Latest news with #IndiaEnergyStorageAlliance
India.com
14-07-2025
- Business
- India.com
Masterstroke by Modi govt, China's plan failed as India to sign deal agreement with this country for rare earth elements, country is…, not US, Russia, UK, Europe, Saudi Arabia, name is…
India is going through major industrial transformation, with rare earth elements and other critical minerals highly required for it. China holds a monopoly over these rare minerals and has imposed export restrictions on them. After which India has taken several major steps toward becoming self-reliant in this sector. In a move to reduce dependence on China, India has advanced its partnership with Australia, also known as the Kangaroo Nation, in the field of rare earths . India-Australia Rare Earth Deal 'They (India and Australia) are talking about rare earth and there are blocks available. So there is an opportunity for India to take an early-stage block and have tie-ups with a few companies,' Malini Dutt, Trade and Investment Commissioner, New South Wales Government, Australia, said. The development has more importance for India in the wake of rare earth magnet shortage caused by Chinese export restrictions. Besides rare earth, both private and public sectors in India have shown interest in copper blocks in Australia, she said on the sidelines of India Energy Storage Week (IESW) 2025, organised by India Energy Storage Alliance (IESA). Australia has reiterated its commitment to becoming a supplier of critical minerals to India, especially as global demand for rare earth elements continues to rise due to their essential use in electric vehicles and other advanced technologies. Last week, Philip Green emphasised the urgency of establishing a smoother supply chain for Australian critical minerals, particularly lithium, to India, as part of broader efforts to enhance the country's green energy sector. Green highlighted Australia's role as a major producer of critical minerals and its strategic importance as a Quad member, noting that one of the aspects of the alliance is to ensure 'high-quality supplies' of these minerals are available to India. Australia's Support To India Australia's High Commissioner to India, Philip Green, on Wednesday reflected on Australia's support for India's push towards renewable energy. While speaking at the India Energy Storage Week (IESW), Phillip Green said, 'We strongly support India's drive towards renewables. India is very important to the world.' Green emphasised the scale and seriousness of Australia's involvement. 'We have more than 22 companies and around 40 people here, virtually all the Australian states are involved,' he said. 'We are very strong in minerals and metals that are essential for battery storage. We are very strong in skills and capabilities, and universities and technical colleges are very important for upskilling and the Indian population for the new green energy revolution,' he noted. Highlighting Australia's strength in innovation, Green added, 'We also have a very high level of. Of green tech, nine Australia is a place with a large amount of innovation, but the population is small and a long way from a large supply chain.' (With Inputs From Agencies)
The Hindu
10-07-2025
- Business
- The Hindu
Telangana bags award for leadership in battery manufacturing
Telangana has bagged the India Energy Storage Alliance (IESA) Industry Excellence Award 2025 under the category of State Leadership – Battery Manufacturing. The recognition underscores the State's pioneering efforts in fostering a robust eco-system for battery manufacturing and new energy technologies in India, said IT, Electronics and Communications Department. The award was presented during the 11th India Energy Storage Week (IESW) 2025 in New Delhi. Telangana over past few years has emerged as a hub for advanced energy manufacturing, driven by proactive industrial policies, strategic infrastructure development and strong support for innovation. Driving these developments are progressive policies such as Telangana EV and Energy Storage Policy and Telangana Renewable Energy Policy along with the creation of dedicated industrial clusters, making Telangana an attractive investment across the battery and cell manufacturing value chain, EV assembly, and component supply, it said.
Mint
10-07-2025
- Automotive
- Mint
India needs battery technology beyond lithium, says industry experts
New Delhi, Jul 10 (PTI) India needs to explore battery technologies other than lithium-ion, which is currently leading the industry due to its high storage capacity and quick charging, suggested experts participating in India Energy Storage Week. This assumes significance as the electric vehicle (EV) market is gaining significant traction in the country, paving the way for a more sustainable future. Batteries are one of the key components of EVs, with Li-ion technology currently leading the industry due to its high energy density and quick charging, a statement said. However, it stated that concerns over the limited availability of raw materials for these batteries could create production challenges and potential shortages. This highlights the urgent need for alternative battery technologies. Researchers and experts are actively exploring innovative solutions, with Vanadium Redox Flow Batteries (VRFB), thermo-mechanical systems, and sodium-ion technologies emerging as promising developments that could transform the EV industry and drive the next generation of electric vehicles. VRFB is a rechargeable energy storage solution that leverages vanadium ions for enhanced longevity. The global market for VRFB was valued at USD 394.7 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 19.7 per cent from 2024 to 2030. Concerning this, industry experts and leaders highlighted that "India needs battery technology beyond Lithium-ion", at India Energy Storage Week (IESW) 2025, organised by industry body India Energy Storage Alliance (IESA) from July 8-11. Industry experts demanded that India needs to expand non-lithium energy storage technologies to address its rapidly growing and diverse energy demands. They emphasised the necessity for alternative solutions to ensure grid stability, meet industrial loads, and promote clean mobility. Avishek Kumar, Co-founder and CEO of VFlowTech, emphasised, "While lithium-ion batteries have reached the mass adoption stage, there is a growing need to diversify energy storage solutions." India should look beyond lithium. Highlighting the rise of sodium-ion batteries as a cost-effective, temperature-resilient alternative ideal for stationary applications, William Tope, CEO of LiNa Energy, said, "As we start to move towards very high penetrations of intermediate renewable generation, the importance of other battery industries and long duration energy storage to load shift at large scale from the off peak period to the peak period is incredibly important." Paul Smith of Energy Dome said the company's CO2-based CEAS storage is a market-ready solution that scales up to 1 GWh, which is now entering India through a partnership with NTPC. Gunjan Kapadia, Co-founder and CEO of Sthyr Energy, introduced its zinc-air battery technology, which offers long-duration storage of 10-24 hours to support deeper discharge cycles. "As we increase more and more renewables in the system, we need to have more storage in the system to balance the renewables," Saurav Mitra, Director at Sumitomo SHI FW, said, adding that "for this, we need innovative storage solutions like thermo-mechanical systems." He further demonstrated Liquid Air Energy Storage (LAES) as a thermo-mechanical, zero-critical-mineral solution with 80 per cent component sourcing already in India.
