IESA signs MoU with BCKIC to jointly work in the critical minerals for energy, energy transition, and green hydrogen space

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India Energy Storage Alliance (IESA) has signed a Memorandum of Understanding with Bhubaneswar City Knowledge Innovation Cluster (BCKIC) Foundation, Bhubaneswar, Odisha, to strengthen knowledge exchange and promote innovations in the cleantech, critical minerals, and energy sector in India. The main objective of the partnership is to create a shared science & technology ecosystem by increasing interactions between industry professionals of the member organizations [IESA and BCKIC] with each other, as well as with external stakeholders such as research institutes, academia, philanthropic organizations, and the public. The partnership also aims to bolster regional influence and develop national and international competitiveness by promoting the development of state-of-the-art advanced cleantech research facilities and infrastructure.

The MoU was signed, between Debi Prasad Dash, Executive Director of IESA, and Prof. Mrutyunjay Suar, Chairperson of BCKIC in the presence of Dr. Namrata Misra, CEO, BCKIC, and Dr.Jyotsnarani Jena, Associate, Technology Transfer Office, KIIT-TBI. The latest partnership aims to bring the two institutions’ expertise together to augment knowledge exchange, spearhead technology partnerships, and promote innovations in the cleantech and clean energy domain.

The partners have also agreed to jointly work in critical minerals for energy, energy transition, and green hydrogen space to support startups and innovations in this domain in the future. Both partners will also work with global counterparts in the USA, the UK, and the EU to spearhead technology partnerships and tech licensing and transfer of technology of new energy solutions.

Mr. Debi Prasad Dash, Executive Director, IESA said, “This partnership will engage in addressing industry-specific challenges and also to discover innovations from startups and innovators that align with industry needs. IESA will support the development of state-of-the-art advanced cleantech research facilities and infrastructure. IESA will engage with policymakers to advocate for policies that support a competitive and thriving energy sector. This can include advocating for streamlined regulations, tax incentives, and research funding.”

Prof. Mrutyunjay Suar, Chairperson of BCKIC emphasized that this partnership between IESA and BCKIC will create regional influence by establishing technology transfer programs that enable the commercialization of research outcomes from local institutions. It will support the development of state-of-the-art advanced cleantech research and manufacturing facilities in Odisha.

The areas of cooperation between IESA and BCKIC include Developing a Shared Science and Technology Ecosystem, Create Regional Influence, and Develop National & Global Competitiveness. Through this partnership, IESA and BCKIC will work on identifying topics of collaborative research, especially in energy and allied sectors with a focus on developing commercial products/ technologies and their deployment.

IESA and BCKIC will establish strategic partnerships with cleantech and energy storage companies, research organizations, and academic institutions around the world. Such collaborations can lead to the exchange of knowledge, technologies, and best practices, enhancing global competitiveness. IESA and BCKIC will promote and provide training on science-based entrepreneurship and to create short-term exchange programs between industry and academia.

 

About India Energy Storage Alliance (IESA):

 

India Energy Storage Alliance (IESA) is a leading industry alliance focused on the development of advanced energy storage, e-mobility, green hydrogen, and emerging technologies in India. Founded in 2012, by Customized Energy Solutions (CES), IESA’s vision is to make India a global hub for R&D, manufacturing, and adoption of advanced energy storage, e-mobility, and green hydrogen technologies. Today IESA is a proud network of 180+ member companies, encompassing industry verticals from energy storage, EV manufacturing, EV charging infrastructure, green hydrogen, microgrids, power electronics, renewable energy, research institutes and universities, and cleantech startups.

 

About Bhubaneswar City Knowledge Innovation Cluster (BCKIC):

BCKIC Foundation is an initiative by the Office of the Principal Scientific Advisor to the Government of India set up under the direction of the PM-STIAC and stands as a pivotal institution focused on fostering seamless collaboration among research institutions, academia, industry, and corporate entities. Operating on a Hub & Spoke Model, BCKIC is committed to actively promoting innovation and facilitating knowledge exchange across sectors. With a diverse range of objectives, it aims to leverage the abundant knowledge and expertise within partnering academic and R&D institutions and industries, both nationally and internationally, to provide sustainable solutions to local challenges on a global scale. By directing innovation towards impactful societal outcomes, BCKIC emerges as a dynamic catalyst propelling India’s innovation landscape towards greater resilience and prosperity, making a significant societal impact.