Real-time data visibility is the most crucial aspect of modern supply chain management. Companies should utilize Internet of Things (IoT) devices, blockchain technology and cloud-based platforms to monitor their global supply chain networks. This gives key details on inventory levels, manufacturing progress, and shipping schedules.
To accelerate the adoption of technological innovation and digitalization in the renewable energy sector, concerted efforts are needed from policymakers, industry leaders, and technologists alike. Governments can create supportive policy environments, invest in research and development by providing incentives, at the same time supporting early-stage companies by creating favorable regulatory environments to fostering public-private partnerships.
Maximo the robot will soon help to construct the 2 GW Bellefield solar project in California.
The adoption of smart technologies is reshaping the utilities industry, with a particular focus on smart grids. Smart grids leverage advanced sensors, Internet of Things (IoT) devices, and real-time data analytics to transform how electricity is generated, distributed, and consumed.
Routine inspections, monitoring systems, and predictive maintenance techniques play a vital role in optimizing energy output and ensuring the success and longevity of solar and wind power projects.
The rise of Artificial Intelligence (AI) technologies presents a big opportunity for the energy industry. AI and the language of the input query provide us with a powerful tool against incorrect information.
Tata Power will deploy US-based AutoGrid’s software application for electricity load management in Mumbai. It aims to engage 55,000 residential consumers and 6,000 large C&I customers to achieve 75 MW of peak capacity reduction within the first six months. It also plans to scale up the capacity reduction to 200 MW by the summer of 2025.
Gujarat-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has entered the European market by securing a deal with Thessaloniki-based SunSolarWind for 70 MW of solar assets.
ABB has adopted Industry 5.0 production processes at its smart power solutions factory in Bengaluru. With “cobots” working alongside humans, the factory’s productivity has improved by 40%, while energy productivity has gone up by more than 15%.
Adani has partnered with Israel Innovation Authority to leverage the broad Israeli technology ecosystem for its diverse businesses in renewable energy, logistics, and more. The partnership provides Israeli companies a unique opportunity to codevelop, pilot, and scale up innovative technologies by utilizing Adani’s extensive industrial asset base.
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