Statcon Energiaa And Magellan Powertronics, Australia Ink MoU For EV Charging and Renewable Tech

Australia-based DC & AC electric equipment manufacturer, Magellan Powertronics has inked a Memorandum of Understanding with Delhi-based power electronics manufacturer company, Statcon Energiaa. With this MoU, business and technological cooperation in the field of power electronics are to be encouraged. Manufacturing EV Chargers and Power Electronics for Renewable Energy are its main areas of focus.

The MoU was signed with a common vision to resolve the issue of the current EV charging technology which is prone to failures in developing/ under-developed countries and is expensive. With the expertise of Power Electronics, Statcon Energiaa and Magellan Powertronics aim to rectify these issues and make the EV charging technology more accessible, safe and reliable.

By pushing cutting-edge localized technologies, Statcon Energiaa and Magellan Powertronics will both build on their already successful technical collaboration and seek to advance it.

Statcon Energiaa’s Managing Director Manoj Pande, said, “We have a shared goal and expertise of innovation in power electronics. We must work together to meet the enormous global demand for high-quality, dependable products.”

Masoud Abshar, the Founder and CEO of Magellan Powertronics declared, “Our partnership with Statcon Energiaa is the consequence of our common enthusiasm and knowledge for modifying industrial backup power systems and energy storage tools. In the upcoming years, we anticipate that this connection will grow even stronger and more productive.

Through its four core business areas, Solar-Power-Defense-Railway, Statcon Energiaa offers a variety of energy solutions to more than 20 countries across three continents. The company is also well known for its renewable energy solutions for residential, commercial and industrial usage.

“Both organizations take pleasure in their globally diversified ideas”, concluded Manoj Pande, “Through strategic collaborations and ongoing technological advancement, we must be ready to meet the challenges of this expanding renewable energy sector.“