Global Scans · Manufacturing · Weekly Summary

• The IRA could help generate demand for 1.7 million jobs across the US utility-scale solar sector by 2035, including 850,000 jobs in component manufacturing and 800,000 jobs in construction and operations. PV Tech
• There's a lot riding on the nascent U.S. offshore wind industry: the ability to tap into a huge source of clean energy and reduce carbon emissions, the opportunity to create thousands of jobs, the unique chance to jumpstart a new domestic manufacturing industry. MPR News
• USMCA might help restore some of the 700,000 manufacturing jobs lost in California, New York, Michigan, Texas, and other states. The Balance
• Hydrogen energy and fuel cell technologies offer a clear pathway for America to reach its decarbonization goals while boosting economic growth, creating high-quality jobs, and spurring advanced American manufacturing and export opportunities. Nuvera
• Not only is the project expected to create high-skilled jobs, but it is also likely to spur the development of assembly facilities and physical infrastructure which could help India develop itself as a base for defence manufacturing. Mint
• Renewing UK manufacturing could upgrade the class structure, creating more jobs with stability and good prospects, and reversing the relative decline of the UK's former industrial areas. GOV.UK
• China's Gotion High-tech Co Ltd will set up a USD 2 billion electric vehicle (EV) lithium battery manufacturing plant in Manteno, Illinois that would create about 2,600 new jobs. ETAuto.com
• The funding opportunity announcement, led by EERE's Industrial Efficiency and Decarbonization Office, will drive innovation to develop the next-generation technologies required to decarbonize industry, revitalize American manufacturing, create good-paying jobs, and improve community health. Energy.gov
• A manufacturing revival is underway in the U.S. - one that could create hundreds of thousands of new jobs for America's workers and represents a fundamental shift towards a clean energy economy. PennLive
• If India wants to increase the share of manufacturing in GDP to 25% and create 100 million jobs, as envisioned by the National Manufacturing Policy, it must create a robust pipeline of skilled workers. India Today
• Sparked by the sweeping legislation signed into law one year ago, the private sector has already committed $110 billion in investments that will create an estimated 900,000 manufacturing jobs by 2030 and cut climate pollution more than 40% below 2005 levels. Governing
• Singapore's Maxeon Solar Technologies has announced it will invest $1bn (S$1.36bn) in a manufacturing facility in Albuquerque in the US state of New Mexico, creating up to 1,800 jobs. Investment Monitor
• Investment in the battery ecosystem provides the opportunity to create jobs across the UK over the whole supply chain, from mining to processing and manufacturing to recycling. UK Government
• India's government is convinced that reducing imports is necessary for its security and creating manufacturing jobs, and especially hopes to reduce imports from China. The Economist
• Despite the initial steps, Canada's manufacturing sector runs the risk of being left behind in the race for clean jobs and investment. financialpost
• As new federal energy incentives continue to drive historic investments in solar manufacturing and deployment, U.S. solar jobs are expected to rapidly grow in the coming years. SEIA
• Manufacturing Africa Nigeria programme delivered financial investment worth $31 million, predicted to create 1,600 direct jobs, and supported 12 firms expected to attract $300 million in investment and create over 5,000 direct jobs. GOV.UK
• Clean energy manufacturing in the U.S. is poised for explosive growth; the Inflation Reduction Act of 2022 will infuse more than $47 billion in the buildout of clean energy technologies and spur an estimated 900,000 manufacturing jobs over the next decade. Grist
• Despite the misleading rhetoric, Microvast is and will continue to be an American company deeply committed to doing business in the U.S. and creating American jobs, boosting the American economy, and securing battery manufacturing in the United States. Microvast
• Manufacturers in the U.S. are facing a significant skills gap and will need to fill more than four million jobs by 2030. Brookings
• Modern manufacturing offers highly skilled and well-paid jobs, and building Europe's manufacturing base will help create a clean economy. Assets EY
• The IRA has sought to create new jobs in manufacturing, construction, and renewable energy, estimated to create up to 1.5 million jobs by 2030. Autoblog

Last updated: 11 February 2024