Battery energy storage systems market in India is forecasted to grow at a CAGR of more than 10 percent till 2027. Reduction in the cost of energy storage technologies is believed to be one of the primary factors contributing to this growth. The market’s growth is also being propelled by initiatives taken by the Indian government, which plans to continue scaling green energy market rapidly in the future to achieve 450GW of wind and solar energy generation capacity by 2030. On one hand, there is an increasing adoption of consumer electronics, an increase in demand for plug-in vehicles, and the rising need for automation & battery-operated material handling equipment in industries, while on the other hand, there is a surge in the number of R&D initiatives by different organizations and battery manufacturers to meet the burgeoning demand for lithium-ion batteries. Moreover, safeguarding the environment and the consequent shift towards renewable energy is keeping the manufacturers on their toes.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Energy Storage Startups - 2022" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Aaditya Dhruve, Founder & CTO
AURA Energy Plus
Aiming to develop into a visionary in the Indian Advanced Battery Energy Storage Systems realm
Sorubhh K Bharti, Director BAF
Bharat Alt Fuel
A specialist in offering a wide range of energy storage solutions, ensures that their energy management systems efficiently manage multiple dynamics and ensures consistent power delivery
Vikash, CEO
C6energy
Focus on developing Graphene enabled Lithium ion battery for EVS & ESS
Akash, CEO
Clean Electric
Involved in solving the complex HW & SW problems around battery technology to enable a battery technology to match the service life of an automobile
Chinnusamy Senthilkumar, Director
EEE Energy
A formidable designer and manufacturer of Li-ion and LiFePO4 custom batteries, uprises with the brand name called Adirath
Akshay Raina, CEO
Evlion Technologies
A lithium ion battery manufacturer which offers unique technology that is perfect for the Indian operating conditions
Samita Johar, Director
Ez4EV
Focus on engineering and system design, selection of hardware, deployment of the network software and operation and maintenance of the Ez4EV Energy Storage
Akhil Aryan, Co-Founder & CEO
ION Energy
An advanced battery management and intelligence platform, focused on building technologies that improve the life and performance of lithium-ion batteries
Deepak Pathak, Managing Director, Lithium Power
Lithium Power
One of the latest manufacturer of Storage & Renewable Energy Products in India, which includes Tubular , AGM, Automotive & Lithium Batteries
Nitesh Bhutada, Co-Founder & Director
Newen Systems
A leading Battery Energy Storage Systems provider
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