Servotech Power Systems is accelerating its push into renewable energy with plans to backward integrate into the solar value chain. The company has announced the development of solar cell and module manufacturing facilities to capitalize on India’s growing demand for domestically made solar components.
The move aligns with the Ministry of New and Renewable Energy’s new mandate, which comes into effect on June 1, 2026. The regulation requires that photovoltaic (PV) modules used in government-backed solar projects, net metering installations, and open access renewable energy initiatives must use cells from the ministry’s approved domestic list.
“We have already committed capital expenditure for solar panel manufacturing,” said Raman Bhatia, Founder and Managing Director, Servotech. “Work is underway for solar cell manufacturing in the next stage.”
Ambitious Vision for Rural Electrification and EV Infrastructure
Servotech’s roadmap includes a transformative agenda for India’s rural landscape. Over the next five years, the company aims to deploy affordable renewable energy solutions to more than two million rural households. It also plans to install over 100,000 fast EV charging stations nationwide.
To bolster its EV capabilities, Servotech has partnered with French company Watt & Well. Together, they will jointly develop and manufacture EV charger components in India. This collaboration further strengthens Servotech’s value proposition in the growing e-mobility sector.
Global Expansion Plans Gain Momentum
Servotech is targeting expansion into Africa and the United States. The high-profile addition signals Servotech’s intent to compete in global EV charging markets by leveraging its technology and manufacturing strength. As reported by pv-magazine-india.com, Servotech is positioning itself as a comprehensive energy solutions provider through these initiatives. The company is committed to clean energy, manufacturing self-reliance, and global competitiveness.
