Vikram Solar to Launch Advanced Solid-State Battery Manufacturing Facility

Kolkata, India – Vikram Solar, a leading name in the renewable energy sector, has unveiled plans to establish a cutting-edge 1 GWh solid-state cell and battery manufacturing facility. Designed for scalability, the plant has the potential to expand its capacity to 5 GWh, catering to the growing global demand for sustainable energy storage solutions.

Strengthening India's Energy Independence

Gyanesh Chaudhary, Chairman and Managing Director of Vikram Solar, emphasized the strategic importance of this initiative in promoting India's self-reliance in renewable energy. “Our batteries, built primarily with domestic components, align with India’s climate goals and Atmanirbharta (self-reliance),” he stated. The company collaborates with Entity2 Energy Storage, a non-lithium solid-state battery technology pioneer, to develop scalable and efficient energy storage solutions.

Advantages of Solid-State Battery Technology

Solid-state batteries offer several key benefits, including enhanced energy storage capacity, minimal fire or overheating risks, and improved performance across varied temperature conditions. With an estimated lifespan of 10,000 cycles and stability at up to 5C charge rates, these batteries promise high efficiency and superior reliability. Using domestically sourced raw materials also strengthens supply chain resilience and supports local industries.

Eco-Friendly and Sustainable Approach

Vikram Solar’s battery solutions are designed with sustainability in mind, utilizing non-hazardous materials that are fully recyclable. This initiative not only reduces environmental impact but also promotes eco-friendly practices in energy storage.

Addressing India's Growing Energy Storage Needs

India currently generates only 15-20% of its energy from renewable sources but aims to increase this to 50% by 2030, according to a CRISIL report. Meeting this ambitious goal will require significant investment in battery storage. Vikram Solar’s PowerHive storage solutions are well-positioned to contribute to this demand, with CRISIL projecting an additional 23-24 GW of battery storage capacity needed between 2025 and 2030.

Integrating Energy Generation and Storage

With its advanced battery storage technology, Vikram Solar aims to create an integrated energy system that combines renewable energy generation with efficient storage solutions. Its strong industry partnerships and R&D capabilities provide a solid foundation for driving innovation in battery chemistry and energy storage.

A Legacy of Excellence in Renewable Energy

Headquartered in Kolkata, West Bengal, Vikram Solar boasts a cumulative solar module production capacity of 4.5 GW. The company has been recognized as a “Top Performer” in PVEL’s PV Module Reliability Scorecard and is listed as a Tier 1 solar PV module manufacturer by Bloomberg NEF. This latest venture into battery manufacturing further cements its leadership in the renewable energy sector.

By integrating advanced energy storage solutions into its portfolio, Vikram Solar is playing a pivotal role in shaping a sustainable energy future and advancing India’s renewable energy goals.

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