Siemens Energy, Aker Solutions to Supply HVDC Transmission Systems for Sunrise Wind Project
The Sunrise Wind Project aims to deliver enough clean, renewable energy to power nearly 60,000 New York homes and other customers.
Foreign direct investment in the United States (FDIUS) totaled $44.2 billion in the third-quarter of 2020. This is up 81 percent from the previous quarter. Net equity flows were halved to $10.5 billion in third-quarter 2020 from $20.3 billion in the last quarter. Net equity flows this past quarter were at their lowest level over the past decade.
Foreign direct investment in the United States in 2019 was $282 billion, making it the fourth-strongest year for FDIUS over the past decade. However, it was dwarfed by two record-breaking years of FDIUS recorded in 2015 and 2016, at $484 billion and $480 billion, respectively. While the United States remains an attractive investment location, global competition for foreign investment dollars is increasing as more developing countries position themselves as investment destinations.
