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U.S. Energy Dept. did not detail why it withdrew its conditional loan to Texas-based Microvast made last year for a $500M plant in Kentucky, but the firm's founder disputes Congressional allegations of alleged ties to the Chinese government voiced in letters to the agency since last year.
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.
TIC, Sargent & Lundy, Mitsubishi lead team picked to build $1.2B hydrogen-capable Texas power plant, as U.S. Energy Dept. aims first half of infrastructure law funds to expand fuel's use and refine technology gaps some market observers see.
Report says US sector hit big development milestones last year, including project movements and three federal lease auctions that added 11.4 GW in capacity, with another set in the Gulf of Mexico, but advocacy group says this still likely won't meet Biden call for 30 GW of power deployed by 2030.
But even with emerging cost risks, New York's latest wind procurement that seeks up to 4.6 GW attracted a record 100 proposals from six wind developers, including one that awarded Skanska USA on Feb. 7 a CM contract for a planned $250M assembly hub at a Brooklyn marine terminal.
Dec. 6 federal auction is set for first California ocean areas totaling 373,268 acres with more than 40 bidders set to participate, as first of several new U.S. project development guidelines are issued.
The U.S. Defense Dept. awarded a $120-million contract to a domestic unit of Australia-based Lynas Rare Earths Ltd. to build America's first heavy rare earth processing plant.
Bechtel, Webuild, Strabag and Dragados are among bidders for the $1.3B, 1.5-GW Coire Glas project in Scotland, but project revenue uncertainties remain.