Distributed Storage

BluSmart Mobility secured $37 million in equity and $5 million in venture debt in its latest funding round. It will use the funds to expand its EV fleet capacity to 10,000 over the next one year and penetrate deeper into megacities.

Kunwer Sachdev, the founder of Su-kam brand inverters in India, has converted his farmhouse in Gurugram into an R&D and manufacturing facility for new-age solar and lithium battery storage products under his new venture Su-vastika Systems. He speaks to pv magazine about their offerings including mobile energy storage, lithium battery tester, solar inverters, and more.  

Oil India intends to deploy battery energy storage systems (BESS) alongside gas engine-driven generators in its field installations. With this arrangement, it will run the generator during the daytime only (while charging the BESS) and draw power from the charged BESS for the night hours.

The 3 kW battery energy storage system with a 3 kW hybrid inverter and a 4.8 kWh, 48V lithium-ion battery module can be scaled to MW scale depending on the power backup requirement. 

Solis has released a new line of hybrid inverters in five different power output versions, ranging from 3 kW to 8 kW. The hybrid inverters can be used with either lithium-ion or lead-acid batteries, with a maximum charging and discharging current of 190 A.

Bengaluru-based Log9 Materials has launched the production of li-ion battery cells from its factory in Bengaluru. The facility will produce lithium-titanium-oxide (LTO) and lithium ferro-phosphate (LFP) chemistry cells with significantly improved energy densities.  

Researchers in India have combined PV generation with heat produced by an earth-to-air heat exchanger to provide buildings with space heating and cooling. They say the proposed system could result in an annual energy gain of 8116.7 kWh.

Su-Kam Power Systems has signed a memorandum of understanding with Himachal Pradesh government to establish a sustainable energy storage park in the state. It plans to invest around INR 300 crore to manufacture renewable, e-mobility, and solar energy products in this park in the near future.

IndiGrid has installed and commissioned a pilot project of solar panel bank coupled with battery energy storage systems (BESS) at its Dhule Substation in Maharashtra.

India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world.