Corporate Development     

Published: November 15, 2024
Updated: November 15, 2024

Servotech Power Systems Ltd

Launches innovative solar solutions, strengthening commitment to renewable energy

Servotech Power Systems Ltd, (NSE: SERVOTECH), a leading manufacturer of renewable energy solutions, launches its new series of innovative and high-tech range of solar on-grid inverters, solar hybrid inverters, solar micro inverters, battery energy storage systems, and solar Pump controllers in alignment with central government schemes like PM Surya Ghar Muft Bijli Yojana and PM-KUSUM Scheme for residential and commercial rooftops and empower farmers to harness solar energy and promote sustainable farming practices.

These cutting-edge solutions will work in harmony for a more efficient, reliable, and readily available solution for domestic and commercial applications and are designed to meet the growing demand for clean energy and reduce dependency on conventional power sources.

Speaking at the launch, Raman Bhatia, Founder and Managing Director stated, “We are thrilled to introduce our solar solutions to the market. These solutions not only help individuals and businesses reduce their carbon footprint but also drive sustainable growth. As a global leader in the renewable energy sector, we are at the forefront of accelerating a more productive and sustainable future. We continuously push the boundaries of technology to deliver energyefficient, decarbonizing, and circular solutions that benefit customers, industries, and societies. With our digitally enabled and advanced solutions, we empower our customers and partners to achieve greater performance, safety, and reliability in their operations.”

The product range consists of On-grid inverter with a Range 1 kW – 100 kW, a hybrid inverter with range – 2 kW to 7.5 kW (1 Phase) & 10 Kw to 22.5 kW (3 phase). Further, the range consists of Battery Energy Storage System (Range – 1.2kWh to 15kWh for Domestic User and 5.1KW model for E Rickshaw), Solar Pump Controller and Micro Inverter. Recently, the company signed a sole distribution agreement to expand their EV charger distribution network across the UK and beyond, including North America.

This agreement will capitalize on the rapid growth of electric vehicle adoption in these regions. By combining Servotech’s innovative EV charging solutions with Ensmart Power’s expertise in energy storage and distribution, the partnership aims to provide a reliable and accessible charging infrastructure for consumers. The collaboration will drive the development of green mobility alternatives, contributing to a carbon-neutral transportation ecosystem and setting new standards in efficiency, reliability, and environmental responsibility.

Earlier, the company secured a substantial contract to build 11 DC Fast EV charging stations from Bangalore Electricity Supply Company Limited (BESCOM). This contract involves Servotech installing public electric vehicle (EV) charging stations at 11 Regional Transport Office (RTO) premises across Karnataka. The project will significantly enhance the charging infrastructure for electric vehicles, making it more convenient for EV owners to charge their vehicles across various regions of Karnataka.

Servotech Power Systems is an NSE-listed organization that develops tech-enabled EV Charging solutions leveraging their over two decades of experience and expertise in the electronics space. The company offers an extensive range of AC and DC chargers which are compatible with different EVs and serve multiple applications such as commercial and domestic. With its comprehensive engineering capabilities, the company plans to play a pivotal role in developing India’s EV tech infrastructure. A trusted brand with a strong pan-India presence, Servotech Power Systems’ legacy is marked by proven innovation and development of the advanced technologies.

December 15, 2024 - First Issue

Industry Review

VOL XVI - 07
December 01-15, 2024

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

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