Venios GmbH and Smart Grid Solutions AG partner with Panitek Power AG to rollout the innovative Venios Energy Platform (VEP) and the smartbox hardware in India
After the completion of the first pilot/demonstrator with one of India’s largest private utilities, the partnership will become a preferred supplier to utilities countrywide as India embarks on its journey to modernize its infrastructure to deploy 175GW of renewable energy and shift to e-mobility.
Dated: 13th January 2020
Energy cannot be created or destroyed, but it can be saved in various forms. One way to store it is in the form of chemical energy in a battery. When connected in a circuit, energy stored in the battery is released to produce electricity.
Triggering Innovations for
a greener future
Energy efficiency is key to ensuring a safe, reliable, affordable and sustainable energy system for the future. It is the one energy resource that every country possesses in abundance and is the quickest and least costly way of addressing energy security, environmental and economic challenges.
A smart grid is an evolved grid system that manages electricity demand in a sustainable, reliable and economic manner, built on advanced infrastructure and tuned to facilitate the integration of all involved.
Electro Mobility, Electric Mobility or E-Mobility refers to the development of electric-powered or electronic drive trains, and moving away from the traditional vehicle design that makes use of fossil fuels and oils. It encompasses fully electric vehicles, hybrid electric vehicles and vehicles that make use of hydrogen fuel. The main goal is to provide more environment friendly and efficient vehicles.
The country’s policy makers face the daunting task of meeting the rapid growth of energy demand, so as to not stifle the strong economic growth, while at the same time ensuring that the growth is sustainable and equitably shared among its vast population.