• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Cleantech Market
    Cleantech News
    Cleantech Stocks
    • Cleantech Market
    • Cleantech News
    • Cleantech Stocks

    Department of Homeland Security Signs Contract Modification with AMSC

    Dorothy Neufeld
    Jun. 26, 2019 08:38AM PST
    Cleantech Investing

    AMSC (NASDAQ:AMSC), cleantech company focused on wind and solar power announced that the Department of Homeland Security has signed a modification agreement for the Resilient Electric Grid (REG) agreement. The REG grid is designed to reduce its environmental impact, increase durability and help prevent cyber attacks on power grids. As quoted in the press release: …

    AMSC (NASDAQ:AMSC), cleantech company focused on wind and solar power announced that the Department of Homeland Security has signed a modification agreement for the Resilient Electric Grid (REG) agreement. The REG grid is designed to reduce its environmental impact, increase durability and help prevent cyber attacks on power grids.

    As quoted in the press release:

    Chicago’s REG project is funded in part by the DHS Science and Technology Directorate initiative to secure the nation’s electric grid against extreme weather or other catastrophic events. The REG system uses AMSC’s high temperature superconductor technology and, under the terms of the agreement between AMSC and ComEd, will link existing electric power infrastructure within the City of Chicago. The REG system is expected to strengthen Chicago’s electric grid and to enhance its load serving capacity, resiliency and reliability.

    AMSC expects that the engineering work for the REG project in Chicago will begin in calendar year 2019, the REG project hardware will be delivered in 2020 and the REG system will be operational in 2021.

    Click here to read the full press release.

    department of homeland securitynasdaq:amsc
    The Conversation (0)

    Go Deeper

    AI Powered
    Shell Contract Consolidates Top Tier Global Energy Position

    Shell Contract Consolidates Top Tier Global Energy Position

    EMCOR Group

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×