A new report by Innovation Observatory, more than $378 billion will be collectively invested in building electricity smart grids by 2030. Sources: Http://Xrl.Us/Bii2sf http://xrl.us/bigqfh

Monday, May 17, 2010

Duke Energy Signs Agreement with DOE


May 13, 2010
Ambient is excited to share with you the news that our marquee customer, Duke Energy, today announced that they have executed their agreements with the Department of Energy (Duke Energy's release).
The larger of the two agreements will allow Duke Energy to access up to $200M of Smart Grid Investment Grant funding awarded to them back in October 2009, by the Department of Energy (DOE) to facilitate their smart grid deployment plans through May 2013.
Further, we are gratified to be part of Duke Energy's successful application to the DOE, and we look forward to continuing our support of Duke Energy's initiatives and vision to build out an open smart grid platform.
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