KPIT and Trentar Energy Collaborate on Sodium-ion Battery Technology
KPIT, a leader in sustainable mobility solutions based in India, has taken a significant step forward in the energy storage sector. The company has partnered with Trentar Energy Solutions to commercialize its groundbreaking Sodium-ion Battery technology. This partnership will drive the industrialization of eco-friendly battery systems that emphasize sustainability and reduced dependency on lithium.
Key Highlights of the Partnership
Under a formal technology transfer agreement, KPIT will transfer its Sodium-ion Battery technology to Trentar Energy Solutions. Trentar will invest in building a sizeable 3 GWh Sodium-ion Battery manufacturing facility. KPIT will benefit financially from upfront technology transfer fees and royalty payments spanning eight years.
The Sodium-ion Battery technology, developed by KPIT in December 2023, is designed to address the challenges of lithium dependency. It features a longer lifespan, faster charging times, and cost-effectiveness, which makes it an attractive choice for various applications in mobility and energy storage.
Features of Sodium-ion Battery Technology
Sodium-ion batteries stand out due to their reliance on earth-abundant raw materials. This reduces supply chain complexities and costs while maintaining high performance. The batteries retain 80% capacity even after completing 3,000 to 6,000 charging cycles. Additionally, their faster recharge rates make them ideal for a range of use cases in the mobility and stationary storage sectors.
The technology’s simplicity and safety aspects further strengthen its appeal. Sodium-ion batteries can drive cost-effective electric mobility solutions and energy storage, making them an affordable alternative for consumers in India. Prominent applications include electric two-wheelers, three-wheelers, passenger vehicles, public transportation, UPS backups, grid storage, and even marine and defense sectors.
Statements from Leaders
Ravi Pandit, chairman of KPIT Technologies, emphasized the company’s commitment to creating sustainable mobility solutions:
“Building sustainable mobility technologies is at the heart of KPIT’s vision. Sodium-ion Battery technology was born from our team’s passion and perseverance, and collaboration with leading research institutions. We are excited to partner with Trentar Energy, who will operationalize and commercialize this technology for diverse market applications. KPIT continues its focus on sustainable innovation.”
Subodh Menon, founder and vice chairman of Trentar, highlighted sodium-ion batteries’ potential:
“With its cost-effectiveness, simplified supply chain, and enhanced safety, sodium-ion technology represents a strategic focus for our organization. We are committed to building a strong product line that serves a wide range of customers across mobility and energy storage sectors.”
Future Outlook
The collaboration between KPIT and Trentar is expected to significantly contribute to India’s energy storage ecosystem. It will also spur the adoption of affordable and sustainable electric mobility solutions. With Trentar’s expertise in manufacturing and KPIT’s cutting-edge technology, this partnership is well-positioned to expand the use of sodium-ion batteries across various applications. The 3 GWh manufacturing facility will play a pivotal role in achieving this ambitious goal.
This collaboration underlines India’s focus on fostering homegrown technologies and driving the adoption of clean energy solutions to meet domestic and global energy demands. The scalability and affordability of sodium-ion batteries could redefine how industries and consumers perceive and utilize energy storage technologies.
Disclaimer:
The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.
The image is randomly selected and doesn’t necessarily represent the company or the news above.
