Home electronics company Luminous Power Technologies has announced that it has entered a formal evaluation agreement with Gridtential Energy, calling the partnership “another milestone in the continued adoption of Silicon Joule in the fast-growth energy storage solutions market”.
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 said that it will deliver lighter, safer, longer-lasting batteries that require far less maintenance – while leveraging its existing production lines and expertise in solar materials.
Vipul Sabharwal, Managing Director, Luminous Power Technologies said, “Advanced Lead-acid battery like Bi polar is an exciting breakthrough in lead battery technology & Silicon 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 endeavours towards our customers in future.
“This partnership represents a significant growth opportunity for Luminous with a commitment of working towards sustainable energy,” he added.
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.