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...Industry experts and local officials said Apple’s suppliers still faced hurdles in building up production in India....
...The reshoring of critical industries such as energy and semiconductors to the US, Pollock said, “requires a ton of new capital to reinforce supply chains and energy infrastructure”....
...It said the deal could boost its production to 150,000 barrels of oil equivalent per day by the early 2030s — more than double its output in 2023....
...Ithaca, whose majority owner is Israel’s Delek Group, said the transaction would create the second-biggest independent operator in the UK continental shelf, boosting its production above 100,000 barrels...
...But make no mistake, it will not stop the trend of companies trying to reduce their reliance on UK production....
...But executives think AI could improve supply chains and production....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...Since August, eight European solar companies have either filed for bankruptcy, paused production, warned of factory closures or restructured debts....
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
...In its latest results for the nine months to the end of September, Ithaca reported production of 71,000 barrels of oil equivalent per day and post-tax profits of $238.5mn....
...First Solar, an Arizona-based clean energy equipment maker, has $1.8bn in overall balance sheet cash....
...Energy Agency and Wood Mackenzie....
...Tesla is developing a low-cost model due to begin production in late 2025 and is increasing deliveries of its Cybertruck, while contending with slowing growth....
...The 2021 filing offers some similarly bland wording: We are currently focused on ramping production of energy storage products, improving our Solar Roof installation capability and efficiency....
...EQT, a Stockholm-based private equity and infrastructure investor, is investing in the sustainability of rising US industrial production as a need for waste management is generated by plants manufacturing...
...“Petrochemical overcapacity and the resulting lower prices for virgin material make life harder for producers of recycled plastics,” said Ciarán Healy, analyst at the International Energy Agency....
...Shares of LG Energy Solution dropped to a year-low on Wednesday after the South Korean battery producer echoed Tesla chief Elon Musk and warned electric vehicle sales were expected to slow as a result of...
...In Iberdrola’s 2023-25 strategic plan, the US was due to receive 47 per cent of the company’s global investments in both power grids and renewable energy production, including the cost of the PNM acquisition...
...In the first two months of the year, Tesla’s market share of China’s new energy vehicle sales, which include EVs and hybrid plug-ins, slipped to 6.6 per cent, from 7.9 per cent in the same period a year...
...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
...First production is expected as early as 2026. A second phase should follow five years later, adding 55mn barrels....
...The German, 56, said he had “run out of energy”....
...Despite relying on existing industry technology for many years, BYD has focused on stripping out costs from the production process....
...The International Energy Agency this year found the global energy industry was responsible for 135mn tonnes of methane emissions in 2022, only slightly below record high levels of 2019....
...“This energy transition is starting to expose some weaknesses in that kind of complacent attitude.”...
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