Latest news with #cleanTech


Forbes
27-05-2025
- Business
- Forbes
Behind Trump's Tariffs: A Hidden Opportunity For Clean Tech?
Car Import Tariff and Economic Recession getty Within months of each other, both Donald Trump and Ursula von der Leyen began their second terms as President of the United States and President of the European Commission, respectively. As they embark on new political chapters, their economic divergence is casting a long shadow over the future of clean tech. Under President Trump's renewed leadership, the U.S. has pivoted away from climate action, turning back to oil and gas. Meanwhile, nearly every link in the international supply chain is now tangled in tariffs, prompting swift retaliatory measures from Canada and China. Once-stable trade relationships are now marked by uncertainty and geopolitical tension. Still, the outlook for technology development remains bright. The global economy is growing more diversified, perhaps because, and not despite, different regions pursuing divergent approaches to prosperity. The U.S. is doubling down on access to critical minerals and spearheading AI innovation; the EU remains a beacon of climate leadership; China continues its trajectory of unprecedented levels of renewable buildout and manufacturing capacities; and emerging economies across Africa and South America are asserting their place in the global value chain. Despite rising tensions, each region is vying for leadership in the technologies that will define the next economic and industrial era – hinting that behind the tariffs, there may lie a hidden opportunity for clean tech to scale, compete, and thrive. The U.S. trade conflict reflects a high-risk strategy to reshape economic terms in the region's favor. While criticizing clean tech, the Trump Administration has actively championed investment in Artificial Intelligence. Silicon Valley Bank recently reported that 40% of U.S. venture capital in 2024 was directed toward AI, up from just 10% in 2021, a trend expected to continue, with Trump attracting massive AI investments from all over the world. Often dismissed in climate circles, AI actually holds massive potential for climate mitigation through efficiency gains across sectors. In this sense, attracting AI infrastructure investment can be seen as climate action in disguise. Similarly, Trump's negotiation with President Zelenskyy, while controversial, led to the U.S.-Ukraine Minerals Deal, a strategic win in diversifying upstream supply chains for technology components currently dominated by China. Despite the optics, this too is a climate-relevant outcome. However, such wins exist within a broader context of economic fragility. Quarry with mineral resources and flag of Ukraine getty Originally designed to protect nascent industries, tariffs without complementary tools such as innovation funding, workforce development, and infrastructure investment often do more harm than good. So, while it is true that the U.S., similar to the EU, is too dependent on imports, the same can be said for exports. For example, in 2024, China supplied 70 percent of all lithium-ion batteries consumed in the U.S. On the flipside, major U.S. states like Texas, California, New York, Illinois, Indiana, Louisiana, and Michigan each export over $30 billion annually to Chinese, Canadian, and EU markets. These states are now on the frontlines of potential reciprocal tariffs. Still, Trump's tariff strategy, albeit blunt, does have a goal: to reignite domestic industries like steel and auto manufacturing. But without a long-term plan for sustainable growth, the policy risks turning inward at a moment when global cooperation is essential. The contrast with Biden's approach is stark. The Inflation Reduction Act (IRA) showcased how policy can attract investors and manufacturers while being coupled with targeted tariffs and support mechanisms like the CHIPS Act. Between Q3 2022 and Q1 2025, a total of 380 clean technology manufacturing facilities were announced, nearly half of which were operational as of March 31 2025. This represents a five-fold increase in investments in clean manufacturing, from $2.5 billion in Q3 2022 to $14 billion in Q1 2025. Yet, due to the Trump Administration's funding freeze, combined with its approach to tariffs, a total of $6.9 billion of investments were cancelled – the highest value of quarterly cancellations on record. What's more, the new budget bill which passed the House of Representatives, could effectively halt the US clean energy manufacturing boom. The irony here should not be overlooked. Of the $289 billion invested in the clean tech manufacturing facilities, 77% went to Republican led districts. Thus, they have become the biggest beneficiaries of clean energy investment. And since President Trump is well known for being a dealmaker, renewable energy – with its falling costs and growing strategic importance – may well turn out to be the best deal on offer. While U.S. policy undergoes significant overhaul, the EU has spent decades preparing for a sustainable economic transition. That preparation has sometimes been a challenge for industry, but it has also laid solid groundwork. Decarbonization targets are binding. Renewable energy deployment is accelerating. Emissions are priced through the ETS. And carbon leakage is being addressed via the Carbon Border Adjustment Mechanism (CBAM). Now, the EU is aligning trade and climate goals, using tools like carbon pricing to create a level playing field without isolating itself. For U.S.-based investors and innovators navigating political unpredictability at home, Europe increasingly stands out as a stable, rules-based market with long-term industrial clarity. Europe's deliberative policymaking offers something rare in today's climate: predictability. Combined with a cooperative stance toward China, the U.S., and emerging blocs like Mercosur and the African Union, the EU remains a pragmatic and reliable partner. At the same time, behind the smokescreen of U.S. tariffs and retaliatory measures lies an unexpected upside. In the race to reshape supply chains, secure resources, and dominate future-defining technologies, climate progress may emerge not despite geopolitical tensions, but because of them. If the moment is seized, today's fragmentation could catalyze a more resilient, decentralized clean tech economy. One built not on ideology, but on common interests, cooperation, and global interdependence.


