New Smart Grid Stimulus Channel Monitors Progress and Impact of Stimulus Awards
* Reuters is not responsible for the content in this press release.
ROCKVILLE, Md., Oct. 29, 2009 (GLOBE NEWSWIRE) -- Telvent (Nasdaq:TLVT), the IT
company for a sustainable and secure world, has announced today it is sponsoring
a channel to monitor the progress and impact of stimulus awards for Smart Grid
projects around the country. This one-stop resource for industry professionals,
consumers and policymakers to track stimulus money and results is being produced
by SmartGridNews.com, the Web's most comprehensive source of stimulus news,
analysis and tools.
The newly launched Stimulus Channel on SmartGridNews.com provides constant
updates, specialized content and timely tools for locating funding, projects
and/or partners for the build-out of tomorrow's grid. As those projects begin to
report progress (as required by the Recovery Act), the site will also provide a
one-stop clearinghouse of the findings and results.
From the billions of dollars parceled out by the federal government to the
millions being allocated by state and local governments, the Stimulus Channel
makes it easy to surface actionable content. One example: The channel features
stimulus toolkits for all 50 states, with links to state energy offices,
regulatory bodies and utilities, plus local media coverage of energy issues and
initiatives and summaries of state energy projects, RFPs and awards.
"We know how important this stimulus information is for the industry," said
Larry Stack, president, Telvent Energy. "At Telvent, our focus is to help our
customers maximize their Smart Grid investments. Aligning with the sector's
leading content provider was a natural fit for us."
"This may be our country's last, best chance to renew the electric power system
and make it ready for a future of renewable energy, electric vehicles, and
global competition," suggests Founding Editor Jesse Berst. "With this new
channel we have made a pledge to cover all things with regards to the stimulus.
It's a big job and we're pleased to have Telvent as a partner."
About Telvent
Telvent (Nasdaq:TLVT) is a global IT solutions and business information services
provider dedicated to helping improve efficiency, safety and security for the
world's leading companies. Telvent serves markets that are critical to the
sustainability of the planet, including the energy, transportation, agricultural
and environmental sectors. (www.telvent.com).
The Telvent GIT S.A. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3116
About Smart Grid News
Smart Grid News is the sector's oldest, largest and highest-ranked specialty
site. It produces daily news analysis, delivers a weekly email summary,
publishes the sector's only hands-on product reviews, and maintains the Web's
largest collection of Smart Grid-specific resources, including research papers,
case studies and stimulus tools. It features exclusive content from some of the
world's leading Smart Grid experts, including Charles River Associates, EnerNex
Corporation, Horizon Energy, Lux Research, Newton-Evans Research, Pike Research
and many others.
www.smartgridnews.com
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CONTACT: Telvent
Investor Relations Contact
Barbara Zubiria Furest
+1 301 354 4680
ir@telvent.com
Communications Department Contact
Patricia Malo de Molina
+34 954 93 71 11
comunicacion@telvent.com
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