Vikram Solar plans to set up a 1 GWh fully integrated solid-state cell and battery manufacturing facility with proprietary battery management system (BMS) technology. The solar manufacturer said the facility will initially be designed to scale up to 5 GWh, catering to the growing energy demands of a rapidly evolving global market.
Gyanesh Chaudhary, chairman & managing director, Vikram Solar, said, “Our solid-state batteries, developed and manufactured with majority components which are India-made, support ‘Atmanirbharta’ [self-reliance] and align with India’s renewable energy and climate goals. Leveraging the technology of our partners, Entity2 Energy Storage, 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.”
Solidstate batteries offer advantages such as greater power storage due to minimal loss of electroactive metal and reduced risk of fire and overheating. These can work in a wide range of temperature and operating conditions with no dendrite formation. The batteries offer a stable performance for long life of 10,000 cycles. Further, these are stable at up to 5C charge rates, offering efficiency and improved performance. Majority raw materials are sourced domestically, ensuring supply chain resilience and supporting local industries.
The entire product is recyclable, eco-friendly and manufactured from non-hazardous components, minimizing environmental impact.
“As per CRISIL Report, at present India meets only 15-20% of its power requirement from renewable energy and the revised target is 50% of its energy requirements from renewable energy by 2030. 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,” said Chaudhary. “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.”
Through the addition of BESS to its portfolio, Vikram Solar aims to offer an integrated solution that combines power generation and storage. The company said its existing partner network and R&D capabilities offer it a competitive edge to develop disruptive innovation in battery chemistry.
Headquartered in Kolkata, West Bengal, Vikram Solar has a cumulative production capacity of 4.5 GW. It is a ‘Top Performer’ in PVEL’s PV Module Reliability scorecard and has been included in the Tier 1 solar PV modules manufacturer list of Bloomberg NEF.
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