• Posted On Monday, April 13, 2020 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 65 new planned Power Generation and Energy industry projects tracked during the 1st quarter of 2020. 

    Planned industrial project activity within the sector is up 43% 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 - 63 New Projects

                Expansion - 2 New Projects

                Renovations/Equipment Upgrades - 3 New Projects

                Plant Closing - 1 New Project

     

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

                California - 4

                New Mexico - 4

                British Columbia - 4

                Washington - 3

                Ohio -3           

     

    Largest Planned Project 

    During the 1st quarter of 2020, our research team identified 9 new Power Generation and Energy construction projects with an estimated value of $100 million or more. 

    The largest project is owned by Nacero, who is planning to invest $3 billion for the construction of a processing facility on Maricopa-Casa Grande Hwy. in CASA GRANDE, AZ. Construction is expected to start in 2021, with completion slated for 2025. They are also planning for the construction of a solar farm at the same location.

      

    Top 10 Tracked Power Generation and Energy Construction Projects 

    SOUTH CAROLINA:

    Energy company is planning to invest $1 billion for the construction of a gas-fired power plant in FAIRFIELD COUNTY, SC. They are currently seeking approval for the project. Completion is slated for late 2023.

     

    CALIFORNIA:

    Power and lithium resource supplier is investing $1.3 billion for the construction of a 280MW geothermal energy plant and mining operation on the Salton Sea in CALIPATRIA, CA. They expect to be operational in 2023.

     

    ALBERTA:

    Energy company is planning for the construction of a 360MW natural gas-fired power plant in GREENVIEW, AB. They are currently seeking approval for the project. Construction is expected to start in May 2020, with completion slated for October 2022.

     

    MISSOURI:

    Real estate investment firm is planning to invest $150 million for the construction of a biofuels processing facility in INDEPENDENCE, MO. They are currently seeking approval for the project.

     

    NEW MEXICO:

    Electric utility service provider is planning to invest $200 million for the construction of a 200MW solar processing farm in PREWITT, NM.

     

    SOUTH DAKOTA:

    Solar energy company is planning to invest $115 million for the construction of a 110MW solar processing farm on a 810 acre site in OGLALA LAKOTA COUNTY, SD. They have recently received approval for the project.

     

    VIRGINIA:

    Electric utility company is planning to invest $330 million for the construction of a 120MW solar processing farm in ARLINGTON COUNTY, VA. They have recently received approval for the project. Completion is slated for 2022.

     

    NEW YORK:

    Healthcare service provider is planning to invest $90 million for the construction of a central utility plant on their campus in OCEANSIDE, NY. They have recently received approval for the project.

     

    MISSISSIPPI:

    Electric utility company is planning to invest $57 million for the construction of a power plant in CANTON, MS. Construction is expected to start in December 2020, with completion slated for December 2021. 

     

    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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