Time of India
10-07-2025
- Automotive
- Time of India
India needs battery technology beyond lithium, says industry experts
India needs to explore battery technologies other than lithium-ion, which is currently leading the industry due to its high storage capacity and quick charging, suggested experts participating in India Energy Storage Week. This assumes significance as the electric vehicle (EV) market is gaining significant traction in the country, paving the way for a more sustainable future. Batteries are one of the key components of EVs, with Li-ion technology currently leading the industry due to its high energy density and quick charging, a statement said. However, it stated that concerns over the limited availability of raw materials for these batteries could create production challenges and potential shortages. This highlights the urgent need for alternative battery technologies . Researchers and experts are actively exploring innovative solutions, with Vanadium Redox Flow Batteries (VRFB), thermo-mechanical systems, and sodium-ion technologies emerging as promising developments that could transform the EV industry and drive the next generation of electric vehicles. VRFB is a rechargeable energy storage solution that leverages vanadium ions for enhanced longevity. The global market for VRFB was valued at USD 394.7 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 19.7 per cent from 2024 to 2030. Concerning this, industry experts and leaders highlighted that "India needs battery technology beyond Lithium-ion", at India Energy Storage Week (IESW) 2025, organised by industry body India Energy Storage Alliance (IESA) from July 8-11. Industry experts demanded that India needs to expand non-lithium energy storage technologies to address its rapidly growing and diverse energy demands. They emphasised the necessity for alternative solutions to ensure grid stability, meet industrial loads, and promote clean mobility. Avishek Kumar, Co-founder and CEO of VFlowTech, emphasised, "While lithium-ion batteries have reached the mass adoption stage, there is a growing need to diversify energy storage solutions ." India should look beyond lithium. Highlighting the rise of sodium-ion batteries as a cost-effective, temperature-resilient alternative ideal for stationary applications, William Tope, CEO of LiNa Energy, said, "As we start to move towards very high penetrations of intermediate renewable generation, the importance of other battery industries and long duration energy storage to load shift at large scale from the off peak period to the peak period is incredibly important." Paul Smith of Energy Dome said the company's CO2-based CEAS storage is a market-ready solution that scales up to 1 GWh, which is now entering India through a partnership with NTPC. Gunjan Kapadia, Co-founder and CEO of Sthyr Energy, introduced its zinc-air battery technology , which offers long-duration storage of 10-24 hours to support deeper discharge cycles. "As we increase more and more renewables in the system, we need to have more storage in the system to balance the renewables," Saurav Mitra , Director at Sumitomo SHI FW, said, adding that "for this, we need innovative storage solutions like thermo-mechanical systems." He further demonstrated Liquid Air Energy Storage (LAES) as a thermo-mechanical, zero-critical-mineral solution with 80 per cent component sourcing already in India. These advancements indicate that India's future in energy storage will be diverse, community-focused, and environmentally sustainable, it stated.
Hans India
10-07-2025
- Business
- Hans India
TG bags IESA Industry Excellence Award for leadership in battery mfg
Hyderabad: Telangana State has been awarded the IESA Industry Excellence Award 2025 under the category of State Leadership – Battery Manufacturing, by the India Energy Storage Alliance (IESA). The award was presented during the 11th India Energy Storage Week (IESW) 2025, at the Yashobhoomi Convention & Expo Centre, New Delhi on Wednesday. 'This recognition underscores Telangana's pioneering efforts in fostering a robust ecosystem for battery manufacturing and new energy technologies in India', state IT and Industry minister D Sridhar Babu said. Over the past few years, Telangana has rapidly emerged as a hub for advanced energy manufacturing, driven by proactive industrial policies, strategic infrastructure development, and strong support for innovation. These developments have been facilitated by progressive policies such as the Telangana EV and Energy Storage Policy and Telangana Renewable Energy Policy, along with the creation of dedicated industrial clusters, making Telangana a fertile ground for investment across the battery and cell manufacturing value chain, EV assembly, and component supply. The minister added, 'Telangana reinforces its position at the forefront of India's clean energy movement. The state remains committed to scaling new heights in renewable energy adoption, advanced battery manufacturing, and green mobility infrastructure—propelling the nation toward a more sustainable and energy-resilient future' .
