August 10, 2009 -Duke Energy Applies for $214 million in Stimulus Funding
Long-time Ambient customer, Duke Energy, is continuing deployment of its smart grid, or “energy internet”, projects as described in an announcement last week detailing plans to apply for DOE stimulus funding. . Ambient Corporation recently provided a letter of support for Duke Energy’s application of $214 million in DOE Smart Grid Investment Grant Funding Opportunities (DE-FOA-0000058).
Duke Energy and Ambient have worked together on smart grid development and deployment projects for several years. In making this announcement, Duke detailed plans to accelerate its modernization programs in Ohio, Indiana and Kentucky in what the company describes as “one of the largest smart grid initiatives in the country.”
Monday, August 10, 2009
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