Latest grid stabilisation technologies News & Updates

New Delhi, June 3 (IANS) India’s rapid electrification and renewable expansion could make it one of the world’s largest markets for power equipment by 2035, a new report has said.The report from Asian Power cited McKinsey’s estimates that renewable energy equipment and high-end cables alone could represent a global opportunity of $350-400 billion by 2035, while the global power electronics market could exceed $140 billion.The consultancy said domestic electrical‑equipment consumption reach…