JSW Steel USA invests $110m to upgrade Texas facility for high-quality monopile steel plates, supporting US offshore wind energy goals by 2030.
JSW Steel USA, a subsidiary of India's JSW Steel Ltd, plans to invest $110m in upgrading its Texas facility to produce high-quality monopile steel plates, supporting the US's goal of 30GW offshore wind energy by 2030. This investment will contribute to decarbonization and help reduce the US's import reliance in infrastructure and renewable energy sectors, with projects scheduled for completion by FY26.
June 25, 2024
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