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For the Record
Virginia Business Magazine
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AES Corp., an Arlington-based energy company, entered into an agreement with EHN, a Spanish developer of renewable energy projects, to partner on wind generation projects in New York’s Niagara County and Clinton County. AES sees potential for wind generation energy in New York, which has adopted a goal of achieving 25 percent of its energy needs from renewable resources by 2013. (Press release)

The Center for Advanced Separation Technologies, a university and industry consortium led by Virginia Tech, received a $12 million grant form the U.S. Department of Energy. The funds are earmarked for research to develop technologies for production of solid fuels by the mining industry through environmentally friendly and sustainable means. (Press release)

The Hampton Industrial Development Authority entered into an agreement to construct a $4 million building in Langley Research and Development Park to attract companies in the motor sports industry. The Hampton Roads has been touted as a possible motor sports incubator because of the presence of auto companies such as Ford and Siemens and availability of test facilities through Old Dominion University and Langley Speedway. (Daily Press)

Virginia committed $2.4 million for research universities and private companies in Virginia to have access to the National LambdaRail, a nationwide high-speed fiber-optic network. Verizon Communications Inc. will provide the link to allow transmission of data 100 times faster than currently possible. Economic development possibilities exist from high-tech companies that may be drawn to Virginia to take advantage of the access. (The Virginian-Pilot)

Virginia pledged $1.4 million to establish and promote an institute to promote modeling and simulation projects for homeland security, emergency services and other uses. Defense contractors will foot most of the $5 million to launch the institute. Plans call for expanding Old Dominion University’s Virginia Modeling and Analysis and Simulation Center in Suffolk as part of the effort. (The Virginian-Pilot)

Virginia Department of Transportation reached agreement with the Regional Backbone Initiative to provide right-of-way access for a 700-mile fiber-optic network throughout Southside Virginia. The $27 million project, financed by tobacco settlement funds, will connect 20 counties and 56 industrial parks across the Southern Virginia. (The Associated Press


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