Servotech Renewable Power System Limited, a pioneer in India's solar and electric vehicle (EV) charging technology market, announced a major milestone in its global expansion strategy, the establishment of Servotech Renewable International FZCO, a new subsidiary based in Dubai.
Strategically positioned to cater to the rapidly growing Middle Eastern market for innovative solar energy systems and electric vehicle charging stations, the new company has its headquarters in the United Arab Emirates (UAE). The UAE's strategic goals to diversify its energy sources and reach net-zero emissions by 2050 are directly aligned with this action.
The company's main hub for business development, project management, and strategic alliances in the United Arab Emirates and the larger Gulf Cooperation Council will be Servotech Renewable International FZCO. Delivering Servotech's energy storage systems, high-efficiency solar solutions, and cutting-edge AC and Fast DC EV chargers will be the main goal in order to assist the region's ambitious infrastructure initiatives.
Dubai's top-notch logistics, stable regulatory framework, and important position as a gateway to the larger global market are the main reasons Servotech chose to locate there.
Servotech Renewable Power System Limited's managing director, Raman Bhatia, stated. "Servotech Renewable International FZCO's launch in Dubai marks a significant turning point in our worldwide trajectory. There is an enormous need for dependable, advanced EV and solar infrastructure as the Middle East, and especially the United Arab Emirates, adopts a more assertive stance towards a sustainable energy future. This subsidiary is more than simply a gateway; it is a step toward our goal of using Indian innovation and technology to drive the global green shift.”
"We are establishing Servotech as a global contributor to the renewable energy revolution, not just a national leader, by hoisting our flag in Dubai. We are sure that our extensive knowledge of EV charging and solar power systems will be well received by regional partners, spur long-term expansion, and help us achieve our goal of becoming a truly global Servotech," Raman Bhatia added.