New York Initiates $144.6M Transportation Infrastructure Spending Effort
The state of New York recently gave the green light to $144.6 million worth of infrastructure investment for 72 projects supporting the construction of new multi-use bicycle and pedestrian facilities, new Americans with Disabilities Act-accessible sidewalks, plus improved access to public transportation and enhanced roadway safety. [Photo of Gov. Andrew Cuomo by Marc Hermann/MTA New York City Transit.] “New York State is making historic, nation-leading investments in cleaner and more susta...
Energy Policy Center at the University of Pennsylvania Receives $30 Million Gift
PHILADELPHIA — The Kleinman Center for Energy Policy at the University of Pennsylvania today received an anonymous $30 million gift that will support continued programming at the Center. Underscoring Penn’s commitment to energy and sustainability, the $30 million gift arrives on the heels of last week’s $50 million gift from alumni Roy and Diana Vagelos to build a new science center for researchers focused on energy science. This gift also follows Penn President Amy Gutmann’s 2017 announceme...
U.S. Transportation Secretary Elaine L. Chao Announces Availability of $900 Million in Infrastructure Grant Funds
WASHINGTON – The U.S. Department of Transportation (DOT) has formally announced a Notice of Funding Opportunity (NOFO) to apply for $900 million in discretionary grant funding through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program. “These BUILD Transportation grants will provide needed infrastructure investment to better connect rural and urban communities around our nation,” said U.S. Secretary of Transportation Elaine L. Chao....
USDOT Unveils $900M BUILD Grant NOFO
The U.S. Department of Transportation published a Notice of Funding Opportunity in the Federal Register on April 18 for $900 million worth of fiscal year 2019 Better Utilizing Investments to Leverage Development or BUILD transportation grants. [Above photo by the Ohio Department of Transportation.] The agency said funds for the FY 2019 BUILD Transportation grants program – which underwent a name change in 2018 – will be awarded on a competitive basis for surface transportati...
Wärtsilä Continues to Invest in a 100% Renewable Energy Future by Providing Seed Funding to Soletair Power Oy
The technology group Wärtsilä has agreed to provide EUR 500,000 in seed funding to Soletair Power Oy, a Finland based startup company operating in the field of Power-to-X. Soletair Power Oy has developed a unique concept to improve air quality in buildings by capturing carbon dioxide (CO2) and converting it to synthetic renewable fuel. Soletair Power’s concept represents an important step towards carbon neutral societies and supports Wärtsilä’s strategy in leading the energy sector’s transformat...
U.S. Department of Transportation Announces $1.36 Billion Funding Allocation for 16 New and Existing Transit Projects Nationwide
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a total of $1.36 billion in federal funding allocations to 16 new and existing transit projects in the Capital Investment Grants (CIG) Program. FTA is allocating approximately $424.8 million in appropriated Fiscal Year (FY) 2018 CIG funding to two projects that have existing construction grant agreements and five new projects, subject to further review and approval, that are nearing readi...
Total Corporate Funding in the Solar Sector Comes to $2.8 Billion in Q1 2019, Reports Mercom Capital Group
AUSTIN, Texas – Mercom Capital Group a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019. Total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q1 2019 came to $2.8 billion. Year-over-Year (YoY) funding in Q1 2019 was about 10 percent higher compared to the $2.5 billion raised in Q1 2018. ...
FHWA Issues ATCMTD Grants, Releases $25M to Nebraska for Flood Repairs
Eight state departments of transportation were among the recipients of $53.2 million in Advanced Transportation and Congestion Management Technologies Deployment or ATCMTD grants issued April 1 by the Federal Highway Administration. [Above photo via Pexel.] The agency also released $25 million in “quick release” Emergency Relief funds to Nebraska on April 4 to help the state repair roads and bridges damaged by historic flooding that swept across the Midwest starting in mid-March. Create...
IFC Invests US$ 288 million in GNA I Thermal Power Plant to Support the Diversification of Brazil’s Energy Supply
São Paulo — IFC, a member of the World Bank Group, is providing a US$288 million 15-year loan to UTE GNA I Geração de Energia (GNA I) for the development, construction and operation of an integrated liquefied natural gas to power (LNG-to-power) facility in Porto de Açu, in the State of Rio de Janeiro, Brazil. The project is being developed by GNA (Gás Natural Açu), which is a joint venture among Prumo Logística, BP and Siemens, focused on structuring, implementing and operating sustainable energ...
U.S. Department of Transportation Awards $53 Million in Advanced Transportation and Congestion Management Technologies 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 $53.2 million to 10 projects to fund advanced technologies that will improve mobility and safety for drivers and enhance the performance of the nation’s highway system. “These highly innovative projects offer high-tech solutions to relieve congestion and improve safety and efficiency on the...
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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