Kazakhs unveil vast new electricity grid

The Smart Grid Is Awarded $3.4 Billion By The Recovery Act

By: amalgam80

The Smart Grid was given an additional $3.4 billion stimulus, to fund a hundred projects nationwide, by President Obama Wednesday. The amount was the largest one day stimulus award.   The grid is meant to modernize the old energy infrastructure into a infrastructure that is more “flexible”. Where it is easy for energy to “...

about 1 month ago

Agreements signed for World Bank loans for IIFCL, Banking Sector and ...

By: chnarendra

Loan Agreements for three projects amounting to US$ 4.2 billion equivalent were signed here today by the representatives from the Government of India, India Infrastructure Finance Co. Ltd (IIFCL), Power Grid Corporation and the World Bank. The details are as under: Financing of US$ 1.2 billion for IIFCL       &...

about 1 month ago

The Failure of Socialism

By: 481204chris

The Miami Herald published the following article last night; it makes interesting reading, because you could just as well substitute South Africa for Venezuela: “Turn out the lights, shorten the shower to three minutes, buy a portable generator. That is President Hugo Chavez's message to the citizens of energy-rich ...

about 1 month ago

The world’s rural poor impatiently await electricity that brings ...

By: GMBAIG

A must-have: Electricity allows rural villages to join global networks and escape poverty; above, a home with light in Antioquia, Colombia. © A. Valencia : One cannot open a newspaper without reading the word globalization, yet vast areas of the world are left ...

20 days ago