Trinasolar, a leading solar energy company, has announced a long-term collaboration agreement with the Institute of Solar Energy at Universidad Politécnica de Madrid (IES-UPM). This partnership will see the two entities collaborate on research in photovoltaic sciences and technologies, aiming to innovate in areas such as solar panel efficiency, solar tracker resilience, and solar energy management. The agreement also includes the establishment of a state-of-the-art training center at IES-UPM, equipped with the latest solar technologies.
Results for: Research and Development
Wanhua Chemical’s R&D Center in has been established as a crucial step in the company’s strategy to enhance its presence in Europe. The center aims to provide rapid response to customer needs, foster collaboration in scientific research, and drive innovation. It will focus on offering technical consultations, facilitating new product development, providing technical support, and conducting research and innovation in areas like green chemistry and sustainable products.
Wanhua Chemical has unveiled the official opening of its new Barcelona R&D Center, located in Cornella de Llobregat, Spain, as part of the company’s strategic move to enhance its presence in Europe and beyond. The center aims to foster collaborative research and innovation, providing expert technical consultations, customized solutions, and timely support to downstream customers in the region.
Monolith, a leading provider of low-emission carbon black and hydrogen, has announced the renewal and expansion of its partnership with École des Mines de Paris-PSL (Mines Paris) until February 2030. The collaboration will focus on advancing thermal plasma processing research and facilitating customer innovation at Mines Paris’ facility in Sophia Antipolis, France.
Through this expanded partnership, Monolith and Mines Paris aim to leverage their expertise in thermal plasma processing and Monolith’s innovative pyrolysis process to drive innovation in the production of low-emission carbon black and hydrogen. The partnership provides customers with the opportunity to witness the transformative research conducted by Mines Paris firsthand and explore new applications of low-emission carbon black in various industries.
The House of Representatives has passed legislation to restore first-year expensing of research and development (R&D) investments by American businesses, a provision that was eliminated in the 2017 Tax Cuts and Jobs Act (TCJA). The change has disincentivized innovation and disproportionately impacted startups due to their heavy investment in R&D. The bill, known as the Tax Relief for American Families and Workers Act, has bipartisan support and is expected to be considered by the Senate in the coming months.
Goldman Sachs recommends investing in companies that allocate significant resources to capital expenditures (capex) and research and development (R&D). According to the bank, these companies have outperformed those focusing on shareholder returns through buybacks and dividends by 2 percentage points this year. Goldman highlights the positive economic outlook, citing rebounding global manufacturing data. Historically, investors have rewarded companies investing in growth during periods of economic acceleration.
Vaxxinity Inc., a biotechnology company, has announced its decision to voluntarily delist and deregister its Class A common stock from the Nasdaq exchange. The move comes after the company failed to meet the minimum bid price requirement set by Nasdaq and amid low trading volume. The company believes that delisting will allow it to focus on research and development efforts without being distracted by stock price fluctuations.
India, once a global economic powerhouse, has experienced a significant decline in its economic standing since its colonization by Britain. However, with its vast population and recent liberalization policies, India has the potential to regain its place among the top economies. To achieve this, India needs to address key challenges such as deepening liberalization, enhancing tax collection, boosting research and development, addressing inequality, and strengthening governance at all levels. Building a consensus among diverse stakeholders and bridging the gap between rural and urban areas is crucial for India to sustain its growth and become a major engine of growth for the world.