Electrent Energy Expands into Hybrid Inverters and EV Batteries Amid Growing Lithium Demand
Indian startup Electrent Energy plans to enter hybrid solar inverters and electric two-wheeler batteries as lithium demand rises. The company aims to launch hybrid inverters from 1 kW to 50 kW by the end of 2023, and will introduce lithium-ion batteries for two-wheelers soon. Electrent has installed about 18-19 MW of battery capacity in various projects and is adapting to government policies favoring hybrid systems.
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Electrent Energy, an Indian energy storage startup, will expand into hybrid solar inverters and electric two-wheeler batteries due to rising demand for lithium-ion storage. The company plans to release hybrid inverters ranging from 1 kW to 50 kW later this year and is preparing to launch lithium-ion batteries for two-wheelers soon.
Electrent has installed around 18-19 MW of battery capacity over the last 18 months and focuses on off-grid solar solutions. The business faces challenges with supply chain stability due to reliance on imported battery cells. Its manufacturing facility is located in Bhiwani, Haryana.
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