Asia-Pacific Region Provides Best Opportunities In Declining Global Gas Turbine Market: GlobalData.
The global gas turbine market is set to fall from $8.49 billion in 2016 to around $7.73 billion by 2021, representing a negative compound annual growth rate of 1.87%, according to research and consulting firm GlobalData.
The company’s latest report states that global economic recession and the decrease in the price of gas turbines has heavily impacted market value, with a large number of projects being cancelled or postponed, and widespread delays in maintenance projects. Gas turbine companies are now concentrating on expanding their operations in emerging markets, which offer the best opportunities for growth.
Denne historien er fra May 2017-utgaven av Power Watch India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra May 2017-utgaven av Power Watch India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Time Is Ripe for Adoption of Innovative Technologies
Amit Vaidya, Director, Strategic Customer Team, India, Sensus speaks about the potential of the UDAY scheme and the need for deployment of automation and smart technologies in the distribution infrastructure, in an interview with Monica Chaturvedi Charna...
Conext Inverter Will Reduce the Levelised Cost of Energy
Anurag Garg, Vice President – Solar Business, Schneider Electric, speaks about the company’s latest launch, an inverter that will help cut down the operational cost of solar power plants, in an interview with Monica Chaturvedi Charna...
Hands Off My Discom!
Most people who take an interest in the electricity sector are aware that the discom train has clearly jumped off the rails in a large number of Indian states.
There is Immense Business Opportunity in the Metering Space
Says Gautam Seth – Jt. Managing Director, HPL Electric and Power Ltd., in conversation with Monica Chaturvedi Charna...
Solar Is in Comfortable Position, Does Not Require Hand Holding
Dev Arora – Founder and CEO, 8 Minutes Future Energy Pvt Ltd expresses enthusiasm over the solar sector’s performance in India, with investments on the rise and storage being the next big thing to look out for, in an interview with Monica Chaturvedi Charna...
india is the 2nd largest led market in the world
states neelima jain, national programme manager, energy efficiency services ltd, in an interview with monica chaturvedi charna...
Recommendations for Energy Storage in India
India’s energy sector has grown rapidly over the last year driven by policies, reforms and investments. Various policy initiatives such as introduction of UDAY, amendments in National Electricity Act, new solar RPO target for states, biofuel policy, small hydro policy, offshore wind policy and new hydrocarbon policy have all contributed to growth of the industry. However, there is still a long way to go with some persisting issues requiring attention and resolution at the earliest, making the upcoming budget crucial to the energy sector.
Report
Asia-Pacific Region Provides Best Opportunities In Declining Global Gas Turbine Market: GlobalData.
Backup Power
Decision-makers should put in place backup power with safeguards including computer-security measures so that the system offers round-the-clock power and is protected from all sorts of disruptions.
Microgrids Enable A Greater Level Of Penetration For RE
Says Sanjith S Shetty, Vice Chairman and Managing Director, Soham Renewable Energy India (P) Ltd, in conversation with R Srinivasan.
