Firms' global revenue hits new peak of $138.9 billion with elevated environmental priorities, more funding and continued sector consolidation, but key risks still hover.
U.S.
based giant First Solar also said it will spend $1.1 billion to build its
fifth domestic component factory in Louisiana, as India and China-based manufacturers plan new American capacity boosts
Fixed price award for Brownsville, Texas gas export plant first phase follows developer NextDecade's final investment decision and what it says is a record $18.4B financing for three-train facility to produce 17.6M tons annually.
Lithium-ion battery developer KORE Power Inc. to supplement cost of $1.25-billion advanced EV battery manufacturing plant underway in Buckeye, Ariz., with $850-million conditional U.S. Energy Dept. loan.
The U.S. Dept. of Energy will invest more than $231 million to accelerate
carbon management at large-scale U.S. geologic storage areas and support new grid resilience and energy storage projects and research for nine states
and three Tribes.
Energy contractor Petrofac, with new CEO Tareq Kawash, will execute contract to expand the large Habshan gas processing complex in Abu Dhabi, one year after its suspension ended in UAE, Iraq and Saudi Arabia related to bribery incidents by former executives.
Coolidge gas power plant project, delayed one year by community legal action over air pollution impacts, now is set to double in capacity after a new settlement—but that is a decrease from the originally proposed 820-MW expansion that a Kiewit Corp. unit was hired to build.
New Jersey AG says firm Solvay would fund remediation at and around its 243-acre plant, where industrial plastics, coatings and other products were made for more than 30 years
Former MTA Capital Construction chief navigated challenges both technical and political to guide completion of billions of dollars in projects to keep millions of city residents and visitors moving.