Remove 2050 Remove Manufacturing Remove Offshoring
article thumbnail

Renewable energy in action: Examples and use cases for fueling the future

IBM Services

Wind power can be generated by turbines on land, as well as offshore wind farms over water. Portugal : The country was one of the first in Europe to pledge carbon neutrality by 2050. Wind : Individual wind turbines and large-scale wind farms harness kinetic energy from the air for electricity generation.

Sourcing 101
article thumbnail

Renewable energy trends and developments powering a cleaner future

IBM Services

The expansion of the solar PV supply chain is enabling the manufacturing necessary to meet the demands of the growing industry. More manufacturing capacity in the US, India and the EU is expected to help diversify the solar PV supply chain, but China continues to dominate the space.

article thumbnail

10 Countries Developing Green Industry for a More Profitable Tomorrow

Velocity Global

Industries that will benefit: Electric Vehicle (EV) Manufacturers: Germany’s PFTF includes substantial incentives for both individual consumers and companies in the EV industry. Renewable Energy: The PFTF removes the cap on solar power expansion while increasing offshore wind power investment targets.