the latest round of the Infrastructure for Rebuilding America (INFRA) discretionary grant program, which is making available more than $900 million for American infrastructure investments. The Department’s Notice of Funding Opportunity (NOFO) is available here. The INFRA program is expected to award $906 million to significant projects that support the Administration’s focus on infrastructure improvem...
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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