Delectrik Systems Pvt. Ltd., based in Gurgaon, India, has recently launched a multi-MWh scale Vanadium Flow Battery based Energy Storage system designed for large scale Commercial, Industrial (C&I), and Utility applications. The core unit of this system is a 2 MW, 10 MWh Flow Battery (with 5 hours of storage capacity), with the option to combine multiple units to achieve projects exceeding 100MWh capacity. In larger projects, the per acre installed capacity will reach approximately 200 MWh. The company’s first installation using this product architecture is scheduled for deployment in India in the first half of 2025.

Delectrik has a history of building and deploying Flow Batteries ranging from small 10 kWh systems to containerized MWh scale solutions. Their existing containerized offering is suitable for C&I applications below 10 MWh capacity. With the introduction of this new product, Delectrik aims to meet the growing demand for large-scale C&I and utility applications.

Dr. Vishal Mittal, Founder & CEO of Delectrik, mentioned the company’s focus on penetrating international markets, with current exports to 9 countries across 5 continents. As production volume increases, Delectrik plans to establish manufacturing and assembly hubs in strategic regions to cater to local markets. The company recently established its first overseas subsidiary in Australia, with the goal of replicating its “Make in India” approach in key global markets. Delectrik also intends to expand its presence in the domestic Indian market, with a focus on promoting its large-scale Flow Battery solution.

In addition to selling batteries outright, Delectrik is exploring Energy Storage offerings through its subsidiary Delectrik Esaas Pvt. Ltd. This model would allow organizations to fulfill a significant portion of their energy needs with renewable sources, leading to reduced reliance on traditional energy sources and potential cost savings. The combined PV + Flow Battery Levelized Cost of Electricity (LCOE) is already competitive with electricity tariffs paid by C&I consumers in several regions.

Considering the projections from the National Electricity Plan notification (NEP 2023), India’s anticipated domestic stationary Battery Energy Storage System (BESS) demand is expected to reach 411 GWh by 2031-32. This presents a considerable opportunity for deploying cost-effective, long-duration, and durable BESS solutions such as Delectrik’s Vanadium Redox Flow Batteries.

For further information, interested parties can contact Dr. Vishal Mittal, Founder & CEO of Delectrik, via email at [email protected] or by phone at +91 9910064033. More details are available on the company’s website at www.delectrik.com.

Share.

Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

Leave A Reply

Exit mobile version