TRENDS Research & Advisory has launched a comprehensive study titled “The Future of Renewable Energy: Financing Challenges and Prosperity Opportunities”[1]. This study was unveiled during TRENDS’ second participation in the World Economic Forum in Davos. The study aims to address critical issues related to renewable energy, including financial challenges and promising opportunities, with the goal […]
Egypt has set an ambitious target [1] to produce nearly 16,100 megawatts (MW) from renewable energy sources by 2029, as part of its drive to reduce reliance on conventional power generation and save its hydrocarbon resources. This target includes 6,600 MW currently produced from solar, wind, and water projects, with new projects expected to boost […]
CEO Mauro Longobardo reported that ArcelorMittal Kryvyi Rih failed to reach break-even production levels in 2024. He attributed this to several factors, including electricity supply shortages, high energy prices, the need to import a significant portion of electricity, staffing, and expensive logistics with unfavorable pricing conditions in metal markets. “All of this negatively affects our […]
Nobody’s Child, a sustainable clothing brand, has partnered with Reskinned to develop a take-back program to promote circularity in the fashion supply chain. This innovative effort extends beyond typical recycling by providing a multifaceted approach to apparel repurposing. By offering choices for reselling, repairing, and recycling unwanted clothing and footwear, Reskinned gives fashion firms a […]
Levi Strauss & Co. announced the appointment of Artemis Patrick to its board of directors, effective 1 February. Starting 1 March, Patrick will also serve on the audit, nominating, governance, and corporate citizenship committees. Patrick, a seasoned retail executive, currently serves as President and CEO of Sephora North America. She oversees strategy, vision, and financial […]
Ganni, a Danish fashion brand, has signed a procurement deal with Ambercycle for a continuous supply of cycora, a regenerated polyester product, as part of its commitment to sustainability. Incorporating cycora into its product lines, Ganni intends to use Ambercycle’s sustainable alternative to replace over 20% of its annual use of new and recycled polyester […]
Hyundai Steel, an affiliate of automakers Hyundai Motor, South Korea has decided to build a steel plant in the United States. As President Donald Trump prepares to intensify protectionist measures, the company decides to make a move. On Tuesday, Trump announced plans to impose tariffs on multiple fronts, including a potential 25% tariff on Mexico […]
