More businesses are starting to recognize the importance of shifting to renewable sources of energy, according to the latest Eaton study., Eaton found that at least 33% of Singaporean companies have increased their investments in power management since the onset of the COVID-19 pandemic.
Approximately 80% of companies are looking into adopting new solutions to improve power management in the next three years. Some 63% are exploring the use of intelligent power management softwares, 54% are looking into energy storage to manage reneqable energy, and 46% are exploring containerized modular solutions to cater to data centers.
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