Vikram Solar to launch a 1GWh facility expandable up to 5 GWh

This venture by Vikram Solar is poised to contribute to the energy storage landscape by delivering sustainable, innovative battery solutions with improved performance.

Vikram Solar, plans to setup a 1GWh fully integrated Solid-state Cell and Battery manufacturing facility with proprietary Battery Management System (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market.

This venture by Vikram Solar is poised to contribute to the energy storage landscape by delivering sustainable, innovative battery solutions with improved performance. Vikram Solar’s experience in solar PV module manufacturing, amalgamated with solid-state battery technology, is expected to meaningfully contribute to a cleaner and greener future, drive technological advancements, and foster economic growth.

Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar shared, “Vikram Solar has always worked towards contributing to India’s renewable energy transformation and continues to drive large-scale solar adoption. 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. Leveraging the technology of our partners, Entity2 Energy Storage Pvt ltd., which holds several patents for non-lithium solid-state battery technologies, we are committed to producing batteries that can be scaled up to meet the growing energy needs.” As per CRISIL Report, at present India meets only ~15-20 percent  of its power requirement from renewable energy and the revised target is 50 percent  of its energy requirements from renewable energy by 2030. To accommodate such a high proportion of variable generation in the overall energy mix, there will be a need of additional investment in battery storage.

“Vikram Solar’s PowerHive Battery Storage is our response to this need. As per CRISIL Report, projections are showing a 23-24 GW capacity addition in Battery Energy Storage Systems (BESS) over the fiscal years 2025 to 2030,” he aded. 

Key Features and Advantages of the Solid-state Batteries

The advanced battery technology by Vikram Solar offers superior power storage by minimising the loss of electroactive metal, ensuring greater energy capacity. Designed with safety in mind, these batteries are both thermal and fire hazard resistant. It provide exceptional stability across a wide range of temperatures and operating conditions, eliminating dendrite formation for enhanced reliability. With an impressive lifespan of 10,000 cycles, it deliver long-lasting performance while maintaining stability at a 5C charge rate, ensuring efficiency and improved functionality. Committed to self-reliance, the firm source the majority of raw materials domestically strengthening supply chain resilience and supporting local industries. Additionally, Vikram Solar batteries prioritise sustainability, being fully recyclable and eco-friendly, manufactured from non-hazardous components to minimise environmental impact.

By creating energy storage solutions, the company is contributing towards addressing energy security and sustainability challenges across the world. As demand for round-the-clock clean energy grows, Battery Energy Storage Systems (BESS) present a key solution for efficient energy storage. Through the addition of BESS to its portfolio, Vikram Solar aims to offer an integrated solution that combines power generation and storage, enhancing further its position as a one stop solution provider. The existing partner network and R&D capabilities offer Vikarm Solar a competitive edge to develop disruptive innovation in battery chemistry.