Demand for Rural Electrification Seals Asia Pacific’s Dominance in Global Small Hydropower Market
The rising demand for renewable sources of energy is the chief factor aiding the expansion of the global small hydropower market. Currently, Asia Pacific is exhibiting incredible opportunities for the market, holding a position of dominance with a share of over 70% in 2014. The region is projected to maintain its lead over the forthcoming years as well. Europe held the second-leading share of nearly 13% in the market in 2014 and is expected to maintain its position between 2015 and 2023.
Date: Dec 05
Global Microgrids Market Driven by Requirement of Renewable Sources of Energy
A microgrid is an energy system with distributed energy sources which, although connected to the main power grid, can also function autonomously for significant durations. It comprises systems that enable generation, storage, and demand management of energy. A microgrid serve the purpose of ensuring reliable and affordable energy security, especially for the urban population as well as commercial and industrial consumers.
According to a report by Transparency Market Research, the global market
Date: Dec 01
High Installation of Geothermal Heat Pumps in Commercial Sector to Bode Well for Market Growth
With players striving to attain a stable and prominent position in the market through product innovation, the level of competition among them is intense. The leading market players compete in terms of pricing strategies and by implementing smart marketing strategies. However, the scope of differentiating products is quite low in the geothermal heat pumps market. The leading multinational companies have an advantage over medium and small-sized installers and manufacturers owing to the access they
Date: Nov 25
Solar Street Lighting Market to Exhibit Steady Growth due to Widespread Government Support
Solar street lighting has emerged as the ideal solution for widespread street lighting installations due to their environmental viability and high efficiency. The rising demand for environmentally sound and sustainable energy generation is likely to ensure steady growth of the global solar street lighting market in the coming years. The global solar street lighting market is expected to reach an annual revenue figure of US$17.8 bn by the end of 2024, growing upon its 2015 valuation of US$2.7 bn
Date: Nov 23
IoT Finds its Place in Connected Mining Technologies
The mining and metals industry and all its relevant segments can expected to get themselves a major overhaul thanks to the incorporation of connected mining technologies. Things are, however, already being taken a step ahead, with the indoctrination of the Internet of Things concepts and technologies in to connected mining. Mining and resource extraction is as hazardous as it is complex, and worker safety is paramount regardless of the circumstance. Additionally, most mining companies are a part
Date: Sep 26
Increase in Drilling Activities to Create High Demand for Packers
Packers are highly in demand from the emerging economies of Brazil, China, and India, thus driving the market. Both national and private companies in these countries are exploring new oil and gas reserves, which is driving the demand for packers. While permanent packers can only be removed from a wellbore by milling, retrievable packers can be removed after the drilling operation and after the tubing is extracted from the wellbore.
Advantages of Packers:
Packers protect the casing from cor
Date: Sep 01
Flexible Physical Characteristics of Organic Solar Cell to Boost their Demand
Technological advancements in solar cell technologies have led to the introduction of a new class of solar cells, called organic solar cells. These cells make use of organic electronics to convert solar energy into electrical energy. The concept of organic solar cells have gained acceptance, despite it being a new technology, owing to the low manufacturing costs and ultra-thin, transparent, and flexible characteristics of these cells. Due to these physical properties, organic solar cells have be
Date: Aug 19
Depleting Production of Shallow Water Fields Boosts Subsea Manifolds Market
Offshore projects are highly capital intensive and thus, players in offshore market are constantly striving for ways to optimize their production levels, but at economical rates. Subsea manifolds as such are being used by offshore exploration and production companies to boost oil production in oil fields in a cost effective manner. The subsea manifolds are thus extremely vital for the drilling activities in the offshore hydrocarbon reserves. Additionally, subsea manifolds are vital for deep wate
Date: Aug 18
Environment Sustainability, Government Support to Expand Utilization of Liquefied Natural Gas
At present, the demand for liquefied natural gas is on the rise due to environmental benefits and ease of handling. Natural gas causes half the amount of pollution than that caused by coal in power generation, thus making it an increasingly popular energy source. The ease of storage and transportation of natural gas over long distances helps in expanding the supply and enhancing energy security in the long run.
The liquefied natural gas (LNG) industry though relatively new, is now an integral
Date: Jul 27
Measures to Control Sulfur Emissions Due to Environmental Reasons Lead to Deployment of Flue Gas Desulfurization Systems
Carbon dioxide, carbon monoxide, and sulfur dioxide are air pollutants, among which sulfur dioxide is the key pollutant that is emitted along with flue gas exhaust of fossil fuel operated power plants. The emission of sulfur dioxide has health and environmental implications, because of which flue gas desulfurization has been enforced in many countries for scrubbing SO2 from flue gasses.
Worldwide, the consistently increasing demand for energy has led to an exponential growth of the power indu
Date: Jul 26