Smart Grid funds closer to flowingPublished on July 2nd, 2009 | By: email@example.com
Back in April, Ceramic Tech Weekly reported that the Obama administration had plans to invest a little under $4 billion for Smart Grid projects, but was still trying to work out the details. Now, it appears the DOE is one step closer to getting the funding moving.
The big news is that DOE Secretary Steven Chu has announced the agency is ready to actively solicit applications for $3.9 billion in grants and has released the final Funding Opportunity Announcements.
The DOE has divvied up the monies into one large and one small pot, with $3.3 billion for the Smart Grid Investment Grant Program (cost-sharing grants up to $200 million to support manufacturing, purchasing and installation of existing smart grid technologies that can be deployed on a commercial scale) and $615 million for Smart Grid projects (grants up to $100 million that demonstrate applications, integration and cost effectiveness).
The final FOAs are available at www.fedconnect.net. Search public opportunities for the following reference numbers: Smart Grid Investment Program (DE-FOA-0000058) and Smart Grid Demonstrations (DE-FOA-0000036).
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