Energy Transition and Rollout of Renewables. According to the International Energy Agency (IEA), global renewable generation capacity is expected to increase by almost 2,400 GW (75%) from 2022 to 2027 ...

The global clean energy transition has passed a tipping point as renewable energies have simply become too cheap to fail. Worldwide, nations both rich and poor are rushing to install more and more ...

According to the UN, nearly two-thirds of the global population is set to live in cities by 2050. Coupled with environmental concerns that are pushing trends such as digitalization and electric ...

Tim Mills, the CEO of distribution transformer manufacturer ERMCO Inc., is preoccupied by a central question: How to address the ever-growing supply and demand gap in the U.S. electric-power market ...

Transformers Market: Efficiency in Flux | Asia Pacific 6.4% CAGR by Singapore, South Korea, China, Hong Kong, Japan, Taiwan Increase in demand for smart transformers in smart grids and rise in demand ...

The global power transformer market size was US$ 30.5 billion in 2021. The global power transformer market is forecast to grow to US$ 51.1 billion by 2030 by growing at a compound annual growth rate ...