Chemi Tech Join Hands with Australian Co. to Make Lithium-Ion Battery based Inverters in India

Solar distribution & rooftop EPC player Chemi Tech Group has now joined hands with Sunpower Renewables of Australia to bring in their Lithium-Ion battery based offgrid and hybrid solar inverters along with electric vehicle (EV) charging based solutions in India.

December 19, 2020. By Manu Tayal

Solar distribution & rooftop EPC player Chemi Tech Group has now joined hands with Sunpower Renewables of Australia to bring in their Lithium-Ion battery based offgrid and hybrid solar inverters along with electric vehicle (EV) charging based solutions in India.

Commenting on the partnership, Nick Wood, Managing Director, New Markets at Sunpower Renewables said, “the partnership poses great opportunities as a result of working synergies that exist between Sunpower Renewables and Chemi Tech. The market is now ripe for cleantech options with several measures being imposed in India to curb diesel usage. We see this as fast evolving market with a strong focus on renewables and with year on year growth for EV cars.”

The company claimed that it will be the first company in India to manufacture these inverters locally and have signed a MoU with a Melbourne based company for Technology transfer.

“We will be the 1st company to offer such solutions manufactured in the country itself. These solutions will also be useful in many places that ban diesel gensets during winter months due to increase in pollution levels, like Delhi. Overall, if you look at them being used as a backup instead of DGs, the cost advantages are immense. People living in societies can install them in their homes. They can charge the batteries when grid is available and use when the power goes out. Most societies charge around 18-25 Rs per unit for backup power and it will help residents save up a lot of cost,” said Akarsh Gupta, Director, Chemi Tech Group.

While talking about market scope, Akarsh Gupta said that “due to many states discouraging the use of net metering, and the latest notification about scraping of net metering above 5 kW, the market will eventually move towards hybrid and off-grid systems. The cost difference between Lead-acid and Lithium ion batteries is reducing every day. Even now, the advantages of Li-ion outweigh the cost difference between the two batteries. Li-ion batteries are maintenance free and will run for around 15 years with ease, Lead-acid have to be replaced every 3 years, are bulky and require regular maintenance.”

Meanwhile, the Noida-headquartered company is planning to kick-off production of these inverters at its manufacturing unit in Hyderabad from June 2021 onwards, till then the inverters will be imported from Melbourne.

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