The global architectural engineering and construction solutions (AECS) market is projected to experience significant growth, reaching an estimated value of USD 9.65 billion by 2028, according to a recent market research report by Technavio. This translates to a compound annual growth rate (CAGR) of nearly 13.77% during the forecast period. Technavio’s report, titled “Global Architectural Engineering and Construction Solutions Market 2024-2028,” offers a comprehensive analysis of the market landscape, including key drivers, challenges, and growth opportunities. Factors Fueling Market Expansion Several trends are propelling the AECS market forward: Challenges on the Horizon Despite the positive outlook, the AECS market also faces certain hurdles: Taking these factors into account, the AECS market is expected to witness robust growth in the coming years, fueled by the increasing demand for efficient, sustainable, and technologically advanced construction projects. Download a sample copy of Technavio’s report for a deeper dive into the specific drivers and challenges shaping the market landscape.
Ciel & Terre, a global leader in floating solar solutions, announces significant progress on the Ilots Blandin project – Europe’s largest floating solar power plant currently under construction. Located in Haute-Marne, France, the Ilots Blandin project is a testament to Ciel & Terre’s expertise and commitment to advancing renewable energy solutions. Initiated by Q ENERGY in 2019, the project will boast a combined capacity of 74.3 MWp – 72.3 MWp floating and 2 MWp ground-mounted (built by Perpetum Energy). Spread across a 127-hectare former gravel pit, the Ilots Blandin project cleverly utilizes a previously exploited site. This innovative approach optimizes land usage while maximizing solar energy production. Ciel & Terre acts as a single point of contact for developers and EPCs (Engineering, Procurement, and Construction) companies, offering a comprehensive solution encompassing: For Ilots Blandin, Ciel & Terre has successfully completed the anchoring process using a hybrid bank and bottom anchor solution, ensuring optimal stability for the floating structure. Ciel & Terre’s efficient project management strategies are evident in their rapid progress. To meet tight deadlines, they: Vincent Pinchou, Ciel & Terre EMEA Project Manager, highlights a key benefit of standardization: “In terms of design, we have an electrical configuration of…
Renewable energy consultancy OWC and Bridge Wind Management, a leader in renewable energy project management, have announced a strategic alliance to collaborate on offshore wind asset and operational management. This partnership aims to empower more informed decision-making for UK investors in the offshore wind sector. “We have been collaborating with Bridge to drive maximum value out of offshore wind and other offshore renewable technologies. says John MacAskill, Global Managing Director for Renewables, ABL Group. “As offshore wind reaches a new level of maturity, we wish to provide even more comprehensive support to the investment landscape together with Bridge’s specialist financial and commercial expertise.” OWC boasts a global reputation as a renewable energy consultancy, specialising in services like technical due diligence, owner’s engineering, technical studies, and independent engineering. This expertise supports the grid-scale development of onshore and offshore renewable energy technologies. Bridge Wind Management brings over 30 years of experience in renewable energy management. The firm has a proven track record serving some of the world’s largest investors, owners, and operators within the global renewable energy infrastructure sector. “We see this collaboration with OWC as an opportunity to leverage our respective areas of expertise and client bases, to maximise value from…
Triunity, A Lochner Company, has been selected by Denver’s Regional Transportation District (RTD) for the Project Management Support Consultant contract, overseeing design, construction, repair, renovation, and replacement projects for transit infrastructure throughout the Denver Metro area. Triunity will serve as an extension of RTD’s staff supporting various upcoming projects, including the $152 million, multi-phased project to reconstruct the 30-year-old light-rail track in downtown Denver. The first of its kind in the agency’s history, the project will enhance safety and mobility, address deteriorating transit infrastructure, and prolong the design life of key transportation assets. The first phase, which begins construction in June of 2024, will concentrate on five at-grade street-running track segments at intersections in the Downtown Loop, including removing and reconstructing all aging rail infrastructure, ties, and ballast. Subsequent phases plan to employ alternative delivery approaches to increase collaboration and enhance project delivery timelines. “Triunity is proud to continue our partnership with RTD, supporting their ongoing mission of making lives better through connections. We look forward to working with the agency and other stakeholders to elevate the city’s infrastructure and reinforce RTD’s unwavering commitment to the community,” stated Jonnie Thomas, PE, Lochner Board Director and Transit & Rail Principal. Triunity…
Datumate, a leader in construction data analytics and drone-based photogrammetry, has unveiled groundbreaking enhancements to its DatuBIM platform: DatuBIM Annotations and the Cross-Section Progress Report (CSPR). These innovations promise to significantly improve construction project management through advanced monitoring, analysis, and collaboration functionalities. Civil engineering projects require exceptional efficiency, precision, and collaboration. Recognizing this growing need, Datumate has introduced DatuBIM Annotations, a feature designed to streamline issue reporting and tracking. This advancement marks a critical step forward in managing infrastructure projects, from conception to completion. DatuBIM Annotations: Streamlining Issue Management Traditional issue tracking methods in civil engineering projects often lead to miscommunication, delays, and cost increases. DatuBIM Annotations address these concerns head-on, providing a robust solution for simplified reporting and enhanced collaboration between stakeholders. Real-World Impact The benefits of DatuBIM Annotations extend beyond features. A recent highway expansion project successfully utilized DatuBIM Annotations to identify, report, and resolve critical issues efficiently. This not only prevented delays but ensured adherence to safety protocols, demonstrating the transformative potential of DatuBIM Annotations in boosting project efficiency and excellence. CSPR: Automating Workflow Efficiency Datumate is also excited to announce the launch of the Cross-Section Progress Report (CSPR) within DatuBIM. This innovative feature automates the creation…
