Two businesses receive funds for renewable energy investment
The U.S. Department of Agriculture’s Rural Energy for America Program awarded a total of roughly $1.7 million to two local companies for investment into energy efficiency.
Monster Auto Corp., which does business as AutoSpot Guam, and TeleGuam Holdings, LLC, which does business as GTA were approved for funding from the REAP grant which resulted in awards of $1 million and $795,000 respectively.
Rows of photovoltaic panels at the Mangilao Solar Power Plant. Monster Auto Corp. and TeleGuam Holdings both intend to invest their funds into solar energy. Photo by Skyler Obispo.
According to a statement made by Guam’s Congressional delegate, James Moylan, both companies intend to use the funds by purchasing and installing solar energy systems.
Alongside the awarding of the funds, both companies require a borrower contribution. mbj
Washington, D.C. — James C. Moylan, Guam’s delegate to Congress, updated media Feb. 6 on his recent meetings in Washington focused on air connectivity and Indo-Pacific security.
The Guam Memorial Hospital Authority announced that it is continuing to discuss potential layoffs and other cost saving measures to address the hospital’s precarious financial situation.
The board of directors “unanimously selected” James C. Polk, as present and CEO, according to a Feb. 4 release CHamoru Standard Time as Peter Ho’s retirement was announced, effective March 31.
The Jacobs/B&M JV was awarded Jan. 30 a $249 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract for architect-engineering services “for multi-discipline A-E projects primarily in the Pacific and Indian Ocean areas,” according to a release from the U.S. Department of War.