Danfoss, a renowned name in providing energy-efficient solutions, is strategizing a fresh investment of ₹500 crore in India for localizing operations and expanding capacity. Over the past decade, the company has already allocated ₹2,000 crore towards investments in India. With a focus on aiding customers in decarbonizing their operations, Danfoss has pinpointed 4-5 key areas for localization to leverage opportunities arising from the energy transition sector, where it holds a prominent position.
Among its offerings, Danfoss supplies power modules for solar investments and controllers facilitating the connection of solar plants to the grid. Moreover, with the growing emphasis on round-the-clock power supply by the government, which necessitates battery storage, Danfoss is positioned to provide standalone Battery Energy Storage System (BESS) solutions.
As reported by businessline, in the domain of commercial building decarbonization, Danfoss has been active in providing comprehensive solutions encompassing energy, water, and waste management. However, the emergence of heat pumps as a viable decarbonization solution is now gaining prominence. Industrial heat pumps present an enticing proposition for industries seeking to optimize energy utilization, reduce costs, decrease reliance on fossil fuels, meet environmental regulations, and bolster overall operational efficiency.
