December 24, 2025
Downstream value-chains pass on silver inflation in this week’s rally even as the upstream commodity takes a step back. Please see bottom of report for important disclosures Gordon L. Johnson/GLJ Research LLC ————————————————– Polysilicon Futures…
December 23, 2025
GE Vernova announced a major contract award to supply HVDC convertors for Adani Energy Solutions’ Gujarat, India renewable power transmission corridor. GEV ($661.81, BUY) – T&D India wins major India HVDC order (link)GE Vernova’s India…
December 16, 2025
Seoul, SK based Hyosung Heavy Industries announced plans to expand capacity by 50% at its 765 kV power transformer plant in Memphis, TN. GEV ($681.92, BUY) – SK-based OEM announces $157mm investment in Memphis HVDC…
December 3, 2025
Amazon has communicated to local municipalities that it will no longer be the end-user for Arizona data center Project Blue. VRT (SELL, $177.31) – Amazon exits AZ data center (link)Amazon (AMZN, not rated) will no…
November 28, 2025
While we have yet to confirm Primoris’ involvement on the project, Primoris client DESRI received a green light from local regulators to proceed with 200 MW solar + BESS project Coyote Creek in Sacramento County,…
November 26, 2025
Amazon announces an incremental $15bn investment in Northern Indiana, sponsoring another 3 GW of power generation capacity to support 2.4 GW of new data centers. GEV ($572.56, Buy) – AMZN to invest $15bn in Indiana…
November 21, 2025
GOOGL announces $40bn for 3 data centers in TX. Argan begins construction on Basin Ranch. SunZia takes delivery of GEV Onshore Wind turbines. AGX ($353.30, BUY) – Google commit $40bn to Texas (link) Google (GOOGL,…
November 14, 2025
FirstEnergy proposes a 1.2 GW CCGT & 70 MW of utility-scale solar in West Virginia. Blackstone commits $1.2bn to develop 600 MW greenfield CCGT in West Virginia. Schneider Electric brings new Energy Management capacity online…
November 7, 2025
Meta signed 3 solar PPAs totaling 1GW. Major utility signs a landmark MSA with Quanta to pursue $72bn capital plan heavy on HVDC transmission. PRIM ($126.58, BUY) – Meta inks 1GW solar PPAs (link +…
October 30, 2025
GE Vernova secured another 1.2GW of CCGT demand in Indiana. A key customer for Primoris cancels a $300mm BESS facility, possibly over NIMBY opposition. GEV ($575.14, BUY) – GEV inks 1.2GW CCGT in Indiana (link)GE…
October 21, 2025
We spoke with the head of business development at a leading gas power E&C. Pricing trends continue to inflate sequentially with even brownfield work seeing inflation. We also dissect exactly how staffing expansion happened at…
October 17, 2025
Major transmission OEM announces large hiring plans. South Korean gas turbine secures first U.S. order. Major RTO receives FERC approval to consider BTM generation in approving transmission offtakes. PRIM ($138.82, BUY) – Hitachi to hire…
October 8, 2025
Secretary of Energy stresses need for collocated power in media appearance. A Vertiv rival held a launch event reintroducing an expanded liquid cooling suite for AI / HPC applications. Vertiv announces the impending appointment of…
October 3, 2025
Fermi S-11 sets extremely ambitious timeline for gas & nuclear generation deployments, discloses possible PRIM involvement. Xcel Energy has purchased 2GW in gas generation from GEV competitor Siemens Energy to serve load growth in TX,…
September 22, 2025
We initiate coverage on solar & gas generation E&Cs Primoris (PRIM $121.94, BUY) and Argan (AGX $259.58, HOLD) at a time when E&Cs are seeing unprecedented pricing power. The conversation is shifting now from if…