Technology

Automation Solutions for Renewable Power Generation Market expected to grow by USD 3.15 Billion from 2024-2028 driven by AI-powered advancements and supportive renewable policies – Technavio

Published

2 years ago

October 14, 2024

NEW YORK, Oct. 14, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Automation Solutions for Renewable Power Generation Market size is estimated to grow by USD 3.15 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.8% during the forecast period. aggressive policies supporting growth of renewable power generation is driving market growth, with a trend towards inception of new business models of automation solutions. However, cost challenges due to retrofitting automation solutions in conventional devices and machines poses a challenge – Key market players include ABB Ltd., Beckhoff Automation, Bosch Rexroth AG, Delta Electronics Inc., Eaton Corp plc, Emerson Electric Co., Fuji Electric Co. Ltd., GE Grid Solutions, Hitachi Energy Ltd., Honeywell International Inc., Intel Corp., Mitsubishi Electric Corp., OMRON Corp., Pilz GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Tata Power Co. Ltd., Toshiba Corp., and Yokogawa Electric Corp..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Automation Solutions For Renewable Power Generation Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.8%

Market growth 2024-2028

USD 3150.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.5

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 49%

Key countries

US, China, India, Germany, and Japan

Key companies profiled

ABB Ltd., Beckhoff Automation, Bosch Rexroth AG, Delta Electronics Inc., Eaton Corp plc, Emerson Electric Co., Fuji Electric Co. Ltd., GE Grid Solutions, Hitachi Energy Ltd., Honeywell International Inc., Intel Corp., Mitsubishi Electric Corp., OMRON Corp., Pilz GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Tata Power Co. Ltd., Toshiba Corp., and Yokogawa Electric Corp.

Market Driver

The Automation Solutions for Renewable Power Generation market is witnessing a significant trend with the emergence of Energy as a Service (EaaS) business models. EaaS enables customers to access energy solutions through subscription-based services, reducing the need for substantial upfront investments. This model allows businesses to outsource energy management, including installation and maintenance of renewable technologies. Advanced technologies like smart meters and IoT devices are integrated, enhancing operational efficiency and real-time energy consumption monitoring. EaaS also facilitates decentralized energy systems, enabling peer-to-peer energy trading and optimizing energy usage. As sustainability becomes a priority, EaaS provides flexible, scalable solutions that align with environmental objectives. This shift democratizes access to renewable energy and fosters innovation in energy management practices across various sectors, driving market growth during the forecast period.

The global automation solution market for renewable power generation is on the rise, driven by the increasing adoption of clean energy sources such as solar farms, wind farms, hydroelectric operations, and biomass operations. Robotic automation and process automation are key trends in this sector, enabling operational efficiency and reducing costs. Renewable power plants, including solar PV installations, solar energy, wind energy, wind power, hydropower, and biomass, are leveraging Programmable Logic Controllers (PLCs), predictive analytics software, real-time data analytics, and predictive maintenance algorithms for intelligent control. Smart grid technologies, such as prepaid grid integration and demand response, are essential for managing variable energy sources from renewable power plants. The renewable sector, including solar, wind, hydro, and biomass, is focused on climate change mitigation, environmental sustainability, and subsidies. Artificial intelligence, machine learning, distributed energy resources, and cybersecurity measures, including micro grids and blockchain, are critical for managing renewable power generation assets and ensuring grid stability. Cybersecurity solutions are also crucial to protect against greenhouse gas emissions and safeguard against cyber threats.

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

Automation solutions in renewable power generation offer numerous benefits, but integrating these systems into existing infrastructure involves substantial investment and effort. Companies must conduct a cost-benefit analysis before purchasing new automation systems, ensuring they are compatible with advanced solutions or can be retrofitted with smart devices. The proliferation of various automation devices necessitates a common operational framework for secure and effective communication. Failure to integrate systems may hinder market growth during the forecast period. Companies must carefully evaluate the compatibility and integration capabilities of potential automation solutions to maximize returns and minimize costs.In today’s business environment, the renewable power generation market faces numerous challenges, including meeting clean energy demands in the face of climate change and environmental sustainability. Subsidies for renewable sources are crucial, but operational efficiency is key to profitability. Variable energy sources like Solar PV and Wind Power require smart grid technologies, artificial intelligence, and machine learning for effective management. Distributed energy resources, micro grids, and blockchain offer solutions for energy market volatility. Cybersecurity measures are essential to protect against cyber threats. Renewable power plants, from Solar PV installations to Hydropower and Biomass, require asset management, process control, and remote monitoring for optimal performance. Next-generation digital technologies like AI and IoT solutions can help reduce downtime and improve asset performance. Government investment in renewable energy sectors is vital to meet global energy demand and reduce carbon footprint. Renewable energy generation from Renewable Energy Sectors like Solar Energy, Wind Energy, and Hydropower is crucial to combat greenhouse gases and power our world sustainably.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview

This automation solutions for renewable power generation market report extensively covers market segmentation by

End-user 1.1 Solar energy1.2 Wind energy1.3 OthersApplication 2.1 Asset management2.2 Process control2.3 Remote monitoring2.4 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Solar energy- Automation plays a crucial role in optimizing the performance of solar power plants by addressing the challenges of controlling complex systems. Advanced algorithms are essential due to the difficulty of managing solar power plant systems with conventional control solutions. Automation solutions in solar power plants perform several functions, including calculating solar reflector positions, self-calibration and prediction of reflectors, and computing sun and normal vectors. These systems also help reduce structural and mechanical errors, monitor and analyze solar PV plant performance, and ensure high performance, reduced downtime, and fault detection. ABB Ltd, a major player in the market, recently achieved a milestone of delivering automation to 5-GW solar power plants in India, highlighting the growing demand for these solutions. The market is expected to grow due to factors such as the need for efficient and productive solar power plants, increasing adoption of renewable energy, and the scalability and distributed architecture of automation solutions.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The global automation solutions market for renewable power generation is a rapidly growing sector, driven by the increasing adoption of renewable sources for power production. Automation plays a crucial role in optimizing the performance and efficiency of renewable power plants, including solar farms, wind farms, hydroelectric operations, and biomass operations. Robotic automation and process automation are key technologies used to streamline operations and reduce costs. Distributed Control Systems (DCS) and Programmable Logic Controllers (PLC) are essential components of renewable power plant automation, enabling real-time process control and monitoring. Predictive analytics software helps optimize performance, reduce downtime, and minimize greenhouse gas emissions. Renewable power plants, including solar PV installations, solar energy, wind energy, wind power, hydropower, and biomass, all benefit from automation solutions. Asset management and process control systems, along with remote monitoring capabilities, ensure optimal performance and reliability in the renewable sector. The renewable energy sector continues to evolve, with automation solutions playing a vital role in maximizing the potential of renewable power plants and reducing their carbon footprint.

Market Research Overview

The global automation solutions market for renewable power generation is a rapidly growing sector, driven by the increasing adoption of clean energy sources such as solar farms, wind farms, hydroelectric operations, and biomass operations in response to climate change and environmental sustainability initiatives. Renewable power generation faces unique challenges due to the variable nature of these energy sources, requiring advanced automation solutions. Robotic automation and process automation play crucial roles in optimizing renewable power generation, with Programmable Logic Controllers (PLCs) and Predictive analytics software enabling real-time data analytics and Predictive maintenance algorithms. Intelligent control algorithms, Prepaid grid integration, and Demand response systems help manage energy production and distribution efficiently. Renewable energy sectors, including Solar Power, Wind Power, Hydropower, and Biomass, are integrating Next-Generation Digital Technologies like Artificial Intelligence (AI), Machine Learning, and Internet of Things (IoT) Solutions to enhance operational efficiency and Asset Performance. Cybersecurity measures, Micro grids, Blockchain, and Cybersecurity solutions are essential to ensure grid security and reliability. Government investment, subsidies, and the energy market’s evolving landscape are key factors influencing the renewable sector’s growth. Renewable energy generation from Solar PV modules, Wind Turbines, and Biomass plants contributes significantly to reducing the global energy demand’s carbon footprint. As renewable energy sources become increasingly important, automation solutions will continue to play a pivotal role in ensuring their operational efficiency and reliability.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userSolar EnergyWind EnergyOthersApplicationAsset ManagementProcess ControlRemote MonitoringOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/automation-solutions-for-renewable-power-generation-market-expected-to-grow-by-usd-3-15-billion-from-2024-2028-driven-by-ai-powered-advancements-and-supportive-renewable-policies—technavio-302274749.html

SOURCE Technavio

Technology

Huawei Unveils Upgraded Xinghe Intelligent Network for Southern Africa

Published

1 second ago

July 27, 2026

JOHANNESBURG, July 27, 2026 /PRNewswire/ — At the Huawei Network Summit 2026 held in Johannesburg, Huawei unveiled its upgraded Xinghe Intelligent Network Solution for the Southern African region under the new philosophy of “Secure and Intelligent Connectivity.” This move reaffirms Huawei’s efforts to advance all intelligence across industries together with customers and partners.

