Complex will develop 20 GW of clean energy projects and produce 1,500 tons per day of green hydrogen and 7,500 TPD of green methanol, sustainable aviation fuel and other derivatives. It’s set to finish in 2027, with a second hub to complete by 2032.
President Biden invokes U.S. Defense Production Act and cites “credible evidence” that the Japanese owner “might take action that threatens to impair national security.”
US Agriculture Dept. expects to announce more awards "in the coming weeks" and has picked six other cooperatives in Colorado, Louisiana, Oregon and Washington-Idaho.
The key trends of 2024 will persist into 2025: Material price stabilization, labor shortages, growth in digital infrastructure and renewable energy construction, with 2-6% average cost escalations.
Construction executives report a boost in industry confidence on ENR’s latest Construction Industry Confidence Index survey. The index rose to a 55 rating this quarter, up from 47 in Q3.