Luminous Power Technologies, today announced a formal evaluation agreement with Gridtential Energy. The partnership is another milestone in the continued adoption of Silicon Joule in the fast-growth energy storage solutions market. The demand and growth of energy storage in the Indian market will drive the need for low-cost, safe, and recyclable storage batteries for years to come.
Under the agreement, Luminous will evaluate a combination of 6V and 12V Silicon Joule reference batteries and, using Gridtential’s developmen
Commenting on the partnership, Mr.Vipul Sabharwa
Adding to this, Mr.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. Silicon Joule is a revolutionary battery technology that substitutes treated silicon wafers, like those found in solar panels, for conventional lead grids to create an advanced silicon-lead battery. The battery delivers up to 5X the power density, 2X the discharge rate at a 75 percent lower Levelized cost of electricity (LCOE) than conventional lead batteries.
Industries from automotive to energy storage systems are searching for lower-cost, sustainable power solutions to meet diverse energy needs. Silicon Joule combines the environmental benefits of lead batteries (99 percent recyclable) with the proven high-performance characteristics of silicon from the solar industry.