Innovative Passive Components Boost Renewable Energy Projects in Europe

2025-05-03 products

Paris, Saturday, 3 May 2025.
Recent advancements in passive electronic components are enhancing power management and efficiency in European renewable energy projects, with notable products from companies like Würth Elektronik and Bourns.

Market Growth and Raw Material Dynamics

The renewable energy transformer market demonstrates significant growth potential, valued at USD 9.9 billion in 2024 and projected to reach USD 23.9 billion by 2034, with a steady CAGR of 9% [7]. This expansion is occurring against a backdrop of increasing raw material costs, particularly affecting passive components. As of Q1 2025, key materials such as ruthenium, copper, and silver have shown marked volatility, directly impacting component manufacturing costs and supply chain dynamics [6].

Technological Innovations in Component Design

Leading manufacturers are responding to market demands with innovative solutions. Würth Elektronik has introduced new power supplies development kits, while Bourns has launched four new series of shielded power inductors [1]. These developments are particularly significant for European renewable energy projects, where high-reliability components are essential. In March 2025, a strategic partnership between VIE Technologies and RESA Power has emerged to implement AI-based technologies for component monitoring, promising enhanced reliability and efficiency [7].

Circular Economy Impact

A notable advancement in sustainability comes from RES’s innovative repair workshop in Albacete, Spain, which has successfully restored over 18,000 renewable energy components. In the past year alone, they have repaired more than 7,000 components across 547 material types [5]. This initiative not only addresses supply chain challenges but also demonstrates the potential for circular economy practices in the renewable energy sector.

Future Market Outlook

The industry is preparing for significant growth in renewable energy infrastructure. With the renewable energy transformer market expected to grow at 14 billion USD over the next decade [7], manufacturers are scaling up production of passive components. The upcoming Shenzhen International Power Electronic Components and Renewable Energy Exhibition in April 2025 will showcase these advancements, bringing together industry leaders to address emerging challenges and opportunities [8].

sources

renewable energy passive components