Prysmian, a provider of cable manufacturing, is investing over $1 billion and adding 385 jobs in an expansion of its facility in Catawba County, Governor Josh Stein announced today. Prysmian, headquartered in Milan, Italy, operates in over 50 countries and specializes in cabling solutions. Its North American headquarters are located near Cincinnati in Highlands Heights, Kentucky.
German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in U.S. waters and to direct the funds to LNG and natural gas power plant projects.The arrangement is the fifth, and largest, the administration has entered into this year as part of its wide-ranging effort to stop development of U.S.
Duke Energy will terminate its offshore wind lease in the Carolina Long Bay area under a settlement agreement with the U.S. Interior Department and reinvest nearly $129 million in additional power generation capacity in the Carolinas, the department said on Monday.(Reuters)
Global charity Lloyd’s Register Foundation has just announced a new USD$674,000 (£500,000) project to tackle inconsistent worker safety and corporate accountability standards.C4Safe, led by Lancaster University, will create the first corporate‑focused reporting and accountability toolkit designed specifically for ocean‑related sectors.