Solar wafer producer NexWafe has secured a €30 million (US$32 million) investment to accelerate the construction of its first commercial-scale wafer plant in Bitterfeld, Germany. The company expects to raise additional funding in the second half of the year, while this funding round came from current investors such as Indian conglomerate Reliance New Energy – […]
Reshoring News
In his regular monthly column, Pierre Aury discusses how a super-cycle could emerge. During the Maritime CEO Forum held recently in Singapore the question was asked about a possible, or at least a plausible, new super-cycle looming in dry bulk. The moderator of the dry bulk market outlook panel noted that geopolitical risks tend to […]
In our annual outlook, we identified 2023 as being a year of two halves. The first half of the year is expected to see a return to “normal” supply chain conditions, particularly in terms of physical network operations. The second half, however, may bring confirmation of changing corporate sourcing strategies in the wake of the […]
Google Maps A Hawthorn Suites By Wyndham at 910 South Boulder Highway, Henderson, Nevada. Choice Hotels International is reportedly looking to buy Wyndham Hotels & Resorts, The Wall Street Journal reported, citing anonymous sources. The hotel franchise giants are in the early stages of talks and it isn’t clear that Wyndham would be on board, Reuters reported, also citing […]
Issue 43 – First Quarter 2023 After a year of steady, albeit downbeat, economic dynamics, conditions are beginning to change. While many of the same challenges remain in place, including inflation and labor shortages, the construction industry now faces the cumulative weight of ten consecutive interest rate increases and tighter credit conditions due to fallout […]
Chinese modules were 57% cheaper than the modules produced in the U.S. and EU during 2022 May 23, 2023 / Satish Shetty / Manufacturing, Markets & Policy, Solar China’s solar exports surged by 64% to $52 billion in 2022, on the back of low-cost supply and technological expertise, despite global trade tensions, according to a […]
Reshoring and foreign direct investment (FDI) job announcements for the first quarter are up 11% from last year, according to the Reshoring Initiative 2023 Q1 Data Report. “If the current rate continues new job announcements will reach over 400,000 by year-end. Additionally, the cumulative number of jobs brought back since the manufacturing low in 2010 […]
The affordability and capabilities of robots have led to their widespread adoption in many different industries, making them an essential part of our daily lives. Robotics technology will continue to revolutionize the way we work by automating mundane and dangerous tasks that previously required humans to perform. As businesses strive to stay competitive and meet […]
The recent surge in American reshoring, the process of bringing back manufacturing and production activities to the United States from overseas, has gained significant momentum. This trend has been driven by various factors, including the secular shift in global economic dynamics, the industrial renaissance, bipartisan support, competitive advantage, and pure exposure, per the issuer. As […]
Manufacturing has historically created an outsize impact on the U.S. Fast forward to today, this sector is presenting itself as a modern-day “gold rush” opportunity for many companies, driven by ambitious incentives from the current administration in recent legislation to produce key assets. From electric vehicle (EV) batteries to solar panels and semiconductors, companies are […]
