Vikram Solar to set up 1gwh solid-state battery manufacturing facility, expand BESS portfolio
Kolkata: Solar photo-voltaic module manufacturer Vikram Solar plans to setup a 1GWh fully integrated solid-state cell and battery manufacturing facility with proprietary Battery Management System (BMS) technology.
The upcoming facility in Chennai, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market with sustainable, innovative battery solutions with improved performance, the company said in a press release.
Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar said “Leveraging the technology of our partners, Entity2 Energy Storage Pvt ltd., which holds several patents for non-lithium solid-state battery technologies, we are committed to producing batteries that can be scaled up to meet the growing energy needs.”
As per CRISIL Report, at present India meets only around 15-20% of its power requirement from renewable energy and the revised target is 50% of its energy requirements from renewable energy by 2030, he noted.
To accommodate such a high proportion of variable generation in the overall energy mix, there will be a need of additional investment in battery storage.
Vikram Solar’s PowerHive Battery Storage is our response to this need.
As per CRISIL Report, projections are showing a 23-24 GW capacity addition in Battery Energy Storage Systems (BESS) over the fiscal years 2025 to 2030.
As demand for round-the-clock clean energy grows, Battery Energy Storage Systems (BESS) present a key solution for efficient energy storage.
By adding BESS to its portfolio, Vikram Solar aims to strengthen its position as a one-stop solution provider, leveraging its partner network and R&D to drive innovation in battery chemistry.
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