Zawya
26-05-2025
- Business
- Zawya
Canada's Borna to develop $40mln membrane gas separation factory in Egypt
Arab Finance: Borna Membrane Solutions, a Canadian clean-tech company in membrane gas separation, is planning to establish a factory in Egypt, with total investments of $40 million, the company's CEO Sam Salimi announced. The facility will produce flare gas recovery systems for extraction and exploration, carbon separators, and the reinjection of the resulting gases into the national natural gas grid. During his meeting with Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), Salimi rolled out the company's plans in Egypt. The two sides discussed ways to localize the company's technology in Egypt as part of the government's plan to keep pace with global trends to reduce carbon emissions. Borna has extensive expertise in carbon capture and storage (CCS), and the extraction of propane, butane, and methane from the combustion of associated gases from oil extraction operations, and their reinjection into the Egyptian market. Finally, Salimi emphasized that the Canadian government and financing institutions support companies seeking to inject new investments into the Egyptian market. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Bloomberg
21-05-2025
- Business
- Bloomberg
US Fashion Recycling Startup to Build $500 Million Plant in France
US clean-tech startup Circ plans to build what it says is the world's first industrial-scale plant dedicated to recycling post-consumer and post-industrial polycotton textiles. Fabrics made of a blend of polyester and cotton are a staple of fast fashion but are hard to break down and worsening a global waste crisis. The 450 million euro ($510 million) plant will be in Saint-Avold, France, and construction is set to begin in 2026. The facility will have the capacity to process 70,000 metric tons of polycotton material per year, according to the company. It is expected to be fully operational by 2028 and create 200 direct and indirect jobs.

National Post
20-05-2025
- Business
- National Post
Newest Mouser Series Explores the Intersection of Sustainable Technology and Engineering Innovation
Article content Sorry, your browser doesn't support embedded videos. Article content Article content DALLAS & FORT WORTH, Texas — Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, today released Reduce, Reuse, Reimagine Tech, its newest installment of the Empowering Innovation Together (EIT) technology series. This new series delves into clean technologies that work to improve our environment while providing innovative engineering solutions for the future. Article content Embedding sustainable principles into the design process creates new and innovative possibilities. Article content Sustainability in engineering has become fundamental to the renewable energy revolution, with opportunities across agriculture, transportation, and waste management systems. By leveraging IoT, solar power, and data-driven systems, global industries can transform how they generate and consume power. Engineers can implement digital inclusion and green computing to reimagine electronic designs with longevity, repairability, and efficiency at their core. Embedding sustainable principles into the design process creates new and innovative possibilities. Article content In the Tech Between Us podcast, host Raymond Yin, Mouser Director of Technical Content, sits down with Scott Wharton, CEO of Tandem PV, to dive into global energy and solar market trends, with a focus on the innovative materials in solar capture. The In Between The Tech podcast features Holly Stower, Group Lead at the Cleantech Group, as she discusses the blue economy, the sustainable use of ocean resources for economic growth, and AI's impact on clean technology. Article content 'Clean technology is about reimagining entire systems. Precision farming and green computing highlight the progress of the strategic efforts to reduce waste, optimize resources, and create technologies that serve both human and environmental needs,' said Yin. 'Sustainable engineering lies in our ability to transform challenges into integrated, scalable solutions that bridge technological advancement with global sustainability.' Article content In addition to the podcast, the EIT series includes in-depth video, technical articles, and topic-related infographics, as well as subscriber-exclusive content, exploring modern technologies that advance sustainable developments. By examining ways to reduce and reuse our resources, the series provides engineering professionals with leading-edge solutions to create a more sustainable future. Article content Established in 2015, Mouser's Empowering Innovation Together program is one of the electronic component industry's most recognized educational programs. To learn more, visit and follow Mouser on Facebook, LinkedIn, X and YouTube. Article content As a global authorized