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The Associated Press June 17, 2010, 11:34AM ET

Companies picked for Japan-NM smart grid projects

Toshiba and Kyocera are among 19 companies that have been chosen to work on smart grid demonstration projects in New Mexico.

The companies were selected Wednesday by the Japanese New Energy and Industrial Technology Development Organization. They will collaborate with the state of New Mexico, Los Alamos and Sandia national laboratories, Los Alamos County and others.

Gov. Bill Richardson says the smart grid projects will change the way power is managed and put New Mexico at the forefront of the world's energy future.

The governor's office says NEDO will be investing $30 million over four years on micro-grid and smart house demonstration projects.

The projects involve demonstrations in Los Alamos and in commercial areas of Albuquerque.

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