The U.S. Department of Energy's Grid Deployment Office awarded a $60,413,539 Project Grant on January 1, 2025 to Veir Inc. for the "BIPARTISAN INFRASTRUCTURE LAW (BIL) - ACCESS CLEAN ENERGY WITH SUPERCONDUCTORS ACES PROJECT" under the Grid Infrastructure Deployment and Resilience program (CFDA 81.254). This program aims to improve the reliability, resilience, and flexibility of the U.S. electric grid infrastructure through initiatives that maintain critical generation facilities, enhance transmission and distribution systems, and deploy smart grid technologies. The project will be executed between January 1, 2025 and December 31, 2029 to help prevent power outages, integrate renewable energy, and strengthen emergency preparedness across various geographic regions and community types.
Generated 2/25/25, 5:48 AM