In a strategic move addressing India's dual challenges of energy storage and battery waste, LICO Materials launches LiGRID system, offering scalable solutions from residential to industrial applications.
29 Jan 2025 | 1297 Views | By Autocar Pro News Desk
In a significant development for India's renewable energy sector, LICO Materials has unveiled a new energy storage system that repurposes end-of-life batteries. The company's LiGRID system, launched on January 28th, 2025, represents an innovative approach to addressing both energy storage needs and battery waste management.
The technology arrives at ...
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In a significant development for India's renewable energy sector, LICO Materials has unveiled a new energy storage system that repurposes end-of-life batteries. The company's LiGRID system, launched on January 28th, 2025, represents an innovative approach to addressing both energy storage needs and battery waste management.
The technology arrives at a crucial time for India's energy market, as the country works toward its ambitious target of 500 GW renewable energy capacity by 2030. This goal, combined with the rising adoption of electric vehicles, has intensified the demand for efficient energy storage solutions.
"We're focusing on supporting India's clean energy transition through practical innovation," says Gaurav Dolwani, Founder & CEO of LICO Materials. "By repurposing existing batteries, we can provide sustainable energy storage while addressing the growing challenge of battery waste."
The LiGRID system comes in three configurations to serve different market segments. The entry-level LiGRID 10 provides 18 kWh storage capacity, suitable for residential applications. The mid-tier LiGRID 30 offers 100 kWh capacity, targeting office buildings and EV charging stations. The industrial-grade LiGRID 250 delivers 300 kWh capacity for larger commercial installations.
Technical specifications indicate that the systems can operate in temperatures ranging from -20°C to 60°C, incorporating features such as oil cooling and heating systems. LICO Materials backs the technology with a 5-year warranty, suggesting confidence in the longevity of their repurposed battery systems.
The launch of LiGRID highlights a growing trend in India's energy sector, where companies are developing solutions that bridge the gap between renewable energy generation and reliable power supply. By repurposing end-of-life batteries, LICO Materials addresses two critical challenges: energy storage and electronic waste management.
Industry analysts note that such innovations could play a crucial role in India's energy transition, particularly as the country expands its renewable energy infrastructure and electric vehicle adoption continues to grow. The development of domestic energy storage solutions may also contribute to India's energy security and sustainability goals.