India has emerged as a global leader in the renewable energy market, thanks to its government’s favorable policies, foreign investments, and strong commitment to achieving net-zero emissions. President Droupadi Murmu has emphasized the crucial role of energy efficiency and renewable energy in driving India’s development.
As India continues to make significant strides in renewable energy, the electric vehicle (EV) industry is also experiencing rapid growth. The success of India’s EV revolution can be attributed to the government, agencies, and companies’ awareness programs. These initiatives have led to an exponential increase in the adoption of electric vehicles across the country.
To further accelerate the transition to EVs, Delhi-based EV charger maker, Servotech Power Systems, has filed patents for innovative energy management technologies. These patents focus on optimizing the energy grid through a battery energy storage system. The aim is to effectively channel renewable energy into Battery Energy Storage Systems (BESS) for maximum utilization. By leveraging these advancements, the EV industry can tap into sustainable energy sources and reduce reliance on fossil fuels.
The applications of these cutting-edge technologies stretch beyond EV charging systems to encompass various fields, including solar energy. This highlights the potential for significant advancements in energy management and their contribution to a cleaner and more sustainable energy future.
It is worth noting that India has already surpassed its 40% renewable energy target for 2030 and has set a new goal to increase the share of renewables to 65% by the same year. Currently, the country has an installed power generation capacity of 186 GW based on non-fossil fuel sources. The continued growth of renewable energy, coupled with innovative technologies in the EV charging sector, will propel India towards a greener future.