Complex, set to finish in 2027, 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.
Estimated $137-billion hydroelectric project, which would be three times larger than China's Three Gorges Dam, has raised serious concerns on seismic risk and flooding from environmentalists and neighboring countries.
Officials continue to prioritize fighting the ongoing wildfires that have already consumed 40,600 acres in the region, but are already strategizing on how to undertake the gargantuan cleanup effort.
Firm's last global business is set for sale by mid-year to U.S.-based Atlas Holdings in a $70M deal under which it would rebrand to Bovis, a name Lendlease dropped in 2011
Wildfires in Los Angeles have already destroyed thousands of structures, but the full extent of the damage will not be known for some time, say local officials.
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.”