The Smart Meter Industry like the rest of the Smart Grid Industry is seeing an astounding pace of consolidation as big industrial conglomerates like Siemens,ABB,Schneider Electric and others gobble up smaller companies at a rapid pace.Smart Meter Manufacturers which were already not many are growing even smaller as the smaller independent companies are acquired by the larger more established giant MNCs.The Energy Efficiency and the Smart Grid industries will see a rapid growth as the demand grows for reducing global greenhouse emissions,increasing amounts of renewable energy integration into the grid and rising prices of fossil fuels.Unlike solar and wind industry,independent companies in the Smart Grid are not as large as they require relationships with utilities,a bigger portfolio of products and longer history to survive.Bigger companies like Cisco,Honeywell,GE have mentioned the importance of Energy Efficiency and are going all out to achieve dominance.Smart Meter Manufacturers which traditionally had a presence in the water and gas metering area have found a huge growth area in the Electricity Smart Metering industry.With the power grid almost a 100 years old,newer smarter meters are needed as essential pieces of infrastructure to implement a smart grid.Here is a list of the major smart meter manufacturers.
India’s Wind Energy Market is the 5th largest in the world and is the biggest renewable energy sector in India (non-hydro).Wind Power forms almost 70% of the Alternative Energy Capacity in the country and will have an important role to play to meet India’s target of 10% Renewable Energy from Electricity by 2020.Wind Energy is very cost effective in terms of cost and is approaching Gas Electricity Prices.Combined with the favorable tax treatment,accelerated depreciation,subsidies by different sates,Wind Energy has become the favored Green Energy Sector for investment by large private sector companies.Wind Power Plants are increasing in number and scale as larger companies like Caparo enter the Wind Power Sector.Wind Turbine Manufacturers in India are fast expanding capacity and investment to capitalize on this opportunity.Suzlon remains the Bid Daddy of the Wind Industry in India,however a number of foreign and domestic Wind Turbine Manufacturers are giving it a run for its money.Global Wind Turbine Leaders like Siemens,Enercon,GE have started Wind Turbine Equipment Manufacturing in India in recent times to lower their costs.Here is a list of the Major Wind Turbines available in India of different types and capacities from the various Different Wind Manufacturers.
It is surprising to see the US Media jumping about saying the General Electric will build the biggest solar factory in the US when it is completely factually wrong.There are other companies that add 400 MW in a single quarter these days (eg.LDK). By the time GE builds its 400 MW Cadmium Tellurium Solar Panel facility,there will be around 20 players in the world with more than 1000 MW capacity.GE has been claiming high efficiencies for its Thin Film Solar Panels but the claims that it will be able to dethrone First Solar as the Leader seems far fetched currently.Note First Solar will have almost 7 times more capacity worldwide by the time GE builds its first solar panel facility.GE has been long been developing the Cadmium Tellurium Technology buying up Prime Solar.
India’s Economy is being hampered in its growth trajectory by lack of infrastructure which is leading to supply side problems.India suffers woefully from a lack of roads,electricity,ports etc. and almost a trillion dollars is going to be spent in the next few years as demand outstrips supply.India’s Machinery and Capital Goods Industry is set to capitalize on this strong growth and is already seeing massive orders which are 2-3 years worth of their annual revenue.While the stock valuations of the capital goods equipment manufacturers has come down a bit from the heavy days of 2008,they are still quite high reflecting the strong growth potential.India’s Engineering Industry is also composed of a number of smaller manufacturers that export light engineering equipment worth several billion dollars mostly to developing countries.India’s Machinery Sector is composed of a mix of government owned and private companies as well as the giant capital goods MCN conglomerates like Areva and others.Here is a list of the major Indian equipment manufacturers.
The situation at the Fukushima Dai-Ichi power plant continued to be desperate as new fires and explosions rocked the nuclear plant.The utility which owns and operates the Nuclear Reactors Tepco said that the containment structure may have been damaged as smoke was seen from top of one of the reactors.70% of the Fuel Rods at Nuclear Reactor 1 and 33% at Reactor 2 have been exposed.This means that these fuel rods are not being cooled and may be melting leading to increased radiation poisoning hazards.New Fire broke out on the morning of 16th March at Reactor No.4 and containment chamber at Reactor 2 is damaged from Reactor 2.The problems at the Nuclear Plant seems to be increasing with no solution in sight.What is worse is that the 2 reactors No.5 and 6 which have been dormant all this time have all seen their temperature .increasing.Temperatures in the spent fuel rod cooling pools of the shuttered No. 5 and No. 6 reactors were rising as of 7 a.m. today to about 60 degrees Celsius (140 degrees Fahrenheit)
The Tsunami Nuclear Energy Disaster which is unfolding in Japan highlights that Nuclear Energy can cause some very serious damage though the safety of the nuclear reactors are highly touted in the media by the Nuclear Energy Industry.These Nuclear Plants in Japan are quite old but so are most of the Nuclear Energy facilities in the West.Most of these Nuclear Plants are susceptible to serious natural disasters like earthquakes and tsunamis.In case of a nuclear meltdown the radiation from the Nuclear Plants can not only cause more deaths and injuries from natural causes but also make the area around the Nuclear Plant uninhabitable for hundreds of years.India and China are on a major Nuclear Energy Building Spree even though their nuclear plants have faced minor accidents in recent years.With this Nuclear Disaster,the protests in the se countries are set to grow with NIMBY becoming the biggest hurdle.Already protests are being held in Jaitapur in Maharashtra over damage to the ecology,expect the Japan’s nuclear reactor incident to basically kill this Areva-NPCIL plant.Nuclear plants in the US and Europe are already facing huge cost and time overruns.This new problem should cause those projects to also die off.