India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a Press Conference, IESA announced the potential investment of over INR 2000 Crore coming to India at IESW 2024.
In the esteemed presence Cristian Valdes Carter, Director & Commercial Counsellor – India, Innovation Norway, Royal Norwegian Embassy in New Delhi; Nashid Chowdhury, Investment and Trade Commissioner, India-Gulf, Government of Western Australia along with more than 10 industry CXOs and IESA executives and other government representatives, IESA also shared the new factory announcements at IESW to fuel India’s global energy storage and clean tech hub mission.
Scheduled to take place from July 1-5, 2024, IESW 2024 – International Conference & Expo is expected to witness the participation of over 150 key partners and exhibitors and 1000+ companies.
IESW 2024 will hold 5+ new factory announcements. Singapore headquartered, VFlowTech is proud to announce the launch of the largest long-duration energy storage manufacturing facility (non-lithium battery) at Palwal, Haryana during the 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 a significant milestone in the company’s expansion strategy. The high-tech facility has a current annual capacity of 100 MWh with plans to scale up to a Gigafactory in the next 2 years with committed investments from the parent Singapore company. Now we are ready for Indian operations and scaling up with a larger presence in India.”
Nash Energy will showcase its indigenously produced Li-Ion battery cell at IESW 2024, which is manufactured in India. Anil Kumar, COO, Nash Energy said, “We are the first company in India to launch a dedicated Li-Ion battery plant at a massive scale. Nash has set up a Lithium Ion cell manufacturing plant in Karnataka with an annual capacity of 600 MWh scalable to 1.5 GWh to produce LFP cylindrical 32140 format cells. The factory will start production by next month.”
BatX Energies announces the opening of its facility, HUB-1 designed to extract 2.5 thousand metric tons of battery materials annually, encompassing all battery chemistries to drive the global energy transition to a sustainable and circular economy pathway.
Lohum is also announcing to enter next-gen ‘Manganese-rich’ Lithium-ion battery technology manufacturing, supported by an R&D grant from India’s Ministry of Mines. Aligned with this objective, the company has roped in ex-Tesla veteran Chaitanya Sharma, Founder of Nascent Materials.
Bharat Cell by Khusmanda Power also announced its entrance to BSES space with the announcement of a 2 GWh BSES system manufacturing facility at IESW 2024.
IESW 2024 is also expected to witness the signing of 5+ MoUs and Partnership deals at the event including one of the MoU between IESA and Powering Australia. IESW 2024 has received confirmations from 10+ central Ministries and bodies of active participation and 150+ partners & Exhibitors and 1000+ global delegates from 30+ countries including Japan, Southern Korea, Germany, France, Norway, Singapore, Australia, the UK, the USA, and other countries.