AES Corp., an Arlington
power company, announced plans to construct a $320
million hydroelectric plant
in Panama. The plant will be Panama's largest producer
of electricity after its scheduled completion in 2010.
AES signed a 10-year power purchase agreement with
Panama's largest utility, Union Penosa SA. (Business
Wire)
BearingPointInc.,
a technology company,
will team with Google Inc. of Mountain View, Calif.,
in a venture to allow corporate and government clients
to search internal databases hidden from Internet search
engines, in a manner similar to Google's Web search
service. (Cnet)
United Airlines, paid $4.3 million to now-defunct,
Dulles-based Independence Air for the
35 gates in Washington Dulles International Airport.
The gates will be used to service short commuter flights. (The
Washington Post)
The University of Virginia's Department of
Biomedical Engineering received $2.9 million over five
years from the Wallace H. Coulter Foundation to support
its faculty and research. The grant will also allow
coordination among the university's health system,
engineering school, Darden Business School and Patent
Foundation to bring lifesaving technology to the marketplace. (PR
Newswire)
Virginia Tech's College
of Agriculture and Life Sciences is among a consortium of wheat breeders
and scientists who received a $5 million grant from
the U.S. Department of Agriculture to use modern
breeding technologies to produce higher quality,
disease-resistant wheat. (PR Newswire)
