epc

Negotiating contracts is a process that requires preparation and communication, as all parties work toward a mutually beneficial relationship. It’s particularly true for electric utilities, groups with multiple stakeholders in their projects. That includes the utilities themselves, their shareholders or other investors, and of course their customers.

What’s driving a fundamental shift in engineering, procurement, and construction (EPC) contracting? Equipment lead times. Workforce shortages. Data center timelines. POWER examines how the traditional EPC

Traditional owner-EPC relationships relied on sequenced approvals and risk allocation tied to project maturity. Today’s interdependent infrastructure, including for the grid, generation, storage, and

It’s no secret the solar industry has been stockpiling components such as panels and racking since before the Inflation Reduction Act. Under threat of a shortened runway to qualify for credits recently made reality with the passage of the reconciliation bill, the trend has very definitely accelerated.

Power and energy construction projects face unique challenges that make effective risk allocation critical to their success. A well-crafted contract serves as the foundation for managing these risks, helping

A California-based renewable energy company announced has several milestones, including that it has surpassed 20 GW of installed and awarded utility-scale solar and energy storage projects in America. SOLV Energy, headquartered in San Diego, also said it plans to bring about 4 GW of generation capacity online this year, and has another 3 GW of […]

The Morrow Repower Project, winner of POWER’s 2024 Reinvention Award, exemplified a strategic coal-to-gas conversion at a brownfield site that masterfully combined cutting-edge advanced technology with a

Engineering, procurement, and construction (EPC) contracts are agreements in which a contractor is given major project responsibilities under a single contract established with an owner or developer. A

The Edra Melaka Power Plant (EMPP), the world’s second GE 9HA.02 gas turbine power plant, is the largest combined cycle gas-fired power plant currently in operation in Malaysia. A POWER Top Plant winner, the

Westinghouse Electric Co., Bechtel, and state-owned Polish entity Polskie Elektrownie Jądrowe (PEJ) will work together to kick off design activity for Poland’s inaugural AP1000 nuclear power plant later this year and potentially ink a construction contract in 2025 in a bid to meet Poland’s goal to begin nuclear power generation in 2033. The companies announced […]