With the rapid rise of AI agents, AI is expanding beyond daily office tasks into mission-critical production services. Industry focus has recently pivoted from token consumption to Daily Active Agents (DAA)—signaling the arrival of mass agent adoption, which in turn necessitates fully upgraded next-generation networks.

Leon Wang, President of Huawei’s Data Communication Product Line, said, “As AI moves into core production, networks are shifting from ubiquitous ultra-broadband to AI-centric architecture building on four pillars: lossless compute to unleash computing power; integrated sensing and communications to enable AI perception; full-scope security to address AI-driven threats; and network autonomy to ensure always-on services.”

Powered by a next-generation intelligent network foundation, Southern Africa’s digital and intelligent transformation is embarking on an all-new path.

“Today, AI is becoming a key driver of global innovation, and its adoption in Africa is transitioning from pilot exploration to real-world deployment, accelerating intelligent transformation across sectors such as finance, education, and public services,” said Vincent Chen, Vice President of Enterprise Business, Southern Africa Region, Huawei. “For the Southern African market, Huawei’s goal is to advance all intelligence across industries by collaborating with industry partners to build intelligent, secure, and reliable network infrastructure for the AI era.”

With the explosive growth of AI agents, new scenarios and requirements are emerging rapidly, placing unprecedented technical demands on networks.

“Network infrastructure faces four major challenges on enterprises’ digital and intelligent journeys. These include the ever-widening gap between computing supply and demand; traffic pattern shifts driven by AI agents; surging O&M complexity; and new AI-driven attacks compounding the vulnerabilities of new systems,” said Arthur Wang, Vice President of Huawei’s Data Communication Product Line. “To address these challenges, Huawei has upgraded its Xinghe Intelligent Network Solution under the ‘Secure and Intelligent Connectivity’ philosophy. The first is an intelligence upgrade, expanding AI beyond O&M into the entire network. The second is a security upgrade, advancing from single-point defense to end-to-end protection that deeply converges network and security. Through these two key upgrades, we aspire to build the solid connectivity foundation for every enterprise in the Agentic AI era.”

Huawei also unveiled its upgraded Xinghe Intelligent Network product portfolio and the Xinghe AI CloudCampus SaaS Service Platform for the Southern African region. Shi Lei, Vice President of the NCE Data Communication Domain of Huawei’s Data Communication Product Line, stated, “In the past, intelligent O&M was a luxury exclusive to large enterprises. Now, we have deeply integrated AI into the cloud management service platform, enabling SMEs to easily access these capabilities as a cloud service. This is more than tech inclusion; it is about making AI network services genuinely accessible, affordable, and actionable.”

Also at the summit, Huawei presented honorary awards to 12 long-term customers for their remarkable shared journey in the data communication domain. Furthermore, industry pioneers across finance, healthcare, transportation, electric power, and ISP shared real-world success stories in accelerating digital transformation.

Looking ahead, Huawei will remain committed to its “AI for All, All on Secure IP” vision, continuously upgrading its Xinghe Intelligent Network Solution under the “Secure and Intelligent Connectivity” philosophy to stride into the intelligent era with customers and partners.

Photo – https://mma.prnewswire.com/media/3007749/image1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/huawei-unveils-upgraded-xinghe-intelligent-network-for-southern-africa-302834898.html

Technology

AnX Robotica Launches NaviCONNECT™: Connecting the Future of Capsule Endoscopy

Published

3 seconds ago

July 27, 2026

PLANO, Texas, July 26, 2026 /PRNewswire/ — AnX Robotica, a leader in advanced gastrointestinal diagnostic solutions, today announced the commercial launch of NaviCONNECT™, its next-generation cloud platform designed to streamline capsule endoscopy workflow, simplify practice management, and enhance connectivity across the NaviCam® portfolio of products.

