New Delhi, Investment commitments of over Rs 2,000 crore in energy storage, electric vehicles and green hydrogen sectors are expected to be announced at India Energy Storage Week 2024 in July, the Alliance said on Wednesday Energy Storage Agency (IESA).
IESA will organize its annual flagship international event, India Energy Storage Week (IESW) International Conference and Exhibition, from July 1 to 5, 2024, in New Delhi, according to a statement.
IESW 2024 will become the launchpad for multiple factory and gigafactory announcements that will pave the way towards India's global manufacturing hub mission.
A week before the 10th edition of IESW, IESA announced potential investment of over Rs 2,000 crore in India at IESW 2024, he said.
IESW 2024 is expected to feature more than 150 key partners and exhibitors and more than 1,000 companies. The event will include more than five new factory announcements.
Singapore-based VFlowTech has announced the launch of the largest long-duration energy storage (lithium-free battery) manufacturing facility in Palwal, Haryana during India Energy Storage Week (IESW) 2024.
Vivek Seth, Managing Director (India), VFlowTech India Pvt Ltd, said, “Focused on producing VFlow Tech’s advanced kWh and MWh VRFB systems, our new facility represents an important milestone in the company’s expansion strategy.
The high-tech facility has a current annual capacity of 100 MWh and is planned to be expanded into a gigafactory in the next two years with committed investments from the Singapore parent company, Seth added.
Nash Energy will showcase its locally produced lithium-ion battery cell at IESW 2024, which is manufactured in India.
Anil Kumar, COO of Nash Energy, said in the statement: "We are the first company in India to launch a dedicated large-scale lithium-ion battery plant. Nash has set up a lithium-ion cell manufacturing plant. lithium in Karnataka with an annual capacity of 600 MWh scalable to 1.5 GWh to produce 32140 cylindrical format LFP cells. The factory will start production next month.
BatX Energies also announced the opening of its state-of-the-art battery recycling and materials extraction facility, HUB-1 at IESW 2024.
The new HUB-1 facility is designed to extract 2.5 thousand metric tons of battery materials annually, encompassing all battery chemistries to drive the global energy transition towards a circular and sustainable economy path.
This plant is fully integrated with an advanced materials science research laboratory (funded by the Ministry of Heavy Industries), a commercial scale battery refurbishment facility (10 MW) and a proprietary and locally designed materials extraction plant.
Lohum, the leading battery materials company specializing in lithium-ion battery recycling, also announces its entry into the manufacturing of next-generation “manganese-rich” lithium-ion battery technology, supported by a grant of research and development of the Ministry of Mines of India.
Aligned with this goal, the company has hired former Tesla veteran Chaitanya Sharma, founder of Nascent Materials.
Khusmanda Power's Bharat Cell also announced its entry into the BSES space with the announcement of a 2 GWh BSES system manufacturing facility at IESW 2024.
It has successfully established itself as Asia's largest launch platform for new products, solutions and technologies in the energy storage, electric mobility and green hydrogen space.
New product launches at IESW 2024 include a 20-foot BESS system, a specialized solvent extractant chemical for cobalt recovery from spent lithium-ion batteries and mining minerals, isothermal air compression and expansion technology for energy storage Long-lasting and a composite wrapped pressure vessel. for the storage of green Hydrogen by several companies.
IESW 2024 is also expected to witness the signing of more than five MoUs and partnership agreements at the event, including one of the MoUs between IESA and Powering Australia.
IESA will organize its annual flagship international event, India Energy Storage Week (IESW) International Conference and Exhibition, from July 1 to 5, 2024, in New Delhi, according to a statement.
IESW 2024 will become the launchpad for multiple factory and gigafactory announcements that will pave the way towards India's global manufacturing hub mission.
A week before the 10th edition of IESW, IESA announced potential investment of over Rs 2,000 crore in India at IESW 2024, he said.
IESW 2024 is expected to feature more than 150 key partners and exhibitors and more than 1,000 companies. The event will include more than five new factory announcements.
Singapore-based VFlowTech has announced the launch of the largest long-duration energy storage (lithium-free battery) manufacturing facility in Palwal, Haryana during India Energy Storage Week (IESW) 2024.
Vivek Seth, Managing Director (India), VFlowTech India Pvt Ltd, said, “Focused on producing VFlow Tech’s advanced kWh and MWh VRFB systems, our new facility represents an important milestone in the company’s expansion strategy.
The high-tech facility has a current annual capacity of 100 MWh and is planned to be expanded into a gigafactory in the next two years with committed investments from the Singapore parent company, Seth added.
Nash Energy will showcase its locally produced lithium-ion battery cell at IESW 2024, which is manufactured in India.
Anil Kumar, COO of Nash Energy, said in the statement: "We are the first company in India to launch a dedicated large-scale lithium-ion battery plant. Nash has set up a lithium-ion cell manufacturing plant. lithium in Karnataka with an annual capacity of 600 MWh scalable to 1.5 GWh to produce 32140 cylindrical format LFP cells. The factory will start production next month.
BatX Energies also announced the opening of its state-of-the-art battery recycling and materials extraction facility, HUB-1 at IESW 2024.
The new HUB-1 facility is designed to extract 2.5 thousand metric tons of battery materials annually, encompassing all battery chemistries to drive the global energy transition towards a circular and sustainable economy path.
This plant is fully integrated with an advanced materials science research laboratory (funded by the Ministry of Heavy Industries), a commercial scale battery refurbishment facility (10 MW) and a proprietary and locally designed materials extraction plant.
Lohum, the leading battery materials company specializing in lithium-ion battery recycling, also announces its entry into the manufacturing of next-generation “manganese-rich” lithium-ion battery technology, supported by a grant of research and development of the Ministry of Mines of India.
Aligned with this goal, the company has hired former Tesla veteran Chaitanya Sharma, founder of Nascent Materials.
Khusmanda Power's Bharat Cell also announced its entry into the BSES space with the announcement of a 2 GWh BSES system manufacturing facility at IESW 2024.
It has successfully established itself as Asia's largest launch platform for new products, solutions and technologies in the energy storage, electric mobility and green hydrogen space.
New product launches at IESW 2024 include a 20-foot BESS system, a specialized solvent extractant chemical for cobalt recovery from spent lithium-ion batteries and mining minerals, isothermal air compression and expansion technology for energy storage Long-lasting and a composite wrapped pressure vessel. for the storage of green Hydrogen by several companies.
IESW 2024 is also expected to witness the signing of more than five MoUs and partnership agreements at the event, including one of the MoUs between IESA and Powering Australia.
