LICO Materials has launched a new energy storage solution that repurposes end-of-life batteries to address both energy storage and battery waste issues. The LiGRID system, presents an innovative way to manage energy needs while promoting sustainability in India’s renewable energy sector.
This launch comes at a pivotal time as India strives to meet its ambitious goal of 500 GW of renewable energy capacity by 2030. Alongside this target, the growing adoption of electric vehicles has significantly increased the demand for effective energy storage solutions.
Gaurav Dolwani, Founder & CEO of LICO Materials, said, “We’re committed to driving India’s clean energy transition with practical solutions. By repurposing existing batteries, we can offer sustainable energy storage while tackling the issue of battery waste.”
The LiGRID system is available in three variants to meet various market demands. The entry-level LiGRID 10 offers 18 kWh of storage, designed for residential use. The LiGRID 30, with 100 kWh capacity, is aimed at office buildings and EV charging stations, while the industrial-grade LiGRID 250, offering 300 kWh, is suited for larger commercial installations.
The systems are built to operate in temperatures between -20°C and 60°C and include oil cooling and heating features for optimal performance. LICO Materials also offers a 5-year warranty, demonstrating confidence in the durability of their repurposed battery solutions.
The LiGRID system marks a significant step in India’s efforts to enhance its energy infrastructure, particularly as the country continues to expand its renewable energy capacity and electric vehicle adoption. By repurposing old batteries, LICO Materials not only provides a reliable energy storage solution but also addresses the growing challenge of electronic waste. Experts suggest that such innovations could play a vital role in India’s energy transition, supporting both its renewable energy goals and long-term sustainability objectives.
LICO Materials is a prominent provider of innovative and sustainable solutions in the materials sector. Specializing in the development, manufacturing, and supply of advanced materials, LICO Materials serves a diverse range of industries including automotive, construction, electronics, and renewable energy. The company focuses on high-performance materials that contribute to energy efficiency, sustainability, and durability.
With a commitment to research and development, LICO Materials consistently pushes the boundaries of material science to offer cutting-edge solutions. Its products are designed to meet the evolving demands of the global market, ensuring that industries can achieve greater efficiency, reduced environmental impact, and long-lasting performance.
