Piyush Nahar Director Marketing, Eaton
How is the industry benefiting from growing investment in renewable energy?
A significant portion of investment is directed towards clean energy technologies and infrastructure, catalysing economic growth and creating job opportunities. Concurrently, innovation and technological advancement are flourishing, driven by integrating renewable energy sources and improvements to existing infrastructure. Increased spending on grids and storage fosters innovation and propels the development of advanced technologies in the electrical industry.
Operational efficiency is vital for societal prosperity and the seamless functioning of industries. Investments in secure electrical systems enhance operational efficiency and reduce the likelihood of disruptions. Renewable energy investments bolster sustainability efforts, helping reduce the industry's carbon footprint and contributing to climate change mitigation. Additionally, sectors that adopt renewable energy and secure electrical systems gain a competitive edge by lowering energy costs and enhancing their reputation as environmentally conscious entities. Secure electrical systems are also crucial for resilience against climate change, protecting against extreme weather events, and ensuring uninterrupted operations. These benefits align with the global move towards a sustainable and secure energy future, positioning sectors that invest in these areas for long-term success.
What measures is the Centre taking to promote advanced switchgear technologies for grid modernisation, digitalisation, and climate change mitigation?
Denne historien er fra July 2024-utgaven av EPR Magazine (Electrical & Power Review).
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Denne historien er fra July 2024-utgaven av EPR Magazine (Electrical & Power Review).
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Policy reforms boosting pumped storage for RE integration
Considering the cost overruns of delayed and stalled projects, the investments required for concurred projects, and those under survey and investigation, a total investment of 1,737 billion will be required to realise the total hydropower capacity.
THDC aims 2331 MW capacity boost
The company has set an ambitious target of increasing its installed capacity by 2331 MW through the commissioning of key projects, namely, 1000 MW Tehri PSP, 1320 MW Khurja Super Thermal Power Plant, and 11 MW Floating Solar in Khurja STPP.
Advancing Pumped Storage Hydropower for Future Energy Needs
In its report, the Energy and Resources Institute TERI) has strongly emphasised the need to create large-scale Pump Storage Projects PSPs), which are most attractive and essential for optimal utilisation of the rapidly increasing solar capacity, reliable supply and grid stability.
Solar market sees 5 GW installation in Q2
According to a new report by Mercom India Research, the solar sector in India surged, with 5 GW installed in Q2 2024, showing a 170 percent Year-over-Year increase from 2023 but a 49 percent Quarter-over-Quarter drop due to infrastructure delays and regulatory impacts.
REC signs MoU with JNPA for financing ₹45,000 crore
The two entities signed a Memorandum of Understanding MoU) to facilitate financing for various upcoming projects at JNPA, including the development of Vadhavan Port.
Thermal imaging for industrial equipment maintenance
Early detection allows for prompt, targeted maintenance, ensuring continuous operation that extends equipment lifespan while providing a safer working environment.
MECO introduces pocket-ranging digital multimeter
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Rayzon Solar expanding production to 10 GW by 2024
Powering a sustainable future with cutting-edge solar innovations, supporting Viksit Bharat through energy security, job creation, and global leadership.
ABB surpasses 10GW milestone
ABB surpasses the 10GW milestone in delivering solutions for renewable energy plants in India. PLC-based automation solutions enhance renewable energy plants, including solar, wind, and BESS, reinforcing the company’s role in clean energy transition and optimising renewable energy utilisation.
Novasys Greenergy pioneers sustainable solar innovations
The company provides a comprehensive suite of photovoltaic products, applications, solutions, and services. Whether for a small domestic installation or a large-scale industrial project, it delivers tailored solutions that maximise energy efficiency and minimise environmental impact.