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United States Steel Corporation's (U.S. Steel) (NYSE:X) (Pittsburgh, Pennsylvania) plans to invest $1 billion for an endless casting and rolling facility at its Mon Valley Works in western Pennsylvania is one of a number of big capital project-related announcements that have been made so far this year in the U.S.

According to the International Energy Agency (Paris, France), in 2018 the world's renewable power generation capacity grew by 180 gigawatts (GW), the same as 2017. Last year marked the first year since 2001 that renewable generation capacity did not increase from one year to the next. While renewable power additions may have levelled off in 2018, they still remain a popular choice of fuels, with wind and hydropower projects leading in terms of value for more than $6 trillion in active Power Industry projects being tracked by Industrial Info throughout the world.