Also on the rise: Zero-emission vehicle builder Hyzon Motors plans a Saudi production plant, and a project to use retired EV batteries for solar energy storage advances in a nationwide competition.
Accela, a provider of cloud-based solutions for government, announced a new partnership with the National Renewable Energy Laboratory to launch SolarAPP+ (Solar Automated Permit Processing Plus), a new instant online solar permitting platform for residential solar energy and battery projects.
The software-as-a-service will be rolled out to 1,500 agencies and made available to Accela’s current state and local customers. The tool is designed to speed solar permitting timelines from an average of two weeks to instantaneous. Accela said it works with over 80% of the largest cities in the United States and has been partnering with agencies to modernize solar permitting.
The NREL-designed tool catches any code issues, typos, and other errors, and returns corrections to the applicant, allowing simple projects to move forward quickly while creating more bandwidth for staff to focus on more complex or unique applications. Accela said its customers can integrate SolarAPP+ into software to speed up review and approval processes and track permits within a single system.
Hyzon signs development MOU
Rochester, New York-based Hyzon Motors and Modern Industrial Investment Holding Group, a Saudi industrial conglomerate, signed a memorandum of understanding (MOU) with NEOM Company to develop a plant in Saudi Arabia to assemble hydrogen-fueled vehicles.
Under the agreement, Hyzon and its partners will work over the next 18 months to finalize plans for the facility, which is expected to be able to assemble up to 10,000 vehicles a year. Hyzon and Modern Group plan to incorporate a joint venture company, Hyzon Motors Middle East, to focus on supplying Hyzon-branded commercial vehicles throughout Saudi Arabia.
NEOM is part of the portfolio of Saudi Arabia’s Public Investment Fund, one of the largest sovereign wealth funds in the world.
Earlier, Hyzon signed a separate MOU for a joint venture with renewable fuels company Raven SR. The two plan to build up to 100 hydrogen production hubs across the United States and globally. As part of the deal, Hyzon said it would acquire a minority interest in Wyoming-based Raven.
Second life for retired EV batteries
A team of researchers from Utah State University and Maryland-based security research firm Dream Team were named as finalists in the fourth round of the nationwide American-Made Solar Prize competition.
The team is developing solar energy storage systems using retired batteries from electric vehicles. For their submission, researchers developed solar energy storage systems using retired batteries from electric vehicles. They said the goal is to reduce the cost of solar energy storage systems by 50%. Their approach is bolstered by the fact that the cost of electrical vehicle retired batteries is lower, and can be used to fuel energy storage systems with newly developed active life-balancing technologies. Retired EV batteries may still hold up to 85% of their original storage capacity.
Supported by the Department of Energy and the National Renewable Energy Laboratory, the prize is a $3 million competition designed to transform the best ideas around solar into technology solutions that are ready for market. Last year, 121 teams submitted ideas to the three-stage competition. In December, semifinalist teams were selected to move on in the competition. And in early April, finalist teams were announced, each earning a $100,000 cash prize, $75,000 in technical support funding, and a spot to compete in the final contest this September.
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How Young Entrepreneur Jeff Clayton Is Innovating the Dropshipping Logistics Industry
Jeff Clayton – An Innovator from an Early Age
Just who is Jeff Clayton? On the surface, he’s an average guy hailing from San Jose, California who loves fast cars and telling stories. While he had a myriad of interests while growing up, he was primarily inspired by his grandfather, Wallace. Wallace Osato ran a successful transcontinental agriculture and logistics company. It was while learning from his grandfather on the job that Jeff Clayton found his passion for discovering and leveraging smart solutions for novel problems.
He was particularly inspired when his grandfather – in the act that cemented his company’s success – figured out a clever and efficient way to transport produce all across the country for mass distribution. Jeff learned a key lesson: that the team responsible for managing shipping logistics was just as important as teams involved in producing products and resources.
Jeff Clayton’s Early Professional Career
As he grew up, Jeff’s interest in problem-solving in overlooked areas never faded. After dropping out from Chapman University in 2019 after two years, Jeff launched a variety of eCommerce businesses, all from his laptop. Over the first couple of years of his professional career, Jeff’s companies generated nearly $3 million in revenue.
But despite this apparent success, Jeff knew that he could do better. He also discovered that drop shipping retailers and customers were experiencing similar issues: overall slow shipping times and substandard quality of delivered goods. The bottom line was that consumers weren’t satisfied.
Jeff sat down and looked at the dropshipping industry’s usual practices. While he and many other entrepreneurs have noted that dropshipping as a general process is fantastic for merchants that need consistent and immediate cash flow, dropshipping is also in need of serious improvement industry-wide in terms of logistics and product quality.
Simply put, he knew that unless dropshipping’s order fulfillment quality and logistics efficiency were upgraded, it wouldn’t take off as an alternative option for consumers, especially when compared to shopping at a retailer that keeps physical stock.
Drophaus – A New Way to Coordinate Dropshipping
Not one to give up, Jeff decided to take things into his own hands and created Drophaus in July 2020 with his business partner, Jason. This new drop shipping logistics company immediately teamed up with a warehouse in China. The company’s goal? Nothing short of revolutionizing the dropshipping logistics and operations industry.
Jeff decided to focus on revitalizing and streamlining the dropshipping shipment process. He worked with his partnered warehouse to procure products for various merchants so they could fulfill their own dropshipping orders.
The company took off. Drophaus now makes dropshipping much simpler for retailers that don’t maintain their own stocks of various products. In addition, Drophaus cuts out the middleman by sending a sourcing team straight to quality manufacturers so that merchants can get the specific, customized products that they’re looking for, all with clear, transparent communication.
In less than a year, Jeff’s new company has achieved an average delivery time of just seven to fourteen days, which is significantly faster than competitor dropshipping companies. But that’s not all – under Jeff’s leadership, Drophaus has managed to make seven figures in revenue, and all without any outside funding.
Now that other companies and dropshipping fulfillers have discovered the good that Drophaus can do for them, more and more are starting to sign on as clients, captivated and intrigued by Jeff Clayton’s entrepreneurial spirit and work ethic. Believe it or not, all of that was done without a dollar spent on marketing – that business comes just from word of mouth.
Jeff Clayton’s Future
What’s next? For now, Jeff is laser-focused on running Drophaus and streamlining his new company so it becomes as profitable and efficient as possible. In the long-term future, Jeff sees himself continuing to reinvent the wider drop shipping logistics industry. With enough success, he even thinks that he’ll be able to convince other dropshippers to adopt many of his methods and techniques.
Who can say what the future holds? One thing is for certain: no matter what happens with Drophaus or dropshipping, Jeff Clayton will be at the forefront of new developments, driving change and innovation even when no one else will.
Pan American Silver Announces Results of Annual General and Special Meeting
VANCOUVER, BC, May 13, 2021 /PRNewswire/ – Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American Silver” or the “Company”) today reported the voting results from its annual general and special meeting of shareholders held May 12, 2021 in Vancouver, British Columbia (the “Meeting”). Each of the matters voted upon at the Meeting is described in detail in the Company’s Management Information Circular dated March 22, 2021, which is available on the Company’s website at panamericansilver.com.
A total of 136,374,011 common shares were represented at the meeting, being 64.86% of the Company’s issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditors for the ensuing year and the authorization of the directors to fix the auditor’s remuneration, the acceptance of the Company’s approach to executive compensation, known as “say-on-pay”, and the election of management’s nominees as directors.
Election of Directors
Neil de Gelder
As previously announced on February 3, 2021, Ross Beaty retired from the Company’s Board of Directors and has been designated Chair Emeritus. Gillian Winckler has been appointed the Company’s new Chair. We are also pleased to announce the election of Jennifer Maki to the Company’s Board.
Advisory resolution approving the Company’s approach to
Appointment of Auditor
Resolution to appoint Deloitte LLP as auditors of the Company
About Pan American Silver
Pan American Silver owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. As the world’s second largest primary silver producer with the largest silver reserve base globally, we provide enhanced exposure to silver in addition to a diversified portfolio of gold producing assets. Pan American Silver has a 27-year history of operating in Latin America, earning an industry-leading reputation for corporate social responsibility, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol “PAAS”.
Learn more at panamericansilver.com.
SOURCE Pan American Silver Corp.
Laser Marking Equipment Market to grow by USD 535.39 Million during 2021-2025 | Amonics Ltd. and Coherent Inc. emerge as Key Contributors to growth | Technavio
- Based on segmentation by product, which is the leading segment in the market?
