Su-Kam Power Systems, a power solutions providers in India, has signed a memorandum of understanding (MoU) with the Himachal Pradesh Government to set up a Sustainable Energy Storage Park in the state.
Su-Kam plans to produce e-mobility and solar energy products on the approximately 50-acre site at this Sustainable Energy Storage Park. As per the MoU, the company will be allotted the necessary land, along with external developments and other required infrastructure facilities. Additionally, it will receive connectivity to the highway and other incentives as per the government norms.
Sanchit Sekhwal Goyal, Director, Su-Kam Power Systems, said, “We plan to invest around INR 300 crore in the coming years and expand in green energy such as renewable, e-mobility, and other sustainable energy product segments. We will be producing EV batteries and chargers for both two and four-wheelers, solar panels, and expanding our solar range.”
Su-Kam expects the project to provide employment to more than 1,000 people. It has a vast network of over 10,000 dealers in India and a presence in more than 70 countries worldwide. Products range includes solar power generation system comprising inverters, batteries, etc.
“The Energy Storage Systems Division of Su-Kam is committed to developing futuristic products, moving towards the next generation of energy storage systems. We are very soon going to launch Lithium-ion batteries also,” said Goyal.
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