Pune/ Chennai : India Energy Storage Alliance (IESA), India’s leading industry alliance focused on accelerating adoption of energy storage, e-mobility, green hydrogen & microgrids in India is organizing the “5th Masterclass on Advanced Energy Storage Manufacturing” to support Battery Gigafactories and supply chain ecosystem development in India. The upcoming masterclass i.e., Advanced Energy Storage Manufacturing Masterclass scheduled between 7th-9th July at IITM Research Park, Chennai will focus on equipping industry leaders with emerging advanced energy storage manufacturing technology skills for a greener tomorrow. IESA academy has launched a series of masterclasses and training programs for empowering industry professionals to enhance their technical skills and gain valuable knowledge for on-site applications.
The masterclass is a program designed to understand the policy framework, practical details of the giga factory set-up, the supply chain opportunities and challenges in the Indian context, safety, international collaborations, and current and future market trends in the sector. This masterclass is also an opportunity to understand the areas of research and innovation emphasizing the need for focused skill development for a competitive workforce. For more information about the program, visit- https://indiaesa.info/academy/scheduled-training-programs/india-advanced-energy-storage-manufacturing-masterclass
To aid this global transition and to capture the economic benefits at hand, the Indian government launched Production Link Incentive (PLI) for Advanced Chemistry Cell (ACC) Battery Manufacturing in 2021. IESA expects 8-10 companies to enter battery giga factories development in India including four PLI winners in the next 3-5 years. In the Energy Storage Manufacturing Vision document released last year, IESA also sees a potential for 100 GWh and 500 GWh manufacturing facilities to be developed in India by 2030 and 2035 respectively. Under India Battery Supply Chain Council (IBSCC), IESA is also working with 30+ national and international organizations to develop a supply chain ecosystem in India to support giga factories in India as well as in the EU and USA.
Commenting on the benefits of the focussed masterclass, Dr. Rahul Walawalkar, President, India Energy Storage Alliance (IESA) said “IESA launched the initiative to focus on manufacturing policy for advanced energy storage technologies in 2016 and based on inputs from stakeholders, launched the Energy Storage Masterclass to help decision-makers from companies looking to tap into the opportunity for advanced energy storage and EV mobility in 2018. Over the past 4 years, 100+ CXOs of companies have participated in the masterclass and have benefitted from the opportunities being created by ACC Battery and EV PLIs as well as overall market development.”
IESA last year has launched the India Battery Supply Chain initiative to help develop a complete ecosystem for supporting Giga factories and this year’s ACC Energy Storage Manufacturing masterclass is specially designed to provide key insights to decision-makers across the value chain. We are hosting this masterclass at IIT Madras Research Park with 20+ international experts including two lab visits, a fireside chat with industry stalwarts, and a business networking opportunity, Dr. Walawalkar further added.
Advanced energy storage is a swiftly evolving technology sector crucial for 21st-century electricity grids. Battery Energy Storage (BESS) will play an important role in accelerating electricity and transportation decarbonization in India. The Indian Energy Storage market is gearing up for large-scale adoption. Advanced energy storage technologies can play an important role in renewable integration, energy access, electric mobility, and the smart city initiatives of the government. Global battery manufacturers are responding with massive expansion plans, taking total capacity to more than 6,000 GWh by 2030 across 300 manufacturing facilities across the globe. It also presents an opportunity for supply chain companies to enter raw materials exploration, chemical processing, supply chain, and components business to support these giga factories.