From New Mexico Business Weekly comes news of the signing of cooperative agreements and more between the State of New Mexico, research laboratories located in New Mexico, private companies and the nation of Japan:

Japan’s New Energy and Industrial Technology Development Organization signed five agreements on Friday in Los Alamos with state officials and representatives from the two national laboratories, Los Alamos County, the Public Service Co. of New Mexico, and the Mesa del Sol master-planned community in south-central Albuquerque.

The agreements call for investment of 30 million dollars from Japan while the other partners will provide technology and implementation of various processes to help develop and expand smart-grid technology.  Such technology is essential to the proper utilization of renewable energy distribution and efficiency.

The current information on the agreements can be seen by clicking here.

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