Air Liquide and Dunkerque LNG have received a significant boost for their carbon capture and storage project, D’Artagnan. The European Commission has pledged over €160 million in funding as part of the Connecting Europe Facility for Energy (CEF-E) program. D’Artagnan is a key element of the wider “Cap Décarbonation” initiative, aiming to slash CO2 emissions by 1.5 million tonnes annually in the Dunkirk industrial basin. The project involves: This new terminal, jointly operated by Air Liquide and Dunkerque LNG, will liquefy CO2 for shipment to permanent North Sea storage sites. The design allows other regional industries to join the project, with a potential future capacity of up to 4 million tonnes per year – equivalent to over 5% of French industrial greenhouse gas emissions. Emilie Mouren-Renouard, member of Air Liquide’s Executive Committee and Chief Executive Officer of the Europe Industries Hub, said: “Today is the first time that a CO2 infrastructure project in France receives support from the European Union. Together with our partner Dunkerque LNG we are delighted with this major milestone! Decarbonizing industry will be pivotal to achieving the European Union objective of reducing emissions by 55% by 2030. This is why we are involved in the D’Artagnan…
Global engineering and construction leader KBR (NYSE: KBR) has secured a five-year contract with options to support the Iraqi government’s ambitious plans for infrastructure development and a more sustainable future. The $46 million contract will see KBR provide advisory and consultancy services to the Iraqi Ministry of Planning, focusing on creating an effective framework for delivering large-scale infrastructure projects. KBR’s expertise will encompass areas like economic planning, strategy development, feasibility studies, technical reviews, and project management. This comprehensive contract builds on KBR’s existing work in Iraq’s energy sector. The company has partnered with various ministries to identify, design, and implement critical projects to strengthen the country’s economy and social well-being. Notably, KBR’s focus on innovation and sustainability will be central to achieving these ambitious goals, aligning with Iraq’s long-term vision for environmentally responsible growth. Jay Ibrahim, President of KBR Sustainable Technology Solutions, said, “This is a great example of KBR utilizing its growing global capabilities to support regeneration and sustainable growth of a nation. We are proud to further our partnerships in country, where we are already helping make our customers’ ambitious plans a reality. With our deep expertise in engineering and energy solutions, KBR is well positioned to help…
Malaysia Airports Holdings Berhad (MAHB) is pleased to announce the expedited completion of the KLIA Aerotrain Replacement Project. This critical infrastructure upgrade, originally scheduled for completion by March 31, 2025, will now be finalized by January 31, 2025, two months ahead of the initial target date. This achievement marks a significant milestone for MAHB and its commitment to enhancing passenger experience at Kuala Lumpur International Airport (KLIA). The project entails the delivery of three new, state-of-the-art Aerotrains, refurbishment of the existing two lines, and comprehensive testing to ensure the highest safety standards. The expedited completion is a testament to the collaborative efforts of MAHB, project partners, and relevant authorities. Following a reassessment in January 2024, a new contract was awarded to a consortium led by ALSTOM, the original equipment manufacturer (OEM) of the Aerotrain system, and IJMC-PESTECH JV, a reputable construction joint venture. This strategic partnership leveraged ALSTOM’s expertise and ensured continuity with the existing system, while IJMC-PESTECH JV brought their construction prowess to the project. Acting Group Chief Executive Officer, Mohamed Rastam Shahrom expressed appreciation for the patience of KLIA passengers during the airport’s many facilities upgrades, “This early project completion ahead of the original planned date, is a…
Two industry leaders are joining forces to streamline the homebuilding and construction process. TraceAir, a leading provider of construction site analysis software, and PermitFlow, a specialist in construction permit applications and management software, have announced a strategic partnership. This collaboration aims to revolutionize the residential construction industry by simplifying workflows and tackling regulatory hurdles. “We are excited to partner with PermitFlow to offer our clients a comprehensive solution that addresses their needs throughout the entire construction lifecycle,” said Maria Khokhlova, co-founder of TraceAir. “Together, we are committed to empowering builders and contractors with the tools they need to succeed in today’s competitive market.” The partnership offers significant benefits to both companies’ customers. TraceAir users will gain access to PermitFlow’s innovative permit management solutions, simplifying compliance with complex regulations. Conversely, PermitFlow users will benefit from TraceAir’s advanced land development tools, enabling more efficient project planning and budget management. “This partnership with TraceAir represents a pivotal moment for the construction industry,” added Francis Thumpasery, co-founder and CEO of PermitFlow. “By partnering with TraceAir, we are setting a new standard for efficiency and reliability in project execution. We believe our combined efforts will make a substantial difference in managing construction projects, paving the…
Vast (Vast Renewables Limited) (Nasdaq: VSTE), a renewable energy company planning to power green fuels production with its concentrated solar thermal power (CSP) energy systems, has announced it has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance Solar Methanol 1 (SM1), a CSP-powered green methanol reference plant. Located in South Australia at the Port Augusta Green Energy Hub, SM1 will have the capacity to produce 7,500 tonnes of green methanol each year. Methanol is one of the most versatile hydrogen derivatives which, if produced using clean energy, has the potential to decarbonise several hard-to-abate industries, including shipping and aviation. SM1 will be supplied with baseload renewable heat from Vast’s 30 MW / 288 MWh CSP plant. Using CSP can potentially reduce green fuel production costs by up to 40 per cent according to a recent report by engineering group Fichtner. The project’s success could unlock green fuels production in Australia, with potential for exports to Germany and other global markets. The JDA sets out how the project will be developed and further underlines Vast and Mabanaft’s contribution to the energy transition by combining technological, business development and commercial expertise. This comes after Vast and Mabanaft…
