GreenManufacturing

US Imposes New Tariffs on Solar Imports from Southeast Asia: A Shift in Trade Dynamics

29 days ago

The Biden administration has taken a significant step in the realm of international trade, announcing new tariffs on solar panels imported from several Southeast Asian nations, including Thailand, Vietnam, and Malaysia. This decision comes amid concerns that these counties are routing products to the United States to circumvent existing tariffs on Chinese solar panel imports, effectively undermining the trade policy aimed at protecting domestic solar manufacturing.

China's Steel Industry Unveils Compensation Plan for Aging Mills Shutdown

2 months ago

In a significant move towards modernizing its manufacturing sector, China's steel industry has announced a comprehensive compensation plan aimed at addressing the closure of outdated steel mills. This initiative is part of the country’s broader strategy to enhance environmental sustainability and improve production efficiency within the industry.

Rivian Secures $6.6 Billion Loan to Expand Georgia Manufacturing Plant

6 months ago

In a significant boost to electric vehicle manufacturing in the United States, Rivian Automotive has received approval for a substantial $6.6 billion loan from the federal government aimed at financing its new manufacturing plant in Georgia. This financial support underscores the Biden administration's ongoing efforts to promote electric vehicles and help manufacturers transition toward greener technologies.