• Power Generation and Energy Industry News and Planned Industrial Project Reports - Q3 - 2019 Recap

    Posted On Tuesday, October 15, 2019 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 53 new planned Power Generation and Energy industry projects tracked during the 3rd quarter of 2019. 

    Planned industrial project activity remained steady from the previous quarter, and is up 8% YTD from the previous year. 

    The following are selected highlights on Power Generation and Energy Industry Construction construction news.            

    Power Generation and Energy - By Project Scope/Activity

                New Construction - 43 New Projects

                Expansion - 6 New Projects

                Renovations/Equipment Upgrades - 3 New Projects

                Plant Closing - 3 New Projects 

    Power Generation and Energy - By Project Location(Top 5 States)

                California - 5

                Texas - 4

                Vermont - 3

                Michigan - 3

                North Carolina - 3   

      

    Largest Planned Project 

    During the 3rd quarter of 2019, our research team identified 11 new Power Generation and Energy construction projects with an estimated value of $100 million or more. 

    The largest project is owned by Public Service Company of New Mexico, who is planning to invest $5 billion for the construction of a 280MW natural gas fired power plant in Waterflow, NM. They will close their coal fired power plant currently in Waterflow, NM. They are currently seeking approval for the project. 

    Top 10 Tracked Power Generation and Energy Construction Projects

    ARKANSAS:

    Paper products mfr. is planning to invest $2 billion for the construction of a processing facility and a 123MW power plant in ARKADELPHIA, AR. They are currently seeking approval for the project. 

    NORTH DAKOTA:

    Renewable energy company is planning to invest $175 million for the construction of a biomass refinery in SPIRITWOOD, ND. Construction is expected to start in Spring 2020, with completion slated for early 2022. 

    NEW YORK:

    Electric utility company is planning to invest $1 billion for the renovation and equipment upgrades on their of 2,500MW hydroelectric power plant in LEWISTON, NY. Construction is expected to start in late 2019 and will occur in four phases. 

    OHIO:

    Energy company is planning to invest $1.6 billion for the construction of a 1,875MW natural gas-fired power plant in GUERNSEY COUNTY, OH. Watch SalesLeads for updates. 

    SOUTH CAROLINA:

    Solar energy company is planning to invest $149 million for the construction of six solar farms in DARLINGTON COUNTY, SC. They have recently received approval for the project. 

    TEXAS:

    Specialty power company is planning to invest $416 million for the construction of a solar farm in ODESSA, TX. Completion is slated for 2020. 

    WEST VIRGINIA:

    Energy company is planning to invest $1 billion for the construction of a 1,200MW natural gas processing facility in MAIDSVILLE, WV. They are currently seeking approval for the project. Construction is expected to start in late 2020, with completion slated for late 2023. 

    OHIO:

    Energy company is planning to invest $120 million for the construction of waste-to-energy processing plants at multiple sites in OHIO. Watch SalesLeads for updates. 

    ALBERTA:

    Utility company is planning to invest $26 million for the construction of a solar farm in EDMONTON, AB. They are currently seeking approval for the project. 

     

    Since 1959, SalesLeads, based out of Jacksonville, FL has been providing Industrial Project Reports on companies that are planning significant capital investments in their industrial facilities throughout North America. Our professional research team identifies new construction, expansion, relocation, major renovation, equipment upgrades, and plant closing project opportunities so that our clients can focus sales and marketing resources on the target accounts that have an impending need for their products, services, and indirect materials.

    Each month, our team provides hundreds of industrial reports within a variety of industries, including:

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