China switches on giant smart transformer
The new 750 MVA DC unit aims to strengthen long-distance power links, boost grid stability and better handle swings from wind and solar energy.
Smart transformers: Revolutionizing the renewable energy landscape
The global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy.
Power, distribution and specialty transformer global market 2021
The global transformer market is expected to grow from $184.21 B in 2020 to $202.08 B in 2021 at a compound annual growth rate (CAGR) of 9.7 %.