distributor, Mouser offers the widest selection of the newest semiconductors, electronic components and industrial automation products. Mouser's customers can expect 100% certified, genuine products that are fully traceable from each of its manufacturer partners. To help speed customers' designs, Mouser's website hosts an extensive library of technical resources, including a Technical Resource Center, along with product data sheets, supplier-specific reference designs, application notes, technical design information, engineering tools and other helpful information. Article content Engineers can stay abreast of today's exciting product, technology and application news through Mouser's complimentary e-newsletter. Mouser's email news and reference subscriptions are customizable to the unique and changing project needs of customers and subscribers. No other distributor gives engineers this much customization and control over the information they receive. Learn about emerging technologies, product trends and more by signing up today at Article content Mouser Electronics is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor's website, is available in multiple languages and currencies and features more than 6.8 million products from over 1,200 manufacturer brands. Mouser offers 28 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 650,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit Article content Article content Article content Article content Article content Contacts Article content For further information, contact: Kevin Hess, Mouser Electronics Senior Vice President of Marketing +1 (817) 804-3833 Article content Article content


Zawya
19-05-2025
- Business
- Zawya
Ducab registers exceptional ICV score of 96.89%, showcases 45 years of innovation, sustainable growth at Make it in the Emirates 2025
Dubai, UAE: Ducab, a leading UAE-based provider of energy solutions, has notched up an outstanding 96.89% In-Country Value (ICV) score. Complementing its focused localization strategy that has led to 40% of its industrial raw materials being procured from within the country, Ducab is among the UAE's key industrial enablers contributing to realizing the national ambition of shaping an innovation led economy. Ducab's participation at Make it in the Emirates 2025, running from May 19-22 at the Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi, underlines the company's growing status as a leading UAE exporter of innovation and sustainable energy. Celebrating its 45-year milestone in 2024 with the expansion of its global footprint to 75 markets worldwide and doubling its aluminium production capacity, Ducab's instrumental role in positioning the UAE as a global hub for high-quality, advanced and clean manufacturing cannot be discounted. Today, exports account for 60% of Ducab's production, emphasizing the company's surging influence on the international stage. Ducab's journey of innovation spans 5,000+ completed projects and partnerships with 500 local projects accomplished last year and comprises a robust portfolio of 85,000 specialized cable variants and globally certified products. Its GCC's first High Voltage (HV) Fiber Optic cable is already delivering smarter, greener, and more resilient power solutions to support smart grids and infrastructure. Ducab's innovations align with UAE Net Zero by 2050 and the Dubai Clean Energy Strategy 2050. Gert Hoefman, Interim Group CEO of Ducab, said: 'Ducab has been at the forefront of the UAE's industrial renaissance since the launch of the National Strategy for Industry & Advanced Technology, and it is encouraging and inspiring to see how far we have come; increasing production, launching sustainable products that support decarbonization, and exploring new markets. Our significant presence at Make it in the Emirates this year, reinforces our efforts in shaping the future of sustainable power transmission in the UAE and beyond. Ducab is continuing to prioritize local impact even while driving global reach.' Plugging a market gap, Ducab launched its Ducab Metals Business (DMB) in 2020 and acquired GIC Magnet in 2024, introducing paper-insulated aluminium strips which are essential for electric vehicles (EVs), transformers, and electromagnets, to its growing portfolio and is the region's only approved supplier for these products in the US market. DMB currently sources its molten aluminium from EGA, enabling Ducab to access high-growth sectors and support industries transitioning to greener technologies. Ducab today, is deeply invested in advancing sustainable manufacturing, accelerating its R&D investments to tackle the evolving needs of the energy sector, and prioritizing the strengthening of the home-grown supply chain. Its investment in Fourth Industrial Revolution technologies is helping boost precision, efficiency, and scale in local manufacturing while shaping future-ready solutions in energy, mobility, data, and heavy industry.