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Servotech Power Systems launches new solar product line

India, News

Servotech Power Systems Limited (Servotech) has introduced a new range of solar products, including solar on-grid inverters with capacities from 1 kW to 100 kW, and solar hybrid inverters available in single-phase (2 kW to 7.5 kW) and three-phase (10 kW to 22.5 kW) options. The product lineup also includes solar micro inverters in 800 W and 1600 W capacities. Additionally, Servotech has launched battery energy storage systems for domestic use, with capacities ranging from…

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Servotech partners with Ensmart Power to expand EV charger business in UK

India, News

Servotech Power Systems has announced a collaboration with UK-based Ensmart Power to expand its electric vehicle (EV) charger business in the UK and North America.  The partnership aims to leverage Servotech’s innovative EV charging solutions and Ensmart Power’s expertise in energy storage and distribution to develop a reliable and accessible EV charging infrastructure in these regions. The companies have signed a sole distribution agreement to enhance the distribution of EV chargers, focusing on supporting green…

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Servotech Power bags order from Nashik Municipal Corporation

India, News

Servotech Power Systems has received an additional order from Nashik Municipal Corporation (NMC) to install nine EV charging stations in Maharashtra. This expansion aims to address the increasing demand for convenient EV charging infrastructure, supporting both intercity and interstate travel with clean energy. With this new order, the total number of EV charging stations set up by Servotech for NMC will reach 29. The company had previously been tasked with supplying, commissioning, and constructing 20…

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Servotech wins contract to install 11 DC EV charging stations in Karnataka

India, News

Servotech Power Systems has won a contract to install 11 DC fast EV charging stations from Bangalore Electricity Supply Company (BESCOM). The stations will be set up at Regional Transport Office (RTO) locations across Karnataka, enhancing the state’s electric vehicle (EV) charging infrastructure. Servotech will oversee the project from design to installation, ensuring optimal placement and capacity at each RTO site. The charging stations will meet strict safety and performance standards, and the company will…

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Servotech partners with 62 DISCOMs under PM Surya Ghar Muft Bijli Yojana  

India, News

Servotech Power Systems Ltd., a leading manufacturer of solar solutions and EV chargers, has partnered with 62 distribution companies (DISCOMs) across India under the Pradhan Mantri-Surya Ghar Muft Bijli Yojana. This collaboration benefits consumers by allowing them to access government subsidies when purchasing solar solutions from the company. The PM Surya Ghar Muft Bijli Yojana, designed to promote solar adoption and support green growth, has seen over 12.8 million registrations and 1.4 million applications to…

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Servotech wins contract to build 12 EV charging stations in Kerala

India, News

Servotech Power Systems Ltd., an EV charger manufacturer, has won a contract from Kerala’s Agency for New and Renewable Energy Research and Technology (ANERT) to build 12 electric vehicle (EV) charging stations.  The contract involves supplying, commissioning, and constructing 30kW fast DC EV charging stations at various locations within the Kerala Motor Vehicle Department. The project will be completed in two phases: the first phase will see the installation of 4 charging stations, followed by…

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Servotech secures Rs 102 million order for solar storage in Uttar Pradesh

India, News

Servotech Power Systems has secured a Rs 102 million order to deploy 1.2 MW of solar energy storage and grid-connected systems from the Rural Development Department of Uttar Pradesh and the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). The company will install multiple 75 kW solar-based energy storage systems and design, manufacture, supply, install, and commission 20 kW and 40 kW grid-connected solar power systems. This initiative aims to boost renewable energy penetration…

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Servotech reports Q1 FY25 results: revenue up 41 per cent, net profit grows 9 per cent

India, News

Servotech Power Systems Ltd., a leading manufacturer of Electric Vehicle (EV) chargers, solar solutions, and power-backup solutions, has announced its quarterly results. The company’s net profit after tax (PAT) in the first quarter of FY2024-25 was Rs 44.8 million, up from Rs 41.0 million in the same quarter last year. Key Highlights of the Quarterly Results: Consolidated Highlights Total Revenue: Grew by 41 per cent in Q1 FY25 to Rs 1.12 billion from Rs 798.1…

Power Sector News Roundup for October 8, 2024

Power Bytes

Global: Malaysia’s power utility partners with Keppel to supply 100 MW in cross-border deal Taihan Cable secures contract for Singapore’s 400 kV power grid Runergy launches solar module manufacturing facility in US EET to develop UK’s first large-scale low-carbon hydrogen hub CWP Global to develop 600 MW green hydrogen project in Angola India: IEX posts 24% growth in trading volume, REC prices hit all-time low in September 2024 GAIL, AM Green signs MoU to jointly…