Schneider Electric's Lauritz Knudsen Driving Renewable Energy Growth with Innovation
Key Ideas
- Lauritz Knudsen, under Schneider Electric, is focusing on renewable energy innovations like hydrogen analyzers and wind energy systems.
- The company is investing significantly in manufacturing plants, R&D labs, and automation lines to enhance its capacity and support future technologies.
- Schneider Electric aims to invest EUR 2 billion globally from 2024 to 2027, with significant investments in India to support the country's renewable energy goals.
- Lauritz Knudsen is actively participating in the EV charging infrastructure ecosystem and working towards integrating e-mobility components into larger solutions.
Schneider Electric's subsidiary, Lauritz Knudsen, is driving growth in renewable energy by focusing on innovations such as hydrogen analyzers, wind energy systems, and becoming a part of the EV charging infrastructure. The company's Chief Operating Officer, Naresh Kumar, emphasized their dedication to clean and renewable energy, with a specific focus on the new energy landscape. They are investing significantly in manufacturing plants, R&D labs, and automation lines to enhance their capacity and develop products aligned with future technologies. Lauritz Knudsen is part of Schneider Electric's global investment plan, aiming to invest EUR 2 billion from 2024 to 2027, with a particular focus on the Indian market to support the country's goal of achieving 500 gigawatts of renewable energy by 2030. The company is actively involved in developing high-breaking-capacity, high-voltage, and green products to meet the evolving market demands. Additionally, Lauritz Knudsen is integrating into the EV charging infrastructure ecosystem, showcasing products at events like Elecrama and working towards providing comprehensive solutions for e-mobility. Customers' demands for energy efficiency and productivity measurement are also driving the company's product development efforts.
Topics
India
Renewable Energy
Infrastructure
Innovation
Sustainability
Investment
Electric Vehicles
Manufacturing
R&D
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