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| Fluor forms additional business line Texas-based engineering and construction company Fluor Corp announced the formation of a dedicated business line within its Power Group to focus on global renewable energy needs specifically for clients in the solar, wind and biomass sectors. The renewables business line is led by Brad Friesen, a Fluor executive with 32 years of experience and former head of the company's gas fueled business line. Friesen reports directly to Dave Dunning, president of Fluor's Power Group. The company will utilize its Irvine, Calif. and Asturias, Spain offices to address client needs around the world. At the World Economic Forum earlier this year, the International Energy Agency urged world leaders to invest in energy efficiency and clean technologies to bolster economic recovery and achieve climate change policy objectives. Wind, solar and biomass power generation needs are among the fastest growing sectors of the new-build global energy market. For example, installed global solar capacity is expected to grow by 30 to 35 percent a year—from a total of 10 gigawatts today to 200 to 400 gigawatts by 2020, according to McKinsey & Company research. write your comments about the article :: © 2009 Construction News :: home page |