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EBJ News: February 15, 2018: Environmental Markets Show Positive Growth

Environmental Markets Show Positive Growth

 

AECOM reports fifth consecutive quarter of positive growth

AECOM (Los Angeles) reported revenue of $4.9 billion for the first quarter of fiscal year 2018 ended Dec. 31, 2017, with revenue up 13%, or 8% organically, marking the fifth consecutive quarter of positive growth. Total backlog reached a new record of $49 billion, an 11% increase year-over-year. “Confidence across our markets is increasing and has been bolstered by the anticipated positive benefits of U.S. tax reform and improving economic growth expectations,” said Michael S. Burke, AECOM’s chairman and CEO.  For AECOM’s Design & Consulting Services segment, revenue was $1.9 billion in the first quarter (an increase of 5% in constant-currency organic revenue), driven by strong performance in the transportation and water markets in the Americas. These markets are benefiting from, among other things, improved funding such as the $200 billion of ballot measures approved by voters in Los Angeles, Seattle, San Francisco, and Atlanta in 2016. In an earnings call, AECOM noted that hurricane recovery efforts are fueling a substantial long-term pipeline, with over $200 million of wins to date from the hurricane recovery. AECOM’s Construction Services business grew organic revenues by 11%, and Management Services by 10%.

For more information on how environmental markets show positive growth, industry market size, company profiles, environmental services contract s visit our Environmental Industry Overview Report page.

 

EA Engineering joint venture wins Maryland DOT environmental contract

EA Engineering, Science, and Technology Inc. PBC (Hunt Valley, Md.) announced that its joint venture with McCormick Taylor Inc. has been awarded a second consecutive contract to provide National Pollutant Discharge Elimination System (NPDES) and environmental compliance services to the Maryland Transportation Authority. The contract is valued at $3 million over five years and provides technical and managerial support to the Authority’s efforts to comply with NPDES general permit and Chesapeake Bay Total Maximum Daily Load requirements, in addition to support for the Authority’s environmental management system and environmental compliance programs. EA is providing similar environmental compliance and storm water management services to Maryland’s State Highway Administration, Port Administration, and Aviation Administration, in addition to other state agencies and local governments.

For more information on how environmental markets show positive growth, industry market size, company profiles, environmental services contract s visit our Environmental Industry Overview Report page.

 

Hazen and Sawyer opens New Hampshire office

Hazen and Sawyer (New York, N.Y.), one of the largest engineering firms in the country focused entirely on water, has opened a new office in Manchester, N.H. Founded in 1951, Hazen employs more than 1,000 water professionals in nearly 50 offices across the country. “As we’re seeing around the world, New England’s water management challenges are changing and intensifying,” said Charlie Hocking, Hazen president and CEO. “We’re excited to continue and to broaden our support of local utilities, helping them address increasing pressures on drinking water quantity and quality, while balancing supply with stream flows, as well as the thoughtful disposal of storm and wastewater surrounding more frequent extreme weather events.”

For more information on how environmental markets show positive growth, industry market size, company profiles, environmental services contract s visit our Environmental Industry Overview Report page.

 

San Diego to develop innovative hydropower energy storage project

Black & Veatch (Overland Park, Kansas) has been selected to serve as owners’ representative for an energy storage facility at the San Vicente Reservoir in San Diego County, Calif. The San Diego County Water Authority and the City of San Diego are assessing the potential to develop the 500-megawatt (MW) facility to increase the availability and efficiency of renewable energy for the region. The “pumped hydro” facility will store energy by pumping water to an upper reservoir when energy demand is low and releasing water from the upper reservoir through turbines when energy demand is high. It would provide enough stored energy to supply approximately 325,000 homes annually and would enable significant and sustained integration of renewable wind and solar energy into the power supply mix.

 

State lawmakers form multistate alliance on carbon pricing

State legislators from nine states announced the formation of the Carbon Costs Coalition, the American Sustainable Business Council reported. The coalition is focused on reducing carbon emissions and includes lawmakers from Connecticut, Maryland, Massachusetts, New Hampshire, New York, Oregon, Rhode Island, Vermont, and Washington. “State legislators across the country know that they can’t wait for the federal government to act on climate change,” said Jeff Mauk, executive director of the National Caucus of Environmental Legislators (NCEL). The coalition has been partnering with business leaders to understand how best to implement a carbon price. “Business leaders understand that climate change is a growing risk to their bottom lines. That’s why many support a carbon price as the most efficient and effective way to reduce greenhouse gas emissions,” said Christine Blackburn, Policy Director for the American Sustainable Business Council.

