Servotech Renewable Power Systems Ltd, a prominent Indian solar solutions provider and EV charger manufacturer, is going to collaborate exclusively with Zhuhai Piwin New Energy Co Ltd, a wholly-owned subsidiary of China’s Pilot Group, to produce high-end battery energy storage systems (BESS) in India.
Through this alliance, Servotech plans to utilize the global experience of Piwin in BESS to combine it with the local production capacity and strong market presence of Servotech. The two firms will then be able to provide the whole country with easy-to-use, efficient, and upgraded energy storage solutions, which will keep up with the demand for renewable energy sector in India.
“We are bringing to the Indian market the best-in-class worldwide technology in BESS along with our domestic expertise thus committed to delivering locally made products to not only help bring the Indian renewable energy story continue but also fulfill the agenda of a sustainable, secure, and self-reliant energy future,” said Raman Bhatia, Managing Director of Servotech.
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The main elements of the partnership will be the transfer of technology, production on local grounds, and scaling the advanced storage solutions meeting the increasing demand for storages of reliable energy in the country. The deployment of renewables is happening rapidly as a result, BESS will be required for the stability of the grid, energy efficiency, and enabling the large-scale integration of solar and wind power.
On top of that, Servotech has just supported Rhine Solar Ltd, a local solar module manufacturing company, which acts as an indirect investment in solar energy for India and that pushes further its commitment to the country’s renewable energy ecosystem.
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