Business EconomyPosted at: Mar 6 2025 5:37PM


Vikram Solar to venture into fully integrated solid-state cell and battery manufacturing

Kolkata, Mar 06 (UNI) Vikram Solar has planned to set up 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, according to a media statement here on Thursday.
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% of its power requirement from renewable energy and the revised target is 50% 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.”
UNI SJC KK
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