Cree, NCSU, ABB share $5.15 million smart-grid grant
Cree, NCSU, ABB share $5.15 million smart-grid grant, News & Observer, August 7, 2012. Federal energy officials awarded a $5.15 million, three-year grant to a group led by Durham-based Cree that’s working on new “smart grid” technology. Cree’s partners include researchers at N.C. State, ABB and Powerex. Most of the money will go to Cree, which is developing a new semiconductor device. N.C. State announced it will receive about $750,000 of the grant.
