Vikram Solar To Establish 1 GWh Solid-State Battery Facility, Plans 5 GWh Expansion

ENA Sectors 2025-03-07 14:33:59 New Delhi, Mar 7 (KNN) Vikram Solar, a prominent solar photo-voltaic module manufacturing company, has announced plans to establish a 1 GWh fully integrated solid-state cell and battery manufacturing facility equipped with proprietary battery management system technology, according to a report published in The Economic Times. The facility is initially designed with scalability in mind, with plans to expand capacity to 5 GWh to meet the increasing energy demands of an evolving global market. This strategic expansion represents a significant advancement in India's domestic battery production capabilities. Gyanesh Chaudhary, Chairman and Managing Director of Vikram Solar, emphasised the company's commitment to self-reliance, stating, Our solid-state batteries, developed and manufactured with majority components which are India-made, support 'Atmanirbharta' and align with India's renewable energy and climate goals. The company intends to leverage technology from its partner, Entity2 Energy Storage Pvt Ltd, which holds several patents for non-lithium solid-state battery technologies. This partnership will enable Vikram Solar to produce batteries that can be scaled up to meet growing energy requirements. Currently, India derives only 15-20 percent of its power from renewable sources, with a revised target of meeting 50 percent of its energy requirements from renewable energy by 2030, according to a Crisil Report. To accommodate such a high proportion of variable generation in the overall energy mix, substantial additional investment in battery storage will be necessary. As demand for uninterrupted clean energy continues to grow, Battery Energy Storage Systems (BESS) offer a crucial solution for efficient energy storage, addressing one of the primary challenges in renewable energy deployment. India's renewable energy landscape includes major solar installations such as the Bhadla Solar Park (2.25 GW) in Rajasthan and the Pavagada Solar Park (2 GW) in Karnataka. Wind energy is also expanding significantly, particularly in Tamil Nadu, Gujarat, and Maharashtra, which collectively account for over 60 percent of India's wind power capacity. The country is further diversifying its renewable portfolio with hydropower from dams and bioenergy from waste, reducing dependence on conventional fossil fuels like coal and oil. The Indian government has established an ambitious target of reaching 500 GW of renewable energy capacity by 2030, with substantial investments planned in green hydrogen, energy storage, and smart grid technologies. Despite the rapid advancement in the renewable energy sector, media reports indicate persistent challenges, including the high initial costs of renewable projects, substantial land requirements, and necessary improvements in electricity storage and distribution infrastructure. Government initiatives such as the National Solar Mission, Renewable Energy Parks, and Production Linked Incentive schemes are actively encouraging investment in the sector. India has also set its sights on becoming a leader in green hydrogen production, targeting 5 million metric tons annually by 2030. With increasing environmental awareness and technological advancements, India appears positioned to emerge as a global leader in clean energy, contributing to reduced carbon emissions and enhanced long-term energy security. (KNN Bureau) 41316 https://knnindia.co.in/news/newsdetails/sectors/vikram-solar-to-establish-1-gwh-solid-state-battery-facility-plans-5-gwh-expansion 2025-03-07 14:33:59 knnindia.co.in Vikram Solar To Establish 1 GWh Solid-State Battery Facility, Plans 5 GWh Expansion