ABB's acquisition of Gamesa Electric's power electronics business strengthens its position in the renewable energy market, enabling it to offer a wider range of solutions and services to its customers.
Schneider Electric is leading the charge in modernizing aging electric grids, with innovative smart grid solutions designed to enhance resiliency and flexibility. As the energy sector faces increasing demands for sustainable practices, approximately 40% of the existing grid infrastructure, which is over 40 years old, needs urgent upgrades. Schneider Electric's new offerings, such as the Net Zero Dashboard and EcoStruxure DERMS, empower utilities to effectively monitor emissions and manage the complexities of distributed renewable assets. By adopting these advanced technologies, businesses can achieve their sustainability goals while ensuring reliable energy delivery in a rapidly evolving landscape.
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