Menu
World Outlook Publish Learn

Construction

WHAT'S NEXT?: 65 per cent of global construction growth for the next decade will happen in emerging markets. Smart cities, sustainable construction, greater urbanization and pre-fabricated buildings will all play their part in future construction growth.

  • [New] While the Bureau of Ocean Energy Management is moving quickly to site and lease offshore wind, consider China's announcement in March that it plans to build 450 gigawatts of solar and wind capacity - compared with President Joe Biden's pledge to build 30 GW of offshore wind power by 2030. Politico
  • [New] Samsung employs about 20,000 people in the United States and work is under way to build a new semiconductor plant in Texas, scheduled to open in 2024. Digital Journal
  • [New] Electric vehicles (EVs) are good for climate, jobs and businesses, highlighting Hyundai's announcement that the automotive manufacturer will spend more than $5 billion to build an EV plant near Savannah, Georgia. The Hill
  • [New] GENEVA-Gogo Business Aviation plans to launch a global broadband service for business aviation connecting to the new low-Earth-orbit (LEO) satellite constellation under construction by OneWeb. Aviation Week
  • [New] The Hyundai plant will be the second electric vehicle factory in Georgia: electric truck maker Rivian announced in December that it will invest $5 billion to build its second US assembly plant there. Tech Xplore
  • [New] The Commission wants to double the deployment rate of heat pumps in buildings, and will ramp up renewable hydrogen to decarbonise Europe's hard-to-abate sectors, including with more dedicated EU funding for electrolyser manufacturing. Energy Global
  • [New] Apple chip supplier TSMC is exploring the potential of building a new factory in Singapore to help address the global chip shortage. MacRumors.com
  • [New] The U.S. Air Force will need more funding to keep the two Air Force One presidential jets flying at least two to three years longer than planned due to Boeing's stumbles in building two new replacements. Defense One
  • [New] Kia has announced that it is building a new factory that will produce a whole host of different electric commercial vehicles, with plans for it to become a global leader in sustainable mobility solutions and a PBV (Purpose Built Vehicles) leader by 2030. Top Gear
  • [New] Houston-based Industrial Service Solutions (ISS) announced Thursday it is seeking bids from U.S. shipyards to build up to four hulls for what will become North America's first fully-electric towboats. MarineLink
  • [New] Last year, Biden signed a new security agreement, the Australia-United Kingdom-United States Partnership, under which nuclear submarines sold by the U.S. and the United Kingdom to Australia will sail in the Pacific from a new base that Australia plans to build on its eastern coast. Yahoo News
  • [New] Four European countries are set to sign a pledge to build at least 150 gigawatts (GW) of offshore wind capacity in the North Sea by 2050. Energy Connects
  • [New] France's TotalEnergies and Houston-based New Hope Energy have entered into a commercial agreement under which New Hope Energy will build an advanced recycling plant in Texas to transform end-of-life plastic waste into a recycled feedstock. Plastics Technology
  • [New] ESBJERG PORT, Denmark - Germany, Belgium, the Netherlands, and Denmark on Wednesday pledged to build at least 150 gigawatts (GW) of offshore wind capacity in the North Sea by 2050 to create a green power plant for Europe. FuelCellsWorks
  • [New] Energy storage is a key part of China's plan to build a larger and more flexible grid as it tries to peak carbon emissions before 2030 and zero them out before 2060. Energy Connects
  • [New] In a virtuous cycle, greater investment and partnerships from the U.S. government will crowd in more private fusion investment and will attract more foreign companies to build and operate in the United States. Restoring America
  • [New] More than 4 gigatonnes of carbon dioxide emissions could be avoided in the next eight years through building solar panels and wind farms, even without a tax on carbon emissions. Eco-business
  • [New] For example by fitting all new buildings with solar panels, or, as the Netherlands announced last week, a mandate that all central heating refits will replace old gas boilers with heat pumps. Politico
  • [New] The development - which could be the first newly constructed plant of its kind in the UK in more than 40 years - will provide critical storage capacity to strengthen the UK's energy security and enable net zero. Drax UK
  • [New] The new power station could be operational as soon as 2030 with construction work getting underway in 2024, removing around 2 million tonnes of rock from inside Ben Cruachan and creating hundreds of jobs across Scotland. Drax UK
  • If Google wants third-party developers to build for any kind of AR platform, it will need to convince them that it will continue to offer support. Dice Insights
  • The EU can reduce gas demand and end Russian gas imports by 2025 through clean energy solutions - without building new gas import infrastructure, committing to expensive long-term gas contracts or extending coal power. Global Witness

Last updated: 25 May 2022


Login