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  • Posted On Monday, January 10, 2022 by Evan Lamolinara

    Power2021

    SalesLeads announced today the Q4 2021 results for the new planned capital project spending report for the Power Generation industry. The Firm tracks North American planned industrial capital project activity including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 36 new projects in the Energy sector.

    Planned industrial project activity within the sector decreased by 42% from the previous quarter, and is down 30% 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 - 35 New Projects

                Expansion - 0 New Projects

                Renovations/Equipment Upgrades - 1 New Project

                Plant Closing - 0 New Projects

     

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

                New York - 3

                California - 3

                Michigan - 2

                Indiana - 2

                Maine - 2

               

    Largest Planned Project

    During the 4th quarter of 2021, our research team identified 8 new Power Generation and Energy construction projects with an estimated value of $100 million or more.

    The largest project is owned by Hecate Energy, who is planning to invest $1 billion for the construction of a solar farm on a 7,000 acres site in JACK COUNTY, TX. They are currently seeking approval for the project. Construction is expected to start in 2023, with completion slated for early 2025.

     

    Top 10 Tracked Power Generation and Energy Construction Projects

    BRITISH COLUMBIA:

    Transportation and logistics company is planning to invest $250 million for the renovation and equipment upgrades on a recently acquired 40 MW biomass power plant in FORT ST. JAMES, BC.

    PENNSYLVANIA:

    Energy company is planning to invest $200 million for the construction of a wind farm on a 5,900 acre site in CLEARFIELD COUNTY and CAMBRIA COUNTY, PA. Construction is expected to start in early 2022, with completion slated for early 2023.

    IOWA:

    Energy company is planning for the construction of a solar farm in LYNN COUNTY, IA. They are currently seeking approval for the project.

    KANSAS:

    Renewable energy company is considering the construction of a wind farm in the HARVEY COUNTY, KS area. Watch SalesLeads for updates.

    UTAH:

    Electric utility service provider is planning for the construction of a combined-cycle gas power plant in DELTA, UT. Construction is expected to start in 2022, with completion slated for 2026.

    SOUTH CAROLINA:

    Renewable energy company is planning to invest $15 million for the construction of a solar farm on a 60 acre site in RICHLAND COUNTY, SC. They are currently seeking approval for the project. Construction is expected to start in Summer 2022.

    CALIFORNIA:

    Energy company is planning for the construction of a 55,000 sf 80MW ion-lithium battery plant at 18358 Soledad Canyon Rd. in SANTA CLARITA, CA. They have recently received approval for the project.

    NEW YORK:

    Energy company is planning to invest $10 million for the construction of an 80MW solar farm in WATERLOO, NY. They are currently seeking approval for the project.

     ARIZONA:

    Utility company is planning for the construction of a solar farm on a 4,000 acre site in PAGE, AZ. They are currently seeking approval for the project.

    KENTUCKY:

    Renewable energy company is planning for the construction of a 60MW solar farm on a 615 acre site in MCCRACKEN COUNTY, KY. They are currently seeking approval for the project.

     

    About SalesLeads, Inc.

    Since 1959, SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. 

    Each month, our team delivers hundreds of industrial capital project intelligence reports within a variety of industries, including:

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