{"id":12974,"date":"2021-07-02T11:08:17","date_gmt":"2021-07-02T10:08:17","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=12974"},"modified":"2021-07-02T11:08:17","modified_gmt":"2021-07-02T10:08:17","slug":"what-does-the-future-hold-for-the-renewable-energy-market","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/what-does-the-future-hold-for-the-renewable-energy-market\/12974\/","title":{"rendered":"What does the future hold for the renewable energy market?"},"content":{"rendered":"
Back in 2014, the renewable energy market was relatively young, and considerable change has been witnessed between then and now. DesignPro has been operating since 2004, designing and building complex production solutions for some of the largest companies in the world in the medical, pharma, and automotive industries. Yet our Renewables division has still not cracked the market \u2013 but that is not from a lack of trying. With several million spent over the last seven years plus the development of the skills, abilities, and infrastructure to complete any challenge put in front of us.<\/p>\n
We have had some significant successes on the journey \u2013 from being recognised as a \u2018Champion of EU Research\u2019 to receiving \u20ac2.7m in Horizon 2020 funding. Now, we have gained an abundance of knowledge and have successfully deployed hydrokinetic turbines both in France and Scotland \u2013 from which we have learned what works and what does not.<\/p>\n
This brings us to the next stage of the company\u2019s evolution: taking those details and working to address the constraints of the renewable energy market and the environments in which they will be deployed. The evolution of our hydrokinetic turbine\u2019s product design is now termed \u2018Harness the positive+ renew the negative-\u2019. To quote Thomas Edison: \u201cI have not failed 1,000 times; I have successfully discovered 1,000 ways to not make a lightbulb\u201d.<\/p>\n
Not that we are in position to make discoveries on a par with Edison, but we do know the things that have worked well and which can therefore be used again. These include:<\/p>\n
By taking what we have learnt from the most recent testing feedback plus the sites we have reviewed, we are essentially flipping the current product on its head, moving from a vertical axis turbine system to a horizontal method. This will make additional sites available as reduced depth does not become a major factor for deployment, and it will also allow us to look at a power bridge method on canals or plant run offs.<\/p>\n