NaviCONNECT provides healthcare providers with secure, cloud-based access to capsule studies and reporting, enabling clinicians to access studies from virtually anywhere. Designed to support the evolving needs of GI practices and health systems, NaviCONNECT delivers a modern, scalable platform that enhances operational efficiency, simplifies software updates, and provides the foundation for future innovations in artificial intelligence and enterprise connectivity.

“NaviCONNECT represents a significant milestone in our vision of delivering a fully connected capsule endoscopy ecosystem,” said Stu Wildhorn, Vice President of Marketing and Product Management at AnX Robotica. “By moving to a secure cloud-based platform, we are providing our customers the option of a simpler, more efficient way to manage capsule studies today while creating the infrastructure to support future AI capabilities, enterprise analytics, and expanded clinical workflow solutions.”

NaviCONNECT seamlessly integrates with the AnX Robotica NaviCam Small Bowel portfolio, including NaviCam SB with ProScan™ and NaviCam XS and is designed for future capsule technologies.

The launch of NaviCONNECT reinforces AnX Robotica’s commitment to advancing capsule endoscopy through innovative technologies that improve workflow, expand clinical capabilities, and enhance the experience for both providers and patients. As the foundation for the company’s digital strategy, NaviCONNECT will continue to evolve with new capabilities designed to support enterprise customers, AI-driven clinical insights, and the future of gastrointestinal diagnostics.

For more information about NaviCONNECT and the complete portfolio of AnX Robotica diagnostic technologies, visit www.anxrobotica.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/anx-robotica-launches-naviconnect-connecting-the-future-of-capsule-endoscopy-302834696.html

SOURCE AnX Robotica

Technology

The9 Names George Lai Chief Executive Officer

Published

4 seconds ago

July 27, 2026

Leadership transition reinforces management’s long-term alignment with shareholders

SHANGHAI, July 27, 2026 /PRNewswire/ — The9 Limited (Nasdaq: NCTY) (“The9” or the “Company”), a global diversified high-tech company, today announced the appointment of George Lai as Chief Executive Officer (“CEO”), effective July 27, 2026. Mr. Lai succeeds Founder and Chairman Jun Zhu, who will continue to serve as Executive Chairman of the Board.

Leadership Transition

Mr. Lai joined The9 approximately 18 years ago and has served as Chief Financial Officer (“CFO”) since 2008, playing a central role in capital allocation, treasury strategy, the build-out of the9bit, and the Company’s return to profitability. Wei Ji, Senior Legal Director, will assume interim CFO responsibilities while the Company conducts a search for a permanent successor.

“This is a meaningful turning point for The9,” said Mr. Zhu. “I have spent more than two decades guiding the Company through successive cycles of change. As we enter a new era defined by AI and digital assets, handing the CEO role to George is the right decision at the right time. He understands this business deeply, and I have no doubt he will take The9 further than I could alone. I remain fully committed to the Company as Executive Chairman. The transition will also let me spend more time on the things I care about outside work, football above all, and my growing interest in super-longevity science, which I will continue to share with the community that has followed me for many years.”

“I am honored to step into this role at such a significant moment for The9,” said Mr. Lai. “the9bit is not just another creator platform, it is AI-native, integrating creation, monetization and a digital asset ecosystem in one product. In under a year it has reached 8 million users who have built more than 110,000 games on our proprietary AI platform. That is the foundation. Our focus now is to turn that traction into a durable business by scaling the platform, strengthening its underlying economics, and advancing our broader digital asset and AI initiatives. I believe the best is ahead of us.”

About The9 Limited

The9 Limited (Nasdaq: NCTY) is a global, diversified high-tech company redefining how games are created, played, and monetized. Founded in 1999 and Nasdaq-listed since 2004, The9 brings over two decades of gaming heritage to its flagship platform the9bit, an AI-powered digital asset ecosystem built around AI game creation and the $9BIT token economy, where every participant can play, create, earn, and own a stake in its growth. Beyond the9bit, The9 continues to explore emerging opportunities across AI-empowered industries and the broader digital ecosystem, including an equity stake in AI-driven drug discovery company NYB, building a multi-engine business positioned at the frontier of AI and the new economy, reshaping how value is created and shared.

View original content:https://www.prnewswire.com/news-releases/the9-names-george-lai-chief-executive-officer-302834906.html

SOURCE The9 Limited