25 Jul 2025 It was a pleasure to attend the Mercom Renewable energy summit last week. It was a great opportunity for me to learn from the leaders in the RE space about their plans to help meet decarbonisation goals & push the manufacturing sector to use RE. While I was optimistic about the growth of the industry & shared the general enthusiasm about the policies and the favorable env created for RE I felt that there was scope for the industry to do much better than it currently has. For RE to take over it would imp. to build systems that can generate and store energy at a far greater efficiency than what the current tech offers. Wind energy ,hydropower require massive engineering investment in addition to reliance on powerful magnets. But even in magnet manufacturing things are rapidly changing. Iron nitrogen systems could pave the way for sustainable and powerful magnets that can easily challenge the dominance of rare earths. However, the challenge remains to scale these ...
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