What is the latest status of the project “Project Permian”?

The status recorded for “Project Permian” is under construction.

What is the budget and commercial profile for the project “Project Permian”?

Taiyo normalizes the budget of “Project Permian” to USD 1700000000.

Where can I verify the source and access all details for “Project Permian”?

This Taiyo project page references PR Newswire along with the original URL (https://www.prnewswire.com/news-releases/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-net-power-inc-and-certain-officers--npwr-302478465.html). Taiyo standardizes official data into a consistent, searchable project profile.

Project Permian

Sector: Natural Gas • Location: Texas, United States

Source: PR Newswire

Project

Under Construction

Project Permian is Net Power's first utility-scale plant located in the Permian Basin of West Texas. It is based on the Net Power Cycle technology designed to produce reliable and affordable electricity from natural gas while capturing virtually all atmospheric emissions. The project has experienced delays and cost overruns due to supply chain issues and site-specific challenges.

Status: Under Construction
Sector: Natural Gas, Power Generation (CCGT), Warehouse, Power Transmission
Location: Texas, United States of America
Updated: 22 Jul 2026
Source: PR Newswire

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Project Information

4 Q

The project “Project Permian” is an infrastructure initiative in the Natural Gas sector, located in Texas, United States. Taiyo aggregates data on it from PR Newswire.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Project Permian is Net Power's first utility-scale plant located in the Permian Basin of West Texas. It is based on the Net Power Cycle technology designed to produce reliable and affordable electricity from natural gas while capturing virtually all atmospheric emissions. The project has experienced delays and cost overruns due to supply chain issues and site-specific challenges.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	Texas

Source

Source	PR Newswire
URL

More Details

Record type	Project
Sector	Natural Gas, Power Generation (CCGT), Warehouse, Power Transmission
Article published date	2025-06-14

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