Vikram Solar to enter solid-state battery manufacturing

Vikram Solar Enters Solid-State Battery Market.

Expert Analysis :

• Expansion Plan: Vikram Solar will establish a 1 GWh solid-state battery facility, scalable to 5 GWh, with proprietary BMS technology to meet global energy demand.

• Self-Reliant Innovation: Vikram Solar’s India-made solid-state batteries, developed with Entity2 Energy Storage, support Atmanirbharta and India’s renewable energy and climate goals.

• Advanced Solid-State Batteries: They offer higher power storage, fire safety, a 10,000-cycle lifespan, 5C charge rate stability, and the use of domestic materials for supply chain resilience.

• Eco-Friendly Solution: Vikram Solar’s batteries are recyclable, non-hazardous, and eco-friendly, minimizing environmental impact.

• Renewable Energy Push: With India targeting 50% renewable energy by 2030, PowerHive BESS aligns with 23-24 GW BESS capacity addition projected for FY25 -30.

• Integrated Energy Solution: Vikram Solar expands into BESS, combining power generation and storage, leveraging R&D and partnerships for battery chemistry innovation.

• Industry Recognition: With a 4.5 GW production capacity, Vikram Solar is a PVEL Top Performer and a Bloomberg NEF Tier 1 PV module manufacturer.