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S.C., N.C. receive $160M federal award to modernize power grid

Published

30 July 2026

Topic

opportunities

Sectors

Climate Tech

Geography

United States

Source

Read at wrdw.com

Verified

Fusion42 · 30 July 2026 · Fusion42 review

South and North Carolina have received a $160 million federal award to modernize their power grids. The investment is driven by rising electricity demand from new sources like electric vehicles and AI data centers.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ The Wire takeaway

$160m in federal money has just landed to upgrade the Carolinas' grid, specifically for AI and EV load. The utilities in those states are now your customer; they need to buy grid hardware, software and services.

Coverage

1 source · 30 Jul 2026

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Topics

Climate Techfederal-fundinggrid-modernizationenergy-demandcarolinas