In our latest roundup, Southern California wildfires impact supply chain, higher material prices threaten future project demand, commercial real estate distress strains regional banks, and more! Supply chain impacts from the Southern California wildfires have been minimal, however, challenges could come later once people begin to rebuild infrastructure and homes.…
In our latest roundup, construction technology funding stabilizes, office vacancies hit new high, builders outline recommendations to Trump, and more! Following a 44% downturn in construction technology investment in 2023, the contech funding ecosystem seems to have stabilized last year (Matthew Thibault, Construction Dive) The Federal Trade Commission and the…
Last week, on one of his final days in office, President Biden signed an executive order aimed at boosting the development of energy facilities and data centers for artificial intelligence (AI) technology. Executive Order 14141 directs the secretaries of Defense, Energy and the Interior to lease sites on federal land…
Critical materials—the collective term for metals and minerals essential for all kinds of advanced technology and clean energy—are vital to the growth of artificial intelligence (AI), which has become pervasive in everyday life. AI hardware relies on familiar elements like aluminum, silicon and copper, and unfamiliar elements like gallium, germanium,…
In the newest episode of Resilience, Pillsbury’s Shellka Arora-Cox and guest Adam Hise, Managing Director of Storage Risk Solutions for Ascend Analytics, dive deep into the evolving world of battery storage, market volatility, and how companies are navigating risk in a dynamic energy landscape. (Editor’s note: The following transcript has been…
In a potential blow to the fledging EV transition, reports have noted that the Trump transition team is planning to terminate the $7,500 consumer EV credit, an action publicly supported by Elon Musk. The future of the EV market, however, also depends on the fate of the Clean Air Act…
In our latest roundup, infrastructure-related ballot initiatives, U.S. Green Building Council’s success stories, support for sustainable building, and more! 2024 is expected to see the highest rate of office conversions since CBRE began tracking them in 2016. (Nish Amarnath, SmartCities Dive) The Federal Housing Finance Agency has established lending caps…
Subcontractor Default Insurance (SDI) is marketed as a substitute for a subcontractor performance bond, providing coverage for a prime contractor’s losses due to a subcontractor’s failure to perform on a project. In a recent article for the American Bar Association, colleagues Michael S. McNamara and Lexie R. Pereira dispel a common misconception…
In the latest episode of the Resilience podcast, colleague Shellka Arora-Cox and Laura Pagliarulo, CEO and founder of SolaREIT, get down to the nitty-gritty in a discussion of the interplay of solar power capacity, generation and land use. (Editor’s note: The following transcript has been edited for clarity.) Welcome to Resilience, the vodcast…
On October 3, 2024, the Department of Energy Office of Clean Energy Demonstrations announced a Notice of Funding Opportunity (NOFO) to fund up to $400 million for clean energy projects in rural and remote areas via its Energy Improvements in Rural or Remote Areas program. The NOFO will provide awards…