Luminous Power Technologies, a leader in standby power and home electricity in India, today announced a formal evaluation agreement with Gridtential Energy, the inventor of Silicon Joule® bipolar battery technology.
This partnership is another important step in the continued adoption of Silicon Joule in the rapidly growing market for energy storage solutions. The demand and growth of energy storage in the Indian market will drive the need for low cost, safe and recyclable storage batteries for years to come.
Under the deal, Luminous will test a combination of benchmark 6V and 12V silicon-joule batteries and, using Gridtential’s development kits, build prototype batteries for future production.
By producing Silicon Joule batteries, Luminous will provide lighter, safer and more durable batteries that require much less maintenance – while leveraging its existing production lines and expertise in solar materials.
Commenting on the partnership, Vipul Sabharwal, Managing Director of Luminous Power Technologies, said: “Advanced lead acid battery like Bi polar is an exciting breakthrough in lead acid battery technology and Silicon Joule’s innovation in this space offers us a unprecedented opportunity to bring more added value to the customer in energy storage in Indian homes. Energy storage is also going to be essential for developing solar power and this promises to be a suitable technology for our product development efforts to our customers in the future. This partnership represents a significant growth opportunity for Lumineux with the commitment to work towards sustainable energy. “
In addition, John Barton, CEO of Gridtential, said: “India is an extremely important market for us and we are proud to work with the country’s leading battery manufacturers to support the demand for renewable and reliable energy in the regions. homes, businesses and vehicles. “
The International Energy Agency estimates in its India Energy Outlook 2021 report that India could double its renewable energy capacity to 900 GW by 2040.
Silicon Joule is a revolutionary battery technology that replaces processed silicon wafers, like those found in solar panels, with conventional lead grids to create an advanced silicon-lead battery. The battery delivers up to 5 times the power density, 2 times the discharge rate at a discounted cost of electricity (LCOE) 75% lower than conventional lead acid batteries.
Industries, from automobiles to energy storage systems, are looking for sustainable, low-cost energy solutions to meet a variety of energy needs. Silicon Joule combines the environmental benefits of lead acid batteries (99 percent recyclable) with the proven high performance characteristics of solar industry silicon.
This story is provided by BusinessWire India. will in no way be responsible for the content of this article. (ANI / BusinessWire India)
(With entries from ANI)
Disclaimer: This article was posted automatically from an agency feed without any text changes and has not been reviewed by an editor
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