 

Brown and Caldwell expands industrial water practice with J4 Engineering

Brown and Caldwell (BC, Walnut Creek, Calif.) has added the resources of J4 Engineering Group (Boise, Idaho), an industrial water services firm engaged in all aspects of project development. “With BC’s deep understanding of industrial water processes and wastewater treatment system design and the added expertise of the J4 team, we have some of the strongest industrial water service offerings in the country,” said Si Givens, director of industrial water services at Brown and Caldwell. “This strategic addition enables us to better serve our clients in Idaho and the western United States and greatly expands our service capabilities in the food, mining, and waste-to-energy sectors.”

For more information on how environmental markets show positive growth, industry market size, company profiles, environmental services contract s visit our Environmental Industry Overview Report page.

 

Gradiant partners with Hong Kong manufacturer to advance water treatment for Asian textile market

Gradiant Corporation (Woburn, Mass.), a company that offers industrial wastewater treatment and desalination, has announced a collaboration with Hong Kong based Esquel Group, one of the world’s largest shirt manufacturers. The partnership will allow Gradiant to expedite commercialization of its advanced water treatment solutions for the textile market. Last year, following the successful formation of Gradiant Energy Services oilfield division, Gradiant focused on the growing $500 million wastewater desalination and zero liquid discharge market in Asia. The company secured contracts in China and India using its patented humidification-dehumidification process to transform complex waste streams from power generation and textile manufacturing into fresh reusable water.

For more information on how environmental markets show positive growth, industry market size, company profiles, environmental services contract s visit our Environmental Industry Overview Report page.

 

CMC Energy Services acquires Clean Markets

CMC Energy Services (CMC, Ft. Washington, Pa.), a company operating in the energy conservation industry and a certified Women’s Business Enterprise, has acquired Clean Markets (Philadelphia, Pa.). Clean Markets is a marketing and outreach firm that supports numerous energy efficiency and clean energy programs. “This acquisition will result in the integration of two highly successful and prominent energy services companies and will create one of the largest women-owned energy conservation program management companies in the United States,” CMC said. CMC Energy Services supports more than 25 utility energy efficiency programs.

 

Methane emissions from BC gas wells higher than thought

Fugitive methane emissions from British Columbia’s oil and gas industry are at least 2.5 times higher than industry and government report, according to a report released in January 2018 by The David Suzuki Foundation (Vancouver, BC). Of the 178 sites investigated, on average 35% of inactive wells exhibit measurable and, in some cases, significant methane leakage; and more than 85% of actively producing gas wells vent methane gas directly into the environment daily. “These underreported methane emissions from B.C.’s oil and gas companies are among the most serious greenhouse gas problems we face in Canada, especially as our governments consider expanding the export of fracked and natural gas via the LNG [liquified natural gas] industry,” said the Foundation’s science and policy director Ian Bruce. The federal government’s draft methane regulations are out for public consultation, with final regulations expected this year. “A carbon tax on these fugitive methane emissions would hold emitters accountable,” the study’s lead researcher noted.

 

FPL unveils solar-plus-storage system

Florida Power & Light Company (FPL, Desoto County, Fla.) has unveiled a new solar-plus-storage system that it believes is the first in the country to fully integrate battery technology with a major solar power plant in a way that increases the plant’s overall energy output. By incorporating this technology into the FPL Citrus Solar Energy Center, a solar power plant that was built in 2016, FPL expects to increase the amount of solar energy that the plant can deliver to the electric grid by more than half a million kilowatt-hours a year. FPL is the largest generator of solar energy in Florida with 10 major solar power plants and numerous universal solar installations, totaling more than 635 megawatts of capacity.

EBJ News is a free bi-weekly service of EBI Inc. to the environmental industry community. It is separate from Environmental Business Journal (EBJ), our flagship subscription publication that provides market intelligence, proprietary data and strategic information.

For more information on how environmental markets show positive growth, industry market size, company profiles, environmental services contract s visit our Environmental Industry Overview Report page.