Global Power EPC Market 2026-2032 | Growth Trends, Drivers & Opportunities

The global Power EPC Market is witnessing significant expansion, driven by increased investments in energy infrastructure and renewable power projects. Engineering, Procurement, and Construction (EPC) service providers are playing a pivotal role in the development of power plants, substations, and grid modernization initiatives. Market stakeholders are increasingly focusing on efficiency, technological advancement, and sustainable solutions to meet growing global energy needs.

The market is expected to witness substantial growth, with projections estimating a compound annual growth rate (CAGR) of over 6% from 2026 to 2032. Total market valuation is anticipated to surpass USD 75 billion by 2032, highlighting significant investment opportunities for stakeholders.

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Tomorrow [OC]

North Korean leader Kim Jong Un was re-elected as General Secretary of the Workers’ Party of Korea on February 22, 2026, during the Ninth Party Congress held in Pyongyang . The congress, organized every five years, is one of the country’s most important political events, where national priorities and long-term strategies are outlined.

State media described the result as unanimous, calling it a reflection of the delegates’ “unshakable will” and unity . Such 100% outcomes are a familiar feature of North Korean politics, emphasizing loyalty and centralized authority. During the gathering, Kim highlighted continued progress in nuclear development while also promising efforts to strengthen economic self-reliance and improve living standards despite international sanctions .

Observers noted what appeared to be a generational shift within the leadership, as several senior officials were reportedly replaced by younger figures viewed as loyal to Kim . The congress reinforced the regime’s focus on unity, continuity, and firm control under the ruling leadership .

This exchange at the State of the Union is getting a lot of reaction. President Donald Trump asked for a show of support on immigration priorities, and most Democrats remained seated — highlighting the divide in the chamber, where Democrats often frame the issue around broader immigration reform and due process concerns.

When Democrats didn't stand, Trump went on to say, You should be ASHAMED of yourselves for not standing up!"

The U.S. dollar weakened sharply against every major currency in a single session, a move that signaled rising investor anxiety about the economic outlook. Traders reacted to fresh tariff plans rolled out by Donald Trump, which could reshape global trade flows and raise costs for businesses, pricing in slower growth and higher uncertainty. As the dollar slipped against the euro, yen, and pound, stocks pulled back and gold climbed as investors sought safety assets. Analysts said such broad currency weakness rarely reflects just one policy change — it tends to show a shift in confidence about where the world’s largest economy is headed, with concerns over corporate profits, consumer prices, and the ripple effects of trade policy on global markets.
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