Tag Archives: construction
EDP tests construction of its first solar park with automation technology
Technology tamfitronics This is the first time worldwide that the technological solution, based on robotics and advanced computing, developed by Comau, has been tested in real installation conditions in an EDP solar park. (1888PressRelease) November 04, 2024 - EDP, a global leader in the renewable energy sector, will test the construction of its first photovoltaic solar park under real life installation conditions on a large scale with the automation technology Hyperflex. The project, named AutoPV, is located in Peaflor, Valladolid, Spain and will use automated solutions in 3MW of the total 122MW of installed capacity, through a robotic solution.With an ambitious portfolio of solar projects globally and a growing focus on technology and the hiring of qualified professionals, EDP's innovation area identified an opportunity to automate some of the construction operations of a...
Construction mafia | Mother says sheu0027ll struggle and starve because of politics
Politics tamfitronics Saturday 26 October 2024 - 08:00am Construction mafia mother The accused in the construction mafia case in Camperdown. ...
Avoiding construction disputes: 3 ways AI mitigates risk early
Technology tamfitronics Construction is one of the most robust and resilient industries in the world, with an approximate value of $1.98 trillion in the United States alone in 2023, according to Statesman. This critical sector provides economic growth and supports businesses, communities, and individuals across the globe. Yet this vital contributor to the economy is not without its risks and challenges. According to an Arcadis 2022 Global Construction Disputes reportin 2021 the global average value of a dispute was $52.6 million. In North America, the average dispute...
Bam Construction reports £31.4m loss
Top Stories Tamfitronics Bam Construction has reported a £31.4m pre-tax loss after struggling with high inflation and supply chain insolvency.The contractor lost money on revenue of £897.6m in the year to 31 December 2023 – representing a small reduction from the £900.9m it turned over in 2022, according to newly published financial accounts.“Profitability has been impacted by high inflation conditions within the UK and impact of unprecedented levels of supply chain liquidations,” said Bam Construction executive director Kim Sides in a strategic report.Bam’s revenue increased throughout 2023 as projects that were paused during the Covid-19 pandemic were finally built out. But the firm’s forward-order book stood at just £606m at year end, 38 per cent lower than the £971.6m total it posted a year earlier.“Work in hand has reduced in the year as Bam...
