Duke, Siemens giving $8.8M to EPIC
Duke Energy Corp. and Siemens Energy today said they are giving $8.8 million to the Energy Production and Infrastructure Center at the University of North Carolina at Charlotte.
Duke and Siemens, both based in Charlotte, will provide about $4.5 million and $4.3 million, respectively, over several years to the center.
The companies said the money will go toward engineering scholarships, research in smart grid and precision manufacturing, providing access to large-scale manufacturing equipment and recruiting of power engineering faculty.
The $76 million center is under construction, with completion scheduled for January 2012.
A press release from UNCC says EPIC will train engineers and perform research, helping Charlotte’s energy capital efforts.