Havells India Limited has entered into a strategic collaboration with Pixii AS to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market. The partnership marks an important step in Havells’ expansion into energy storage and strengthens its position in India’s rapidly evolving clean energy and renewable energy ecosystem.
Combining Manufacturing Strength with Global Energy Storage Technology
Through the collaboration, Havells will combine its strong manufacturing capabilities, extensive sales and distribution network, and deep understanding of the Indian market with Pixii’s globally proven modular energy storage technology. Together, the companies aim to deliver reliable, efficient and scalable battery energy storage solutions. As a result, the partnership is expected to support India’s transition toward a cleaner and more resilient energy infrastructure. Havells and Pixii will implement the partnership through a phased roadmap designed to establish a long-term Battery Energy Storage System ecosystem in India. Consequently, the collaboration will move beyond technology deployment and focus on creating locally relevant energy storage products.
Strengthening India’s Energy Transition
The Havells–Pixii collaboration represents a strategic move toward building a localized Battery Energy Storage System ecosystem in India. Furthermore, the phased approach—covering pilot projects, product development and local manufacturing—positions the partnership to contribute to India’s broader goals of renewable energy integration, energy security and sustainability. As reported by electricalmirror.net, as demand for grid-scale and distributed energy storage continues to grow, the collaboration is expected to help expand access to advanced BESS solutions while supporting the country’s clean energy transition.
Anupam Rasayan Enters Potential Long-Term Supply Agreement with BASQUEVOLT
Anupam Rasayan India Ltd. signed a non-binding Letter of Intent (LOI) with BASQUEVOLT, S.A., a European developer of solid-state lithium batteries headquartered in Miñano (Araba/Álava), Spain. Both companies will explore the potential long-term supply of a specialty chemical product for a period of up to ten years, representing a cumulative business opportunity of approximately $300 million.
Potential Long-Term Electronic Chemicals Partnership
The proposed collaboration focuses on specialty chemicals used in advanced battery technologies and electronic applications. However, the LOI is preliminary and non-binding. Any future supply arrangement will depend on:
Successful completion of product development
Technical validation and qualification processes
Negotiation and execution of a definitive supply agreement
Consequently, the announcement represents an important strategic engagement rather than a final commercial contract.
Strengthening Presence in Electronic Chemicals
Anand Desai, Managing Director of Anupam Rasayan said, “This LOI reinforces our strategic focus on expanding in the electronic chemical domain, which we believe will be a key growth driver going forward. Our continued investments in R&D, process capabilities, and customer-centric innovation position us well to capture emerging opportunities in this space.” He added that the engagement marks a significant step in the company’s strategy to deepen its footprint in the high-growth electronic chemicals market, serving advanced manufacturing and technology-driven industries.
Focus on Solid-State Battery Materials
BASQUEVOLT is developing solid-state lithium battery technology, a next-generation energy storage platform expected to play a major role in electric vehicles, energy storage systems and advanced electronics. Therefore, the potential collaboration positions Anupam Rasayan to participate in the rapidly expanding global battery materials and electronic chemicals value chain.
R&D and Specialized Chemical Capabilities
As per the press release and according to the company, the LOI highlights its strong research and development capabilities, advanced process engineering expertise, high quality and regulatory standards, ability to develop specialized chemical formulations and capability to meet stringent customer specifications. As a result, Anupam Rasayan continues to strengthen its position as a preferred partner for custom synthesis and specialty chemical development.
