India’s Loom Solar has unveiled IoT-based all-in-one energy storage solutions for homes and businesses. The systems use lithium iron phosphate (LFP) batteries and are available in storage capacities of 5 kWh and 10 kWh.
As the energy storage trend unfolds, stories litter the media landscape about lithium-ion batteries catching fire, and even exploding. This is a valid concern, as the time for consumers to understand a basic truth about lithium-ion batteries is long past due.
The purchase follows Epsilon’s recent $1.1 billion investment in the establishment of a 100,000-ton cathode battery materials manufacturing facility in Karnataka, India.
Amara Raja Batteries has changed its name to Amara Raja Energy & Mobility as it directs its focus to becoming a comprehensive solutions provider in the energy and mobility space.
JSW Cement plans to transition to EV trucks across its manufacturing operations. Toward achieving that goal, it has initiated an EV truck pilot project between its manufacturing operations in Karnataka and Andhra Pradesh.
Shyam Metalics’ entry into battery-grade aluminum foil at scale will support domestic Lithium-ion battery production.
Exide Energy is setting up 6 GWh of lithium battery capacity initially, including 3 GWh for lithium nickel cobalt manganese oxide (NCM) and lithium iron phosphate (LFP) cells each. It plans to scale it to 12 GWh in the near future.
To decarbonize the grid, India needs to add 40-50 GW of grid-scale renewable energy (solar and wind) capacity every year for the next few decades and phase out coal.
The battery packages include a battery, an inverter and a control system. The US manufacturer claims its storage systems have a lifespan of over 10,000 cycles and a depth of discharge of 80%.
Tesla has submitted a proposal to the Indian government to set up a battery storage factory in India as the company looks to develop Powerwall business in the nation.
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