Lauritz Knudsen, a subsidiary of Schneider Electric, is strengthening its presence in the renewable energy sector by advancing hydrogen analysers, wind energy systems, and EV charging infrastructure. The company, which Schneider Electric acquired from Larsen & Toubro’s electrical and automation division in 2020 for Rs 14,000 crore, is now prioritizing clean energy solutions.
Commitment to Clean Energy Leadership
Chief Operating Officer Naresh Kumar emphasized the company’s dedication to leading in clean and renewable energy. “Our innovation and R&D efforts are concentrated on the new energy landscape. In fact, we have a dedicated business unit focused on this area,” he stated.
Lauritz Knudsen is responding to the growing demand for alternative energy products, including ethanol, solar, wind, green hydrogen, Agri-tech, pumped storage systems (PSP), and battery energy storage systems (BESS).
Major Investments in Manufacturing and R&D
Lauritz Knudsen is investing Rs 850 crore to advance its clean energy vision. The funds will go toward manufacturing plants, R&D labs, and automation lines. This initiative is part of Schneider Electric’s global Euro two billion capacity expansion from 2024 to 2027.
Expanding Production Capabilities
Lauritz Knudsen operates manufacturing facilities in Vadodara, Ahmednagar, and Coimbatore, along with an R&D centre in Mhape, Navi Mumbai. As reported by projectstoday.com, the company is actively developing high-breaking-capacity, high-voltage, and green products to meet future technology demands.
