Jindal forays into battery storage systems to achieve 5GWh by 2027

Ahmedabad: Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the battery energy storage systems (BESS) on Wednesday. The company plans to build a 1 gigawatt hour (GWh) battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with a 5GWh capacity by 2027.Punit Gupta, director of Jindal India Renewable Energy, said, "By investing in battery energy storage systems, we are expanding our portfolio as well as contributing to grid stability and deeper integration of renewable sources."This announcement comes in the backdrop of Jindal India Renewable Energy (JIRE) aiming to generate 5GW of power from solar, wind, hybrid, and firm and dispatchable RE (FDRE) modes. Along with this, going forward, JIRE will also manufacture photo voltaic cells and modules to tap into the solar demand. MSID:: 113458482 413 |