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Time of India
06-06-2025
- Business
- Time of India
India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025
New Delhi: India is poised to attract investments exceeding ₹8,000 crore in the fields of energy storage, electric vehicles (EVs), and green hydrogen at the upcoming 11th edition of India Energy Storage Week (IESW) 2025, scheduled from July 8 to 10 in New Delhi. Organised by the India Energy Storage Alliance (IESA), the event will facilitate new business deals, foreign collaborations, and the signing of Memorandums of Understanding (MoUs) aimed at strengthening India's position as a global manufacturing hub for advanced clean energy technologies. Delegations from countries such as Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and Korea are expected to participate. " India Energy Storage Week 2025 is poised to be a game-changer for India's energy storage sector. We anticipate a remarkable surge in investments, and we believe that this 11th edition of IESW will serve as a crucial milestone, significantly transforming the landscape of the country's energy storage, electric vehicle, and green hydrogen industries," said Vinayak Walimbe, Managing Director of Customized Energy Solutions. The event, hosted at the Yashobhoomi Convention and Expo Centre, will feature participation from more than 1,000 companies and over 150 key partners and exhibitors. Gujarat, Odisha, Telangana, and Chhattisgarh are on board as state partners, with support from various Union Ministries. As per government data released in 2023, more than 6,600 cleantech startups are currently operating in 450 districts across 34 states and Union Territories. IESA has projected that Indian battery and mobility startups are likely to attract investments worth USD 500 million within a year. "IESW 2025 is not just an event; it is a pivotal moment for the energy storage sector in India. We have a dedicated day each for stationary storage, green hydrogen, e-mobility and manufacturing in the same. This year, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward," said Debmalya Sen, President of IESA. The conference will serve as a launchpad for factory and gigafactory announcements, showcasing advancements in battery technologies such as solid-state batteries, lithium-sulfur, sodium-ion, and thermal storage systems. The event aims to enhance domestic manufacturing capabilities and establish a secure supply chain across energy storage and clean technology sectors.
Time of India
06-06-2025
- Business
- Time of India
India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025
New Delhi: India is poised to attract investments exceeding ₹8,000 crore in the fields of energy storage, electric vehicles (EVs), and green hydrogen at the upcoming 11th edition of India Energy Storage Week (IESW) 2025, scheduled from July 8 to 10 in New Delhi. Organised by the India Energy Storage Alliance (IESA), the event will facilitate new business deals, foreign collaborations, and the signing of Memorandums of Understanding (MoUs) aimed at strengthening India's position as a global manufacturing hub for advanced clean energy technologies. Delegations from countries such as Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and Korea are expected to participate. " India Energy Storage Week 2025 is poised to be a game-changer for India's energy storage sector. We anticipate a remarkable surge in investments, and we believe that this 11th edition of IESW will serve as a crucial milestone, significantly transforming the landscape of the country's energy storage, electric vehicle, and green hydrogen industries," said Vinayak Walimbe, Managing Director of Customized Energy Solutions. The event, hosted at the Yashobhoomi Convention and Expo Centre, will feature participation from more than 1,000 companies and over 150 key partners and exhibitors. Gujarat, Odisha, Telangana, and Chhattisgarh are on board as state partners, with support from various Union Ministries. As per government data released in 2023, more than 6,600 cleantech startups are currently operating in 450 districts across 34 states and Union Territories. IESA has projected that Indian battery and mobility startups are likely to attract investments worth USD 500 million within a year. "IESW 2025 is not just an event; it is a pivotal moment for the energy storage sector in India. We have a dedicated day each for stationary storage, green hydrogen, e-mobility and manufacturing in the same. This year, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward," said Debmalya Sen, President of IESA. The conference will serve as a launchpad for factory and gigafactory announcements, showcasing advancements in battery technologies such as solid-state batteries, lithium-sulfur, sodium-ion, and thermal storage systems. The event aims to enhance domestic manufacturing capabilities and establish a secure supply chain across energy storage and clean technology sectors.
Time of India
05-06-2025
- Business
- Time of India
Clean tech push: India may draw Rs 8,000 crore investment at IESW 2025; EVs, energy storage and hydrogen in spotlight
With global players and key states on board, India Energy Storage Week aims to boost manufacturing and green innovation through new partnerships and MoUs India is likely to attract investment exceeding Rs 8,000 crore in energy storage, electric mobility and green hydrogen during the upcoming India Energy Storage Week (IESW) 2025, to be held in New Delhi next month, PTI reported. Tired of too many ads? go ad free now Organised by the India Energy Storage Alliance (IESA), the event is scheduled for July 8–10 and is expected to bring together over 150 partners and exhibitors, alongside more than 1,000 companies. The platform will be used to facilitate business deals, MoUs and foreign collaborations aimed at accelerating India's clean energy manufacturing ambitions. 'The upcoming India Energy Storage Week 2025 is poised to be a game-changer for India's energy storage sector. We anticipate a remarkable surge in investments,' said Vinayak Walimbe, Managing Director, Customized Energy Solutions. According to a statement from IESA, international delegates from countries including Australia, Germany, France, the UK, Finland, Canada, the USA, Israel and Korea are expected to participate. The alliance is also working with Gujarat, Odisha, Telangana and Chhattisgarh as state partners, and several central ministries are supporting the event. Debmalya Sen, President of IESA, said, 'This year, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward.' T Tired of too many ads? go ad free now he investment focus will span across battery storage, EV infrastructure and emerging clean technologies such as green hydrogen. These align with India's larger strategy to position itself as a global hub for sustainable manufacturing. IESA recently projected that mobility and battery tech startups in India could attract $500 million in investments over the next year, further reflecting momentum in the sector. Government data from 2023 showed over 6,600 clean tech startups operating across 450 districts in nearly 34 states and Union Territories, underscoring the scale and reach of innovation within the country.
Time of India
05-06-2025
- Business
- Time of India
India likely to attract investments worth Rs 8,000 crore at India Energy Storage Week 2025
India is expected to attract investment worth over Rs 8,000 crore for energy storage, electric vehicles (EV), and green hydrogen at India Energy Storage Week 2025 scheduled next month in the national capital. Hosted by the leading industry body, India Energy Storage Alliance (IESA), the event aims to bolster the government's mission of becoming a global manufacturing hub, a statement said. The India Energy Storage Week (IESW) 2025, is scheduled to take place in New Delhi from July 8 to 10. Over 150 key partners, exhibitors, and more than 1,000 companies are likely to participate. According to the IESA statement, India is set to attract over Rs 8,000 crore in investments for energy storage, EV (electric vehicle), and green hydrogen at IESW 2025, driven by the facilitation of new business deals, collaborations, foreign investments, and the signing of Memorandums of Understanding (MoUs). International delegates from Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and Korea are expected to take part in the event. IESA is also collaborating with Gujarat, Odisha, Telangana, and Chhattisgarh as state partners. Various ministries will also support the event. Live Events "The upcoming India Energy Storage Week 2025 is poised to be a game-changer for India's energy storage sector. We anticipate a remarkable surge in investments," Vinayak Walimbe, Managing Director of Customized Energy Solutions, said. As per the recent data revealed by the government in 2023, over 6,600 cleantech startups were operating across 450 districts throughout India, spread over nearly 34 states and Union Territories. Recently, the IESA has also projected that the Indian mobility and battery startups will attract an investment of USD 500 million within a year. "This year, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward," Debmalya Sen President of India Energy Storage Alliance (IESA) said.
Time of India
04-06-2025
- Business
- Time of India
Industry body IESA pushes for green reuse of EV batteries
The Industry body, Energy Storage Association in India ( IESA ), has said the Centre should ensure collaboration among the Ministries of Environment, Power, and New and Renewable Energy to maximise the potential of used electric vehicle batteries in stationary applications and enhance material efficiency. The industry body said in a release that this partnership should focus on establishing clear norms for the reuse of used batteries, including necessary licensing and procedures. The industry body added that the country lacks a well-functioning open market to promote technology solutions for grid balancing. The IESA added that the ancillary services market needs improvement to enhance energy storage deployment and support the grid. It further added that the government should ensure the timely implementation of the draft Indian Electricity Grid Code (IEGC) 2022, allowing storage to be part of primary reserves. India needs to learn from other countries, especially the UK, which links ancillary service payments to service performance and categorises response times (sub-second, 1 second, 10 seconds, etc) to boost the adoption of suitable technologies, the IESA said. The recommendations also included lower entry barriers for technologies and stakeholders, import duty reduction, GST reduction, a compliance framework for energy storage obligations, and the addition of technical specifications for the operation of energy storage systems in tropical climatic conditions in India. The industry body said that a collaborative approach between the government and business can go a long way in ensuring sustainable growth for the energy storage market . Debmalya Sen, President, India Energy Storage Alliance (IESA) said, "As we stand on the brink of a transformative shift in India's energy landscape, it is important that we foster a robust policy and regulatory framework that accelerates the deployment of energy storage solutions . Our recommendations, gathered from over 25 industry leaders, aim to ensure safety and innovation in energy storage technologies, ensuring a sustainable and secure energy future for all Indians. This will not only enhance grid stability but also propel us towards our ambitious renewable energy targets ." IESA has recommended to the government that nations worldwide are facing supply chain issues that threaten the growth strategies of various economies. Having a clear assessment of supply chain risks and a definite plan for material procurement is also very relevant for India, as it is planning to adopt energy storage to progress on its energy transition and provide a clear outlook of the energy storage market to all stakeholders. IESA has recommended to the government that nations worldwide are facing supply chain issues that threaten the growth strategies of various economies. Having a clear assessment of supply chain risks and a definite plan for material procurement is also very relevant for India, as it is planning to adopt energy storage to progress on its energy transition and provide a clear outlook of the energy storage market to all stakeholders. India will witness one of the biggest gatherings of Ministries, Government Representatives, and Companies from over 20 Countries at the 11th edition of IESW 2025 in New Delhi from July 8-11, 2025. For over a decade, IESW has served as India's premier international platform for stakeholders across Battery Manufacturers, Energy Storage, E-mobility, Battery Recycling, and Green Hydrogen in India. The event will be showcasing cutting-edge futuristic energy storage solutions, including solid-state batteries, lithium-sulfur, sodium-ion, and other technologies from across the globe.
