Servotech, 2Power to Invest €10 M to Introduce PVT Tech in India By Saur News Bureau/ Updated On Thu, Oct 7th, 2021 Highlights : Through this PVT technology, now solar modules will produce electricity, heat and cooling through the adsorption process. The 2Power WP + system developed from a joint research project with the Fraunhofer Institute. Indian manufacturer of LED Lights and solar products Servotech Power Systems Ltd. has announced its collaboration with German solar module company 2Power Gmbh to bring PVT Technology 2Power WP+ system in India. Through this PVT technology, now solar modules will produce electricity, heat and cooling through the adsorption process. Through this collaboration, Servotech, which recently launched the #O2FORALL effort to bridge the gap between oxygen concentrators and patients, will use this technology to manufacture and assemble these modules in India to produce cooling which can be the best substitute for air conditioners. “The 2Power WP + system developed from a joint research project with the Fraunhofer Institute. PA-ID GmbH was able to bring years of experience from planning and implementation of holistic solutions for optimized energy generation and use to this project. The result is the currently most efficient heat pump system. Quality is our top priority: We have been a certified company in accordance with ISO 9001 since 2001. Our experienced specialists are constantly trained and educated so that we always have our finger on the pulse,” states 2Power Gmbh. European Modules Emit 40% Less CO2 Than Chinese Ones, finds Study Also Read It enables the generation, storage and distribution of electricity and heat without the restraints of conventional systems. The modules, that are simply mounted on the roof, are visually appealing and generate electricity, heat and cooling through the heat pump system to the end-users home, said Servotech. Using this technology, excess electricity can be stored in intelligent electricity storage systems and reused at night. This system is fully eligible, noise-free, can cool in summer, and does not need an outdoor unit, added the firm. Commenting on the collaboration, Raman Bhatia, Managing Director, Servotech Power Systems Ltd., said, “With the rapid growth of solar in India, the increasing market players, and the positive consumer bent towards it, Servotech has planned to set out about 10 Million Euros for the project. Furthermore, considering how the project pans out, this investment can further appreciatively vary. In 2018, technology has come out as a success in multiple spaces, one of which includes BHU University, Varanasi.” Japan to Recycle Solar Modules Using Blockchain Tech Also Read Tags: 2Power Gmbh, Finance, Investment, PVT Technology 2Power WP+ system, Raman Bhatia, Servotech Power Systems Ltd.