Li-ion

Kelwon has introduced Lithium battery inverters as a compact and safe alternative to conventional lead-acid battery inverters. These inverters have an inbuilt lithium battery, which can be charged with solar as well as grid electricity.

The Indian startup has opened a lithium battery recycling unit in Bengaluru that deploys a chemical-free process for metal extraction. The facility has the capacity to process 1,500 tonnes of dead batteries per year.

The Indian startup plans to expand its lithium battery manufacturing capacity to 1 GWh by December next year, from the currently under-construction 100 MWh.  

The New Delhi-based solar and EV charger manufacturer has formed a new arm, Techbec Industries, to manufacture lithium batteries for electric vehicles (EVs) and solar energy storage applications. 

Renon India, an energy storage startup, has announced a new full-year revenue target, as well as plans to ramp up its annual lithium battery manufacturing capacity from 200 MWh to more than 500 MWh.

India’s Mecwin has unveiled compact, wall-mountable lithium battery inverters with 1,100 VA and 2,100 VA ratings. The 1,100 VA devices measure 455 mm x 530 mm x 235 mm and weigh 23 kg. The built-in battery can be charged with grid power and solar electricity. 

As sales of Li-ion batteries accelerate, both governments and the largest battery manufacturers are beginning to grapple with the question of whether local manufacturing facilities are desirable or even necessary. Although this appears to buck the trend of technological development over the last few decades, there are a number of technical as well as geopolitical reasons that make this a major issue for all Li-ion battery manufacturing stakeholders. Everoze partner Jamie Shaw-Stewart explores some of these issues.

Japanese carmaker Suzuki Motor is investing INR 7,300 crore (around $914 million) to set up the electric vehicle battery plant at Hansalpur in Gujarat. The plant will manufacture advanced-chemistry cell batteries.

Dutch manufacturer MG Energy Systems is offering a new storage system in two versions, with capacities of 5.8 kWh and 7.2 kWh and nominal capacities of 230 Ah and 280 Ah.

A new India Energy Storage Alliance (IESA) report projects electric vehicle sales to grow by as much as 49% per year to 17 million units by 2030, with electric two-wheelers accounting for almost 88% of total demand.