Inflation, rising interest rates and a skilled labor shortage continue as negative economic factors heading into the second quarter, said Anirban Basu, chief economist at the Associated Builders and Contractors.
New Maryland Gov. Wes Moore touts boost to 8.5 GW in state deployment goal, as developing US clean energy sector aims to move queued projects past permitting, financial, labor and supply chain hurdles.
Pact details not disclosed in dispute over GE Haliade-X offshore wind turbine design, leaving unclear the status of a court-mandated ban on U.S. sales.
Cause of sudden death was not disclosed of exec who led the $17B Hanford nuclear waste vitrification plant project, but Bechtel has named company veteran Brian Hartman as new project director.
As compensation for labor and staff continues to rise, executives are keeping pace and garnering some of the biggest pay increases seen in the C-suite in over 15 years.
Recession fears continue to loom as the first quarter comes to a close. Inflation remains an ongoing issue, while recent failures in the banking sector pose additional threats.