The market for drones in the power and utility industry will grow 23.6% annually, reaching $515 million by 2030—according to a Frost & Sullivan report.
The report, Drones in the Global Power and Utilities Industry, Forecast to 2030, cites ongoing digital transformation, remote monitoring, and the need to optimize operational costs as the factors driving increasing adoption of drones in the power and utility industry.
“Drones minimize the need to send human employees onsite and can be deployed for monitoring, operations, and maintenance services. As the global power and utility industry continues to tackle the impact of the ongoing Covid-19 pandemic, drones can be potential game-changers in combating the challenges it poses,” as per the report.
pv magazine spoke to Supreeth Srinivasa Rao, Associate Director, Industrial Practice, Frost & Sullivan, to find out the role of drones in the solar sector, especially for India.
India Ratings says the power demand declined for March and April 2020, taking a hit on generation from thermal sources as renewables continued to enjoy ‘must run’ status.
Researchers from Finland’s Lappeenranta University of Technology have assessed the economic advantages of a fully interconnected global network. They found that an international grid could contribute to a global LCOE of €52.50/MWh. The higher complexity of such a system, however, would only be marginally compensated by additional economic benefits.
Distributed generation with battery storage can revolutionize solar development in India in the shortest time period with minimal investment.
The draft Electricity Bill 2020 moves us with a toolbox of structural reforms, towards not only efficient but also a progressive electricity market.
Larsen & Toubro has secured EPC orders totaling 500 MW grid-connected solar capacity, in addition to significant contracts in India and overseas for power transmission and distribution.
The project involves laying over 300 km of 765 kV double-circuit transmission lines connecting 765/400 kV Lakadia substation to Vadodara substation in Gujarat.
The government has been quick to announce major infrastructure projects for Ladakh, realizing the union territory’s potential for production of solar energy, which could be a boon for the entire country.
The Climate Investment Platform launched by three multilateral bodies in September is now open for business and renewables companies in developing nations across 14 regions including south Asia could qualify for help with clean energy facilities, renewables-related grid improvements and energy efficiency schemes.
Following a 20 MW floating solar project in Uttar Pradesh last month, Larsen & Toubro has won an order to design and construct a 50 MW solar plant in Tamil Nadu.
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