ANI
09 Dec 2021, 20:18 GMT+10
New Delhi [India], December 9 (ANI/BusinessWire India): Luminous Power Technologies, a leader in power backup and home electricals in India, today announced a formal evaluation agreement with Gridtential Energy, the inventor of Silicon Joulereg;bipolar battery technology.
The partnership is another milestone in the continued adoption of Silicon Joule in the fast-growth energy storage solutions market. 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 agreement, Luminous will evaluate a combination of 6V and 12V Silicon Joule reference batteries and, using Gridtential's development kits, build prototype batteries in preparation for future production.
By producing Silicon Joule batteries, Luminous will deliver lighter, safer, longer-lasting batteries that require far less maintenance - while leveraging its existing production lines and expertise in solar materials.
Commenting on the partnership, Vipul Sabharwal, Managing Director, Luminous Power Technologies said, "Advanced Lead acid battery like Bi polar is an exciting breakthrough in lead battery technologySilicon Joule's innovation in this space provides us with an unprecedented opportunity to bring more added value to the customer in energy storage in Indian homes. Energy storage is also going to be key for scaling up solar energy and this promises to be a suitable technology for our product development endeavors towards our customers in future. This partnership represents a significant growth opportunity for Luminous with a commitment of working towards sustainable energy."Adding to this, John Barton, CEO, Gridtential said, "India is an extremely important market for us and we're proud to be working with the country's top battery manufacturers to support demand for renewable and reliable energy in homes, businesses and vehicles."The International Energy Agency estimates in its India Energy Outlook 2021 report that India could double its renewables capacity to 900GW by 2040.
Silicon Joule is a revolutionary battery technology that substitutes treated silicon wafers, like those found in solar panels, for conventional lead grids to create an advanced silicon-lead battery. The battery delivers up to 5X the power density, 2X the discharge rate at a 75 percent lower Levelized cost of electricity (LCOE) than conventional lead batteries.
Industries from automotive to energy storage systems are searching for lower-cost, sustainable power solutions to meet diverse energy needs. Silicon Joule combines the environmental benefits of lead batteries (99 percent recyclable) with the proven high-performance characteristics of silicon from the solar industry.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)
Get a daily dose of South America Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to South America Times.
More InformationManila, Philippines: Amidst plans to resume an investigation into the Philippines' bloody "War on Drugs," President Ferdinand Marcos Jr ruled ...
LONDON, England: Prosecutors and police have charged a 20-year-old man, arrested in December 2021 with a crossbow while on the ...
BERLIN: Germany: A debate is raging in Germany over whether it should decommission its three remaining nuclear power plants as ...
WELLINGTON, New Zealand: After being shut since March 2020 due to the coronavirus pandemic, New Zealand's borders fully re-opened to ...
TEHRAN, Iran: This week, Iranian media reported that the country's border guards clashed with the Afghan Taliban in the latest ...
LONDON, UK - Myanmar's military has been accused of using Russian-made Yak-130 aircraft with ground attack capability against civilians to ...
Police in New Mexico on Sunday asked for the public's help in locating a 'vehicle of interest' in their probe ...
A sinkhole in Chile has doubled in size, growing large enough to engulf France's Arc de Triomphe and prompting officials ...
Bogota, Colombia - Colombia's first leftist president was sworn into office Sunday, promising to fight inequality and heralding a turning ...
HAVANA - Cuban firefighters were joined by special teams sent by Mexico and Venezuela Sunday as they battled for a ...
Moscow [Russia], August 7 (ANI/Sputnik): Russian Foreign Ministry spokeswoman Maria Zakharova said on Sunday that Moscow remains in close contact ...
Minnesota United FC acquired the discovery rights to midfielder Jonathan Gonzalez and signed him on loan through the rest of ...