University of Texas at San Antonio President Ricardo Romo said research grant is "biggest, most exciting thing" in school history (Courtesy: UTSA website)
University of Texas at San Antonio President Ricardo Romo said research grant is "biggest, most exciting thing" in school history (Courtesy: UTSA website)
Updated: Friday, 04 Jun 2010, 12:26 PM CDT
Published : Friday, 04 Jun 2010, 12:20 PM CDT
SAN ANTONIO (AP) - The University of Texas at San Antonio is about to get $50 million for sustainable energy research.
Power provider CPS Energy has committed to give the school the money over a 10-year period to support a new energy research institute. The $50 million is the largest commitment of outside money the university has ever received.
San Antonio Mayor Julian Castro said the deal will give ratepayers a more efficient utility while boosting the university's research profile and helping with economic development.
UTSA President Ricardo Romo said the research agreement may be "the biggest, most exciting thing" that's happened in the school's history.