The India Energy Storage Alliance (IESA) has launched its third annual India Battery Manufacturing and Supply Chain Summit (IBMSCS) in Hyderabad. The two-day event aims to promote discussions on domestic battery manufacturing and the development of a sustainable ecosystem for Indian giga factories. Industry leaders, policymakers, and experts will address topics such as global giga factory competition, lithium-ion cell manufacturing in India, and the self-reliance potential of manufacturing LFP cathodes. The summit is organized by the India Battery Manufacturing and Supply Chain Council, established by IESA in December 2021.
IESA Summit FAQ
1. What is the IESA summit?
The IESA summit, referred to as the India Battery Manufacturing and Supply Chain Summit (IBMSCS), is an annual event organized by the India Energy Storage Alliance (IESA) focused on discussing strategies to enhance Indian battery manufacturing and supporting the development of giga factories.
2. Which edition of the IESA summit was recently inaugurated?
The third annual edition of the IESA summit was recently inaugurated.
3. What are the main goals of the IESA summit?
The main goals of the IESA summit are to explore ways to boost the Indian battery manufacturing sector, support the establishment and operation of giga factories, and develop a comprehensive ecosystem for these large-scale battery production facilities.
4. When is the Amara Raja giga factory expected to start operations?
The Amara Raja giga factory is expected to start operations next year, as per the information available on the India Energy Storage Alliance (IESA) website.
5. What does the India Energy Storage Alliance (IESA) do?
The IESA is a membership-driven alliance that focuses on energy storage, encompassing electrochemical batteries, mechanical storage, and other technologies. It works towards building a robust energy storage ecosystem in India, including collaborations with start-up companies and promoting entrepreneurship.
6. Has India set any specific targets for battery manufacturing?
Yes, India aims to surpass the target of 150GWh for advanced chemistry cell (ACC) battery manufacturing.
7. What kind of battery technologies does IESA focus on?
IESA's focus encompasses a broad range of energy storage technologies, including electrochemical batteries (like lithium-ion) and mechanical storage systems.
8. How can the electric and connected mobility market benefit India?
This market is described as swift, agile, sustainable, and promising. It has the potential to help India save nearly one billion dollars and support the 'Eco-Friendly' market, particularly in the context of the electric vehicle (EV) industry.
9. What initiatives does the IESA undertake?
Apart from the annual summit, IESA undertakes initiatives such as the India Battery Manufacturing and Supply Chain Council which serves as a platform to focus on issues related to the energy storage sector, including policy advocacy, market intelligence, and stakeholder engagement.
10. Where can one find more information about the India Energy Storage Alliance (IESA) and its activities?
More information about IESA and its activities can be found on its official website. This site includes details on its initiatives, news updates, resources for understanding the energy storage market, and opportunities for involvement and membership.