Part of Gov. Hogan’s 2017 Environmental Package, the institute will develop and attract private investment and commercialize clean energy innovations and deployment solutions in Maryland.
From water technology and food processing to energy, power and control, companies in Wisconsin that recognize their mutual dependency and have formed partnerships to address common challenges are thriving and creating new economic opportunities.
Known as the Sunflower State, Kansas boasts a highly skilled workforce, outstanding infrastructure, low operating costs and a location in the heart of America.
Innovation hubs and logistics are the focus of Business Facilities September/October issue, plus reports on Indiana, New Jersey, Texas, North Carolina, California.
Nine states and Washington D.C. lead the pack in electricity grid modernization. Navagant Research forecasts that the global Smart Grid as a Service (SGaaS) market, estimated at $1.7 billion in 2014, will grow to $11 billion in 2023.
For the third year in a row, California is the highest-ranked state when it comes to moving toward a modernized electric grid, according to the 3rd Annual Grid Modernization Index (GMI).
Proposition 6 created an initial SWIFT fund of $2 billion, which the TWBD expects to leverage into a total of $27 billion in financing over the next 50 years to implement the state water plan, with about half of that coming from state financial assistance. State officials said TWDB was able to approve a large number of projects in the first round because a majority of entities applying for funds requested long-term financing, which enabled the board to stretch the available funds. TWBD allocates funding for water projects based on a ranking system it developed that takes into account the length of time it will take to implement a project and the overall long-term improvement the project represents. For example, a seawater desalination plant proposed by the Guadalupe-Blanco River Authority received seed funds from TWDB even though it will take much longer to build than other, higher-priority projects. TWDB must by law spend up to 20 percent of Prop 6 funds in the next five years on water conservation or re-use projects.
Geoengineering will be a growth sector in the age of climate change. The latest global warming "miracle cure" for the big CO2 problem is a new technology said to be able to extract carbon from the air and condense it into fibers that could be used as building materials or to produce components for electronics, cars, clothing and other manufactured goods.
In Auburn, NY, the hot political issue is economic development. Both candidates emphasized job creation with a youthful population base. Lattimore pushed for large-scale manufacturing plants and renewable energy projects to the Auburn area.
China is the top-ranked nation among Renewable Energy Investment Leaders in Business Facilities’ annual Global Rankings Report. Switzerland retained its crown as the top-ranked nation in Global Competitiveness.
Locations across the nation are rapidly applying the best practices needed to meet the requirements of new and expanding 21st century businesses. This makes it much tougher for us to pick the best of the best, so we’ve expanded our showcase to make room for an ever-increasing number of economic development leaders.
With three top universities in the area and connectivity via major interstates, Topeka, Kansas is rich with opportunity. Visit the GO Topeka Economic Partnership to learn more.
The 17th largest economy in the world, Illinois has grown and attracted some of the most innovative and iconic companies on the planet—including Amazon, Caterpillar, Boeing and Wrigley Company—thanks to its many advantages for business and talent. Learn more at intersectillinois.org.
