Founded in 2020 by Nitesh Bhutada and Nitin Sharma, Newen Systems is quickly establishing itself as a leading force in the renewable energy sector in India.
Headquartered in Vadodara, Gujarat, the startup is dedicated to addressing some of the most pressing energy challenges faced by the country and the world at large.
By providing innovative solutions in energy storage, green hydrogen, and electric mobility, Newen is contributing to a cleaner and more sustainable energy future.
The Challenge: Energy Storage and Sustainability
With countries working to achieve their Net Zero targets and address climate change, the transition to renewable energy sources is more essential than ever.
However, one of the significant hurdles in this transition is the intermittent nature of renewable energy sources like solar and wind. To effectively harness these resources, robust energy storage solutions are essential.
This is where Newen Systems steps in.
Newen offers a comprehensive range of energy storage solutions, specifically Battery Energy Storage Systems (BESS).
These systems provide resilience, enhance grid interaction, and enable predictable project execution, which is crucial for customers, communities, and countries looking to make a sustainable shift.
The company’s BESS philosophy allows for the conversion of renewable energy resources into dispatchable power sources, ensuring that energy can be delivered when it’s needed most.
Technologies: Pioneering the Energy Storage Sector
Newen’s journey into the energy storage market began with its collaboration with Dynapower, a globally recognized brand in power conversion technologies.
Through this partnership, Newen brings best-in-class engineering solutions to the Indian market.
The startup has already deployed over 4,500 MWh of clean energy and offset more than 4,300 tonnes of CO2 emissions across 25 project sites, showcasing its commitment to sustainability.
The company’s energy storage solutions are custom-engineered to meet the specific needs of its clients, focusing on both “Front of the Meter” and “Behind the Meter” applications.
This flexibility is a key component of Newen’s strategy, allowing it to adapt to various customer requirements and deliver maximum economic value without being constrained by technology limitations.
Green Hydrogen: Fueling the Future
In addition to energy storage, Newen Systems is making strides in the green hydrogen sector, recognizing its critical role in helping industries achieve their Net Zero goals.
The company offers complete power system solutions for both DC and AC microgrids, as well as grid-connected hydrogen generation plants.
By leveraging its expertise in executing large-scale green hydrogen projects, Newen helps clients select the optimal generation topology and electrolyzer technology.
Green hydrogen, produced from 100% renewable energy sources, is increasingly seen as a viable solution for decarbonizing hard-to-abate sectors such as heavy industry and transportation.
Newen’s approach to green hydrogen generation not only supports sustainability efforts but also fosters innovation and job creation within the renewable energy sector.
E-Mobility: Revolutionizing Electric Vehicle Charging
Newen’s innovative spirit extends to the electric mobility sector with its groundbreaking DC Coupled Standalone Solar Solution, which has introduced the concept of ‘Way-Point Charging.’
This solution targets regions with limited or no grid access, thereby accelerating the adoption of electric vehicles (EVs) across various applications, from intercity electric buses to agricultural machinery.
By integrating energy storage systems with solar power, Newen enhances the efficiency of EV charging, allowing for seamless off-grid power supply.
This approach not only mitigates grid congestion but also supports the widespread acceptance of electric mobility, contributing to a greener transportation landscape.
Sustainability and Growth
Newen Systems is driven by a clear mission: to make the energy value chain sustainable while regenerating the planet through renewable solutions.
The company envisions creating cutting-edge energy storage technologies that will not only position it as a market leader but also generate stable returns for stakeholders.
The journey of Newen Systems has been remarkable, marked by significant milestones.
In 2020, it established India’s first 1 GW Power Conversion System (PCS) manufacturing line, demonstrating its commitment to scaling up production capabilities.
By 2021, the company achieved ISO 9001 certification, ensuring its operations meet international quality standards, and received UL authorization for its products, further solidifying its credibility in the market.
In 2022, Newen made impressive strides with a firm order book of over 500 MW, highlighting its growing footprint in the energy storage sector.
The company was recognized as one of the most promising companies globally and received accolades as the Emerging Company of the Year by India Achievers.
These achievements underscore Newen’s innovation and reliability in providing sustainable energy solutions.
By 2023, Newen further cemented its position in the green energy landscape by launching India’s first green hydrogen project and introducing the groundbreaking ‘Way-Point Charging’ concept for electric vehicles in the Himalayas.
This initiative targets areas with limited or no grid access, significantly boosting the adoption of electric vehicles across diverse applications, including intercity electric buses and agricultural machinery.
With strategic partnerships and a commitment to innovation, Newen is poised to play a pivotal role in India’s transition to renewable energy.
The startup’s journey showcases a forward-thinking approach to sustainability, proving that economic growth and environmental stewardship can thrive together.
