Thursday, October 29, 2009

Telvent tracking progress and impact of broadband stimulus awards for Smart Grid projects

Telvent, a global IT solutions and business information services provider, is reportedly sponsoring SmartGridNews.com, a special website where visitors can track the progress and impact of broadband stimulus awards for Smart Grid projects around the country.

The US federal government has appropriated $7.2 billion for building-out the country’s broadband infrastructure as part of the The American Recovery and Reinvestment Act of 2009. The broadband stimulus funds, which are mostly aimed at bringing high speed Internet service to rural areas, are being administered by the Department of Agriculture's Rural Utilities Service (RUS) and The Department of Commerce's National Telecommunications Information Administration (NTIA). These funds will be used to bring high speed broadband to “unserved” and “underserved” communities across the U.S., in the hopes that this will increase jobs, spur investments in technology and infrastructure, and provide long-term economic benefits...