Research by SalesLeads’ experienced industrial market research team, shows 47 new planned Power Generation and Energy industry projects tracked during the 4th quarter of 2019.
Planned industrial project activity within the sector is up 7% 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 - 38 New Projects
Expansion - 0 New Projects
Renovations/Equipment Upgrades - 7 New Projects
Plant Closing - 2 New Projects
Power Generation and Energy - By Project Location(Top 5 States)
Illinois - 4
Florida - 4
Alberta - 3
New York - 3
Washington - 2
Largest Planned Project
During the 4th quarter of 2019, our research team identified 12 new Power Generation and Energy construction projects with an estimated value of $100 million or more.
The largest project is owned by Sunflower Electric Power Corp., who is planning to invest $2 billion for the construction of an 895MW coal-fired power processing plant in HOLCOMB, KS. They are currently seeking approval for the project.
Top 10 Tracked Power Generation and Energy Construction Projects
WYOMING:
Renewable energy company is planning to invest $1 billion for the construction of a 277-turbine wind farm in ALBANY and CARBON COUNTIES, WY. They have recently received approval for the project.
MINNESOTA:
Energy company is planning to invest $700 million for the construction of a natural gas power plant in DULUTH, MN. They are currently seeking approval for the project. Completion is slated for 2025.
GEORGIA:
Energy company is planning to invest $500 million for the construction of a 1,000MW solar farm in SUMTER COUNTY, GA. They are currently seeking approval for the project.
MICHIGAN:
Solar energy company is planning to invest $150 million for the construction of a 149MW solar farm in CALHOUN COUNTY, MI. They have recently received approval for the project. Construction is expected to start in late 2019, with completion slated for Summer 2020.
CALIFORNIA:
Energy company is planning to invest $350 million for the construction of a lithium extraction processing facility in IMPERIAL, CA. Completion is slated for 2023.
TEXAS:
Solar energy company is planning to invest $250 million for the construction of a 273MW solar farm in GOLIAD, TX. They have recently received approval for the project. Construction is expected to start in Summer 2020, with completion slated for late 2021.
ALBERTA:
Solar energy company is planning to invest $200 million for the construction of a 130MW solar farm in CLARESHOLM, AB. Construction is expected to start in late 2019, with completion slated for late September 2020.
CONNECTICUT:
State agency is planning for the construction of an 804MW offshore wind facility at Bridgeport Harbor in BRIDGEPORT, CT. They are currently seeking approval for the project.
ALBERTA:
Energy company is planning to invest $105 million for the construction of a 40MW power and steam cogeneration facility in FOX CREEK, AB.
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: