Servotech Renewable Power System Ltd. (NSE: SERVOTECH), a leading provider of EV chargers and solar solutions, has achieved a significant milestone with the grant of a patent by the Indian Patent Office. The patent, titled “System and Method for Peak Shaving,” is valid for 20 years from its original filing date and reinforces the company’s commitment to technological innovation in the energy sector.
This groundbreaking solution enhances energy efficiency by intelligently reducing peak electricity demand, leading to cost savings for users while ensuring greater grid stability. The patented technology aligns with Servotech’s mission to develop future-ready energy solutions that support a cleaner and more sustainable power infrastructure.
Raman Bhatia, Founder & Managing Director of Servotech Renewable Power System Ltd., expressed his enthusiasm about this achievement, highlighting that the patent recognition validates the company’s extensive R&D efforts. He emphasized that Servotech remains dedicated to advancing smart energy technologies that create long-term value for shareholders, partners, and customers.
The company’s focus on innovation and intellectual property strengthens its competitive position in the rapidly evolving smart energy landscape. By leveraging its proprietary solutions, Servotech is well-positioned for expansion across multiple sectors, unlocking new opportunities in the growing renewable energy and EV infrastructure markets.
