Leading Indian PV manufacturer Vikram Solar plans to begin manufacturing solid-state batteries. It is set to build a 1 GWh manufacturing facility, with the possibility of expanding up to 5 GWh.
The facility is a testament to the company’s commitment to India’s renewable energy goals.
The new focus on solid-state battery technologies represents a shift towards improvements in battery safety and performance. Solid-state batteries mitigate risks often associated with lithium-ion batteries, like overheating and combustion. Solid-state batteries are widely regarded as a safer alternative, due to their chemical composition that also increases lifespan and stability.
Vikram Solar has collaborated with Entity2 Energy Storage as it moves into this new segment of the industry. The partnership was created with the intent to cater to a growing demand for scalable and efficient battery solutions.
The partnership also allows for Vikram Solar to localize production and in turn, reduce reliance on imports.
According to Energy News, India is targeting a 50% contribution from renewables by 2030, and battery storage will play a large role in meeting that goal. An estimated 23-24 GW yield capacity in battery energy storage systems (BESS) is anticipated by 2025 and 2030.
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