Two joint ventures begin work on $1.5bn expansion at Denver International Airport
The project, part of the transport hub...
Four construction companies have started working on a $1.5bn gateway expansion at Denver International Airport.
The project, part of the transport hub’s wider $3.5bn upgrade programme, will see capacity increase by 30% thanks to the installation of 39 new gates.
A joint venture between Holder Construction and FCI Constructors is managing the installation of 16 gates on the west side of the airport, with Turner Construction and Flatiron Construction overseeing the 23-gate expansion of the east concourses.
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Commenting on the expansion, Denver’s Mayor Michael Hancock said: “The airport has experienced a tremendous increase in passengers, setting yet another record over the past year with more than 61mn passengers.
“This is Colorado’s number one economic engine and we have worked hard to make it stronger by adding 11 new airlines, 13 new international destinations and 28 new domestic destinations since 2011.”
The construction work on the new gates is expected to be complete by 2021.
Denver International Airport CEO Kim Day added: “We will not only increase capacity, but we will add more passenger amenities including food and shopping, charging stations and even outdoor space where you can enjoy Colorado’s beautiful weather and scenery.”
Last year saw the airport welcome a record-breaking 61.4mn passengers, making it the fifth busiest in the US and 20th busiest in the world. It is an important connector airport, with 35% of traffic connecting onto another flight.
The graphic below shows where the new capacity will be added.
Masdar, PT PLN begin work on floating PV solar project
UAE-based renewable energy company Masdar, in partnership with PT PLN, an organisation specialising in electrical power and owned by the Indonesian government, has announced today it has started work on a floating photovoltaic (PV) solar project in West Java. The company says the 145MW plant is the first of its kind in the country. The project, which will be constructed on the Cirata reservoir in West Java, was financed by the Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank.
Developing the project is PT Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), a joint venture between Masdar and PT PLN subsidiary PT PJBI. Bahlil Lahadalia, Minister of Investment for the Republic of Indonesia and chairman of the Indonesia Investment Coordinating Board, said: “This is a flagship project of the UAE’s investment in Indonesia, and most importantly, it is in line with the Indonesian Government’s target to increase renewable energy by 23% by 2025.”
Ladhadalia added: “The Ministry of Investment fully supports the investment realisation of the Cirata Floating Solar Project by PT PJBI and Masdar.” The plant is said to be the largest in south-east Asia, and one of the biggest in the world. Around 800 jobs will be created during its construction phase.
During the project’s development, Masdar has conducted several social initiatives to raise awareness of sustainability and strengthen the engagement of the local community. Talking about the partnership with Masdar, Amir Faisal, president director of PJBI, said: “We see tremendous potential for similar projects in Indonesia and we look forward to continuing our fruitful collaboration with Masdar to work on more renewable energy projects and help our nation achieve its clean energy objectives.
“This floating power project is a first for Indonesia and is also a significant step in PJBI’s renewable energy journey,” he added.
Facts about solar energy
- Solar power is the most abundant energy source on earth: There’s enough solar energy reaching the earth every hour to meet all of humanity’s power needs for a whole year.
- The cost of solar panels has fallen by 99% since 1977: The price per watt for a single solar cell in 1977 was US$77. Today that same cell costs Us$0.21 per watt US$0.39 per watt for an assembled module, according to the Solar Energy Industries Association.
- China is the global leader in solar energy: Whilst solar power is increasing in popularity in the US, China is currently the country with the biggest uptake. Research conducted by GTM in 2017 predicted that the US would install 12.4GW of solar power during that year. China, on the other hand, installed 24.4GW of power in the first half of 2017 alone.