Energy And Power Generation

The energy and power-generation market segment is evolving rapidly. Renewable energy sources continue to gain ground as companies perfect their photovoltaic, wind, and fuel-cell technologies and develop reliable energy-storage systems to provide backup power. According to the U.S. Energy Information Administration, renewables accounted for 21% of U.S. power generation in 2020, and their share will increase to 42% by 2050. Within the renewable space, solar is poised to gain the most ground. Solar accounted for 16% of renewable power generation in 2020, vs. 41% for wind. In 2050, solar will account for 47% of renewable power generation, vs. 34% for wind.

Zingzonetek Programmable Power is well positioned to serve conventional and renewable energy and power-generation applications with a range of standard products