Fiber laser machines led the laser marking equipment market in 2020 and are expected to continue growing at a similar pace in the forecast years.
- What are the major trends in the market?
The rise in automation and the growth of coding and marking applications in the packaging industry will impact market growth positively in the long run.
- At what rate is the market projected to grow?
The market is projected to grow at a CAGR of almost 5% during the forecast period.
- What is the key market challenge?
Lack of skilled operators may impede the market growth.
- How big is the APAC market?
47% of the growth will originate from APAC.
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Laser Cladding Equipment Market by Power, End-user, and Geography – Forecast and Analysis 2020-2024: The laser marking equipment market has the potential to grow by USD 535.39 million during 2021-2025, according to Technavio. Download PDF Sample
Global Fiber Laser Market by Application and Geography – Forecast and Analysis 2021-2025: The fiber laser market size has the potential to grow by USD 9.92 billion during 2021-2025, according to Technavio. Download PDF Sample
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amonics Ltd., Coherent Inc., FANUC Corp., IPG Photonics Corp., Jenoptik AG, MKS Instruments Inc., NKT AS, OMRON Corp., TRUMPF GmbH + Co. KG, and TYKMA Electrox Inc. are some of the major market participants. Although the rise in automation, metal additive manufacturing, and growing coding and marking applications in the packaging industry will offer immense growth opportunities, the lack of skilled operators is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this laser marking equipment market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Laser Marking Equipment Market 2021-2025: Segmentation
Laser Marking Equipment Market is segmented as below:
- Fiber Laser Machines
- CO2 Laser Marking Equipment
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43054
Laser Marking Equipment Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The laser marking equipment market report covers the following areas:
- Laser Marking Equipment Market Size
- Laser Marking Equipment Market Trends
- Laser Marking Equipment Market Industry Analysis
This study identifies the growing coding and marking applications in the packaging industry as one of the prime reasons driving the laser marking equipment market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Laser Marking Equipment Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist laser marking equipment market growth during the next five years
- Estimation of the laser marking equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the laser marking equipment market across APAC, Europe, North America, MEA, and South America
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of laser marking equipment market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Fiber laser machines – Market size and forecast 2020-2025
- CO2 laser marking equipment – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by Product
- Customer landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- North America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Competitive scenario
- Vendors covered
- Market positioning of vendors
- Amonics Ltd.
- Coherent Inc.
- FANUC Corp.
- IPG Photonics Corp.
- Jenoptik AG
- MKS Instruments Inc.
- NKT AS
- OMRON Corp.
- TRUMPF GmbH + Co. KG
- TYKMA Electrox Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Coinsmart. Beste Bitcoin-Börse in Europa
IEEE-USA Commends 2021 Endless Frontier Act
The EFA utilizes one of America’s greatest strengths – technological innovation – to stimulate economic growth across our country and workforce. Focusing on ten broad areas of research, the bill invests in our universities and national labs to produce the ideas and insights necessary to fuel our technology-centric economy.
But the EFA is much more than just a research bill. Ideas are important, but to realize the full value of innovation, those ideas must become products, companies, and industries. The EFA recognizes this by creating and expanding America’s technology transfer infrastructure to move ideas developed in our universities into the marketplace quickly, and by insisting that this new infrastructure be built all across the country, not just in areas that are already global leaders in innovation.
Crucially, the EFA will invest in American workers across the technology spectrum, developing their specialized skills through grants and scholarships. America’s technology-based economy needs all types of skilled professionals, and the EFA will make sure that we have them. In doing so, the EFA will ensure that the benefits of American innovation are spread widely across the country and deeply across the American workforce.
“The Endless Frontier Act recognizes that America’s technological and national security are tightly linked to our economic competitiveness,” said Will Robinson, 2021 Vice President of Government Relations, IEEE-USA. “Investments in research and technology transfer are among the most effective and important economic development tools we have as a nation, and the EFA is a welcome step in the right direction.”
The full text of the Endless Frontier Act can be found here.
IEEE-USA serves the public good and promotes the careers and public policy interests of 150,000 engineering, computing and technology professionals who are U.S. members of IEEE, the world’s largest technical professional organization.
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