The India Energy Storage Alliance (IESA) expects to announce investment commitments surpassing ₹2,000 crore during the India Energy Storage Week (IESW) 2024 in New Delhi this July. The annual event, scheduled from July 1 to 5, 2024, will act as a platform for launching several new factories and Gigafactories, supporting India’s goal to become a global manufacturing leader.
The event will host over 150 key partners and exhibitors, and more than 1,000 companies will participate. Among the notable announcements, Singapore’s VFlowTech will reveal its largest long-duration energy storage manufacturing facility in Haryana.
As reported by devdiscourse.com, Nash Energy will launch its groundbreaking Li-Ion battery cell production at a new plant in Karnataka, and BatX Energies will introduce its advanced battery recycling and materials extraction facility. IESW 2024 will highlight a range of innovations and strategic partnerships propelling the energy sector forward.