Production & Industry news

• DOE Identifies 10 Preliminary National Transmission Corridors

  10-05-2024 08:55 via industrialinfo.com
  
  May 10, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas) --The Biden administration took another step to accelerate the development of high voltage electric transmission projects May 8 when it released a preliminary list of 10 potential National Interest Electric Transmission Corridors (NIETCs). Inclusion of a corridor on the list does not guarantee its final selection or its eligibility for federal funding. The public can comment on a preliminary NIETC for 45 days, u
  
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• Canadian Solar's Outlook Upbeat, Despite Tough Market, Prices

  10-05-2024 08:55 via industrialinfo.com
  
  May 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As Canadian Solar Incorporated (NASDAQ:CSIQ) (Guelph, Ontario) prepares to benefit from a major outside investment, the company is reckoning with a low-price environment and stiff competition for the solar-components market from China. Industrial Info is tracking more than $10 billion worth of active and planned projects from Canadian Solar worldwide, including about $3.6 billion worth in the U.S. that has a medium-to-hig
  
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• Brazil's Heavy Rains and Floods: Infrastructure Impact Roundup

  10-05-2024 08:50 via industrialinfo.com
  
  May 10, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Heavy rains and floods in Brazil's Rio Grande do Sul have killed more than 100 people and have left more than 150,000 others homeless, according to news sources. About 1.4 million people have been left without electricity as several power plants have shut down due to the floods.Industrial Info continues to monitor plants and facilities across Rio Grande do Sul, including those that have been shut down or cur
  
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• Albemarle Signs Offtake Agreement for Proposed U.S. Lithium Mine Restart

  10-05-2024 08:50 via industrialinfo.com
  
  May 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Albemarle Corporation (NYSE:ALB) (Charlotte, North Carolina) said Wednesday it signed an agreement to "make beneficial use of extracted limestone material" from the company's proposed Kings Mountain Mine restart project in North Carolina. Industrial Info is tracking $7.5 billion worth of active and planned projects from Albemarle, $2.4 billion of which is in the U.S.
  
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• Utility ComEd Introduces New Electric Work Vehicles

  10-05-2024 08:45 via industrialinfo.com
  
  May 10, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Midwest utility company Commonwealth Edison (ComEd) (Chicago, Illinois) said it was adding all-electric bucket trucks to its fleet, part of an ongoing effort to electrify half of its work vehicles.
  
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• Rail Deliveries Follow Canadian Oil Production Trends

  10-05-2024 08:45 via industrialinfo.com
  
  May 10, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Crude oil exports by rail are up more than 50% over the last six months, the Canadian government said as new pipeline capacity opens for foreign deliveries from the nation's west coast.The Canada Energy Regulator said crude oil production in Alberta hit a record high in December at 4.53 million barrels per day (BBL/d). That, in turn, has strained existing pipeline capacity in the nation.
  
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• Georgia Sees $36.8 Billion in Current Industrial Project Construction

  10-05-2024 08:45 via industrialinfo.com
  
  May 10, 2024-- Researched by Industrial Info Resources (Sugar Land, Texas)--Now that units 3 and 4 of the Vogtle nuclear power plant in Waynesboro, Georgia, have been completed, a $30 billion-plus project that lasted a number of years, taking stock of Georgia's existing industrial construction can provide much more insight into the state's project activity. With several high-dollar projects underway in Georgia, Industrial Info is tracking more than $36.8 billion in current industrial project con
  
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• EPA Lawsuits, Citgo, Canadian Oil Sands Production: Your Daily Energy News

  10-05-2024 08:35 via industrialinfo.com
  
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.
  
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• BYD Picks Indonesia for New Electric Vehicle Plant

  10-05-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--May 10, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Chinese car major BYD (Xi'An, China) is to invest US$1.3 billion to build a new electric vehicle (EV) manufacturing plant in Indonesia.
  Within this article: Details BYD's latest EV plant investment, timeline, capacity, related projects and Indonesian EV market
  
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• Namibia Receives World Bank Funding for Renewable Power Buildout

  10-05-2024 07:51 via industrialinfo.com
  
  NEW DELHI--May 10, 2024-- Researched by Industrial Info Resources (Sugar Land, Texas)--In a bid to bolster Namibia's renewable energy infrastructure, the World Bank has sanctioned a US$138.5 million financing package. The initiative aims to fortify the nation's transmission network, facilitating the integration of additional renewable energy projects into the grid.Industrial Info is tracking 12 renewable energy projects, worth nearly US$3 billion, in Namibia.
  
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• France Accelerates Offshore Wind Targets

  10-05-2024 07:35 via industrialinfo.com
  
  NEW DELHI--May 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--France's Ministry of Energy unveiled plans for 2.5 gigawatts (GW) of offshore wind tenders, which are set to be awarded by October 2025. Additionally, the ministry is considering 10 GW of offshore and floating wind-power tenders by September this year.
  
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• Lluvias intensas e inundaciones en Brasil: resumen del impacto en la infraestructura

  10-05-2024 07:29 via industrialinfo.com
  
  10 de mayo, 2024--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--Las fuertes lluvias e inundaciones en Río Grande do Sul en Brasil han dejado sin hogar a más de 150.000 habitantes y han causado la muerte de más de 100 personas, según múltiples medios. Además, alrededor de 1,4 millones de personas se han quedado sin electricidad debido al cierre de varias centrales eléctricas debido a las inundaciones.
  
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• China Offshore Bitumen Company Limited to Spend $77.7 Million on Refining Projects

  10-05-2024 07:06 via industrialinfo.com
  
  KOFU, JAPAN--May 10, 2024--Researched by Industrial Info Resources (Sugar Land, Texas--China Offshore Bitumen Company Limited is a refining company belonging to China National Offshore Oil Corporation (CNOOC) that is located in Shandong Province in east China. China Offshore will spend US$77.7 million on 10 refining projects in China such as unit additions, upgrades and maintenance.
  
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