Intellon Corporation, a leading provider of HomePlug®-compatible integrated circuits (ICs) for home networking, networked entertainment, Ethernet-over-Coax (EoC) and smart grid applications, today announced that its application for funding in response to the U.S. Smart Grid Investment Grant Funding Opportunity Announcement has been selected for award negotiations by the U.S. Department of Energy (DoE). Intellon is the only semiconductor company to have a proposal selected by the DoE under this program. If the award negotiations with the DoE are successful, Intellon will receive $4.9 million of U.S. Recovery Act funding for the project, while contributing an additional $4.9 million in matching funds for a total investment of $9.8 million.
Intellon's proposal provides for the company to modify existing powerline technology to develop a new integrated circuit specifically designed and manufactured to meet the data rate, power, cost and reliability requirements for communications over home powerlines to support the emerging smart grid infrastructure.
The new ICs will communicate across existing electrical wiring in the home (120/240 VAC, or 24 VAC low voltage wiring to thermostats), enabling smart meters, energy usage display monitors, programmable communicating thermostats, smart appliances and other electrically powered equipment to transmit usage data and receive control signals.
For the full press release, please click here.
Friday, January 15, 2010
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