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India Urgent Construction Pack Factory To Ease The Market Demand 2017 Annual Capacity Increase Over 1GWh
Jun 21, 2017

The Indian Energy Storage Alliance (IESA) said it expects to add a total of more than 1GWh capacity of lithium battery pack factories in 2017 and a large number of foreign companies in India to deploy power batteries.

At present, the Indian Energy Storage Alliance in South Asia deployed more than 1GWh lithium battery applications, including the telecommunications tower and the bank's ATM equipment. India's production capacity has been unable to meet the demand, and now the company began to buy from outside the country, the battery pack.

"The strong demand for batteries in these applications in South Asia will continue, so since the end of last year, many companies have started building pack factories in India and have chosen to buy batteries from China, Japan and South Korea," said RahulWalawalkar, executive director of IESA. It is worth mentioning that most of these packs are about 100MWh.

India's business newspaper "Economic Times" reported: including Acme, Delta, Exicom and some other large companies, are carrying out the battery line construction. Once the equipment is delivered, at least five companies can start production immediately, while several other projects are expected to be completed in the next two to three months. Indian oil company (IOC), India's largest fuel supplier, is also developing batteries and other technologies for energy storage applications. According to "Economic Times" reported, IOC mainly focus on lead acid, and lithium-ion battery.

In addition, Walawalkar also pointed out: "At least four or five companies are in the early stages of planning; they identified the location of the factory; is to confirm the procurement of batteries partnership."

However, to promote the development of lithium-ion battery manufacturing industry is not only the energy storage industry, electric vehicles is a big push of lithium batteries, and India in the next few years to be introduced into the main electric action market. Indian Energy Minister Piyushung has developed a very ambitious goal: to replace all traditional vehicles with EV by 2030.

Walawalkar said: India has more than 600,000 electric rickshaws and the same number of electric two-wheelers. As well as EV battery exchange stations and many other innovative projects. Acme launched its first such station last month to provide electricity for electric taxis.

In addition. Suzuki Motor Company, Toshiba Corporation and Denso are forming a joint venture to produce lithium-ion batteries for cars in India, plans to spend a total of 20 billion yen (about 1.8374 billion US dollars).