U.S. Energy Department Announces $237 Million Funding to Boost Domestic Transformer and Grid Equipment
The U.S. Energy Department on Oct. 30 announced a $237 million funding opportunity to strengthen domestic manufacturing of critical electric grid components and reduce dependence on foreign suppliers. The investment is expected to generate approximately $125 million in annual utility savings and retain an estimated $50 million each year in the U.S. economy by reducing…...
