Home > News > Content
India Will Produce Solar Battery Independently
- Jun 14, 2018 -

India's solar industry will maintain strong growth throughout the 2018 period, but various tariff negotiations are creating some unnecessary uncertainty.

The Indian Ministry of Science and Technology announced on Sunday that the country's Central Chemical Research Institute (CEECRI) has signed a memorandum of understanding with Raasi solar power Pvt. Ltd. to establish a lithium battery production base in Bengaluru.

The CECRI researchers led by Gopu Kumar have developed a new type of lithium-ion battery technology. CECRI established an exemplary production facility in Chennai for the production of prototype lithium ion batteries.

The institute emphasized that its lithium-ion battery manufacturing has obtained global intellectual property (IPRS), which can reduce production costs and can be used for large-scale production and commercialization.

solar panel.jpg

Raasi Group will set up a manufacturing facility in Krishnagiri, Tamil Nadu, and hopes to reduce the cost of battery manufacturing to INR15,000/KW (US$222) to replace lead-acid batteries. The group also plans to manufacture lithium-ion batteries for solar roofs that have a life expectancy of 25 years, and their prices will be competitive.

According to reports, India's annual battery imports are around US$150 million. This local battery manufacturing plan can support the plan of the 175 GW (100 GW of solar photovoltaic) clean energy of the Central Government of India in 2022 and turn to electric vehicles in 2030.

According to the latest REN21 report, the solar sector helps create jobs. India reported 164,000 jobs in 2017, an increase of 36% over the previous year. In addition to reducing foreign exchange losses, India's battery manufacturing industry is also likely to significantly increase employment.