CenterPoint Energy wins USD 50 million DOE grant for Houston grid modernization
Bitget2026/09/24 21:52- CenterPoint Energy won selection for a USD 50 million U.S. Department of Energy grant for advanced substation upgrades in Greater Houston.
- Project targets grid resiliency, reliability, rapid response to demand swings, capacity expansion.
- Funding runs through DOE’s SPARK program; award subject to final negotiations.
- Siemens Energy technology slated for deployment; company expects more than 500 local jobs tied to construction, installation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Raphael Zagury: Bitcoin will eventually surpass gold
Federal Reserve Bowman: AI Brings Both Opportunities and Risks to the Banking Industry, Fed Urges Strengthening of System Security Protections
Federal Reserve Vice Chair for Supervision, Bowman, warned that AI has a dual impact on the banking industry, serving both as a defensive tool and introducing new emerging risks. She urged banks to strengthen basic cybersecurity measures, including updating asset inventories, deploying multi-factor authentication, and improving vulnerability management. Bowman also stated that regulators will continue to adjust their examination approaches, implementing differentiated supervision for community banks instead of imposing blanket mandatory requirements.
FingerMotion to Buy Newbit Technology for $2.3 Million
BUZZ - Pyxis Oncology shares decline after launching equity financing
Crypto prices
More
