Promonique
Promonique

LV switchgear market revenue set to surge past $57.89 bn by 2030

The market projections indicate a robust Compound Annual Growth Rate (CAGR) of 10.40% from 2022 to 2030. The Low Voltage Switchgear Market is poised for substantial growth, with projections indicating…

A review of the distribution transformer market

Distribution Transformer Market Scenario In the projected 2022-2030, the distribution transformer market is expected to grow at an 8.70 percent CAGR. The global distribution transformer market is likely to be…

Global trends pushing the demand for industrial generators’ market

This article talks about the ongoing global trends that are regenerating the demand pattern for industrial diesel generators across the industries. Driven by the importance of emergency preparedness for storm…

Integrating RE into grid will expand the demand for power transformers

 The expanding renewable integration across the power grid sector, as well as the refurbishment of T&D infrastructure, would propel the Indian power transformer market to new heights. According to a…

Fiscal investments can promote adoption of rooftop solar in India

Micro, Small and Medium-sized Enterprises could be the future growth drivers to increase investments in the rooftop solar segment in India. Micro, Small and Medium-sized Enterprises (MSMEs) could be the…

Demand for switchgears will be fuelled by renewable energy

The environmental condition is a crucial factor that has to be considered before installing electrical devices, which include switchgear. The ongoing COVID-19 pandemic has impacted the switchgear industry globally. Due…

Deployment of T&M instrument to boost digital transition

Growing need for communication tests and measurement equipment is set to witness a significant growth in test and measurement market. The Test and Measurement Equipment market is forecasted to reach…

IEX trades 7,093 MU of power in June 2021

The national peak demand saw 16 percent YoY increase, with the highest-ever peak demand at 191.51 GW. The Indian Energy Exchange (IEX) traded 7,093 MU of electricity volume in June…

IoT enabled smart grid gateways for connected energy network

HMS Networks is now expanding its Ixxat® SG-gateway series for networking of energy components. Two new multi-IO versions allow traditional IO-sensors as well as sensors or devices in Wi-Fi networks…

NITI Aayog, RMI India release report of financing India’s EV’s transition

NITI Aayog and Rocky Mountain Institute (RMI) India released a new report ‘Mobilising Electric Vehicle Financing in India’, which highlights the role of finance in India’s transition to electric vehicles…

CTCI strikes deal with Copenhagen infrastructure

Following a successful contract award for an offshore wind turbine transition pieces project in 2019, CTCI MAC, a subsidiary of CTCI–the largest EPC turnkey project services contractor in Taiwan, has…

Second commercial-use MEGAMIE system by MHPS supplies clean power with low CO2 emissions

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has delivered MEGAMIE, its pressurised hybrid power system combining a solid oxide fuel cell (SOFC) with a micro gas turbine (MGT), to the HAZAMA…

The next generation of MPD most user friendly technology

OMICRON’s MPD 800 universal partial discharge (PD) measurement and analysis system represents the next generation of the company’s innovative MPD PD testing technology, which is based on 20 years of…

Demand shocks to dominate global oil market in 2020

The global oil market’s reaction to the emergence of the coronavirus has been large and swift. Oil prices lost nearly 20 percent of their value between late January and early…

India could attract US$500 to 700bn in new investment in renewable sector by 2030

The report finds a key prerequisite for continuing India’s renewable energy investment ambition is concurrently building out and modernising India’s national transmission grid to accelerate the enormous progress achieved over…

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