IESA Aims to Make India 'Global Hub' for R&D and Manufacturing of ACC Batteries
The vision also states that Indian battery supply chain industry could scale to 1000+ GWh scale manufacturing capacity with enabling policy and regulatory framework.
October 09, 2023. By News Bureau
IESA has also recieved immense response from Niti Aayog, MHI and Ministry of Mines for this vision. The vision also states that Indian battery supply chain industry could scale to 1000+ GWh scale manufacturing capacity with enabling policy and regulatory framework.
Dr. Rahul Walawalkar, Chair, WESD, Founder and President of India Energy Storage Alliance and President & MD, Customized Energy Solutions (CES), India said, “India Energy Storage Alliance is anticipating that the first giga factories in India will start commercial production in 2024 and installed manufacturing capacity of ACC Batteries should scale to 50+ GWh by 2027-28. Based on current announcements, Indian giga factories should scale to 150+ GWh annual capacity by end of 2030. IESA has also set a vision to further scale this capacity to 500+ GWh by 2035 considering the demand growth for both stationary storage and emobility in India. In addition, there is a great opportunity for localising key components of giga factories such as Cathode, Anode, separator, Electrolytes etc. with the need for alternate supply chain in developed markets such as US and European Union.”
IESA marked a significant milestone at the World Energy Storage Day (WESD) 2023 Global Virtual Conference & Expo, where energy storage, clean tech and EV experts hailing from 70 countries came together and supported India Battery Manufacturing vision with one voice. Experts also discussed how energy storage and electric mobility can align with the Prime Minister's vision for a greener India.
The platform also witnessed unique workshops emphasising the critical need for comprehensive guidelines in safety education across the entire ecosystem, from first responders to electricity inspectors. The workshops also highlighted the need to proactively establish standards to prevent potential issues, especially in battery energy storage systems.
On the workforce front, experts at the workshop agreed that skilled professionals will be the linchpin of the industry's growth in the coming decade. With the rapid deployment of energy storage and mobility technologies, India needs to invest in massive workforce development.
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