October 28, 2015 - 4:26 AM EDT
Print Email Article Font Down Font Up
Portable Renewable Energy Systems Present a Convenient and Green Alternative to Generate Electricity On The Go

The technology has the potential to see strong uptake in the military, civilian and industrial sectors, finds Frost & Sullivan

KUALA LUMPUR, Malaysia, Oct. 28, 2015 /PRNewswire/ -- Portable renewable energy systems are standalone devices powered by alternative energy such as solar and wind. This makes them a safer, lightweight and more environmentally-friendly alternative to traditional diesel and gas gensets. Traditional gensets require constant refuelling and contribute to local air pollution due to sizeable toxic emissions. However, they have also gained the trust of end users over the last 50 years. As a result, portable renewable energy systems, despite their many benefits, are unlikely to rapidly replace the entrenched diesel and gas genset solutions.

New analysis from Frost & Sullivan, Innovations in Portable Renewable Energy and Its Impact on Key Sectors, confirms that the advantages provided by portable renewable power systems can address the specific needs of the military, civilian (consumer electronics, residential and humanitarian effort) and industrial sectors. In the military sector, for instance, portable renewable technology could meet the industry's stringent requirements related to safety and weight.

For complimentary access to more information on this research, please visit: http://corpcom.frost.com/forms/EU_PR_CCarella_D697-TI_24Jul15.

End users still doubt the reliability and operability of nascent portable renewable energy solutions and are discouraged by its cost; the price of portable solar power technologies is 10 times that of portable battery packs.

"The most effective technology management strategy for the portable renewable power market would be acquisitions and partnerships," said TechVision Research Associate Hafiz Amin. "Acquisitions and partnerships, such as Hanergy's purchase of Global Solar Energy, will allow portable renewable energy companies to leverage the knowledge and expertise of their partners to strengthen their value proposition in the market."

"For now, solar power dominates the portable renewable energy market, followed by wind power," added Amin. "The rise of portable solar power is primarily due to the availability of thin film solar cells, specifically second-generation solar cells, which include amorphous silicon, copper indium gallium selenide and cadmium telluride solar cells."

Innovations in Portable Renewable Energy and Its Impact on Key Sectors, a part of the TechVision (http://ww2.frost.com/research/technology/sustainable-energy) subscription, gives a snapshot of the industry landscape, end user needs, and recent technology innovations in the portable renewable energy market. It details the application potential of portable renewable energy in the military, civilian and industrial sectors and identifies key patents and market participants.

TechVision is an international technology analysis business that produces a variety of technical news alerts, newsletters, and research services.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion 
Join Us: Join our community 
Subscribe: Newsletter on "the next big thing" 
Register: Gain access to visionary innovation

Innovations in Portable Renewable Energy and Its Impact on Key Sectors
D697

Contact:
Donna Jeremiah
Corporate Communications - Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com

Carrie Low
Corporate Communications - Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
E: carrie.low@frost.com

Melissa Tan
Corporate Communications - Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
E: melissa.tan@frost.com

Twitter: @TechVision_FS
Linkedin: www.frost.com/techvisionlinkedin

http://www.frost.com
http://www.frost.com/techvision


Source: PR Newswire (October 28, 2015 - 4:26 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice