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The phrase "and modernization of existing" is correct and usable in written English.
It can be used when discussing improvements or updates to current systems, processes, or structures.
Example: "The project focuses on the development of new technologies and modernization of existing infrastructure to enhance efficiency."
Alternatives: "and upgrading of current" or "and enhancement of existing".
Exact(2)
It can satisfy different demands for new plants and modernization of existing plants.
Much of his current work includes design and construction administration of renovation, and modernization of existing secondary educational facilities.
Similar(58)
With the completion of the new hospital and modernization of the existing facility in 2018, Stanford will have the nation's most modern and innovative facility to treat cancer patients.
Programmes for construction of 3rd and 4th generation reactors, modernization of existing nuclear power plants (NPP), and plant life extension are being developed worldwide.
Nuclear industry has several regulations and guidelines for human factors engineering (HFE) that should be applied in modernization of existing ones and in construction of new power plants.
In this paper, an attempt is made to examine the impact of mediation of PEVs and RETs into power system and transportation segments as a piece of modernization of existing network into smart grid.
The implications of these results for both the modernization of existing systems and the design of new systems, in the US and abroad, are discussed.
One that not only takes advantage of cloud native capabilities and containerized applications, but also requires modernization of existing, critical systems.
A cross-section of software tool vendors and service providers has emerged to enable the modernization of existing systems.
The financing may be used for fixed assets, such as land, owner-occupied buildings, street improvements and landscaping, construction of new facilities or the modernization of existing facilities.
The economic considerations force the building body optimization during its design, as well as during the modernization of existing facilities.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com