IESA, Telangana sign pact to boost state's energy storage sector
The India Energy Storage Alliance (IESA) and the Government of Telangana have signed a Memorandum of Understanding (MoU) to establish a strategic partnership aimed at promoting the energy storage sector and knowledge transfer in advanced battery manufacturing processes, electric mobility, green hydrogen, and microgrid technologies.
The collaboration aims to accelerate the deployment of sustainable energy solutions while attracting investments and promoting economic growth in the state. The partnership also seeks to provide a platform for industry stakeholders to explore investment opportunities and foster the growth of the energy storage sector.
"We are thrilled to partner with the Government of Telangana in our mission to drive sustainable energy adoption," said Debi Prasad Dash, Executive Director of IESA. "Through this collaboration, we aim to facilitate knowledge exchange, implement impactful energy storage policies, and support the growth of Telangana's electronics and semiconductor industry, contributing to the state's economic development." Taking the partnership to the next stage, IESA is hosting its 3rd annual event India Battery Manufacturing & Supply Chain Summit at Hyderabad on 13-14th December 2023.
Government of Telangana expressed its commitment to providing conducive policy support, supporting ecosystem, enabling infrastructure, and competitive incentives to attract both domestic and foreign investments. Furthermore, the collaboration will prioritize sustainable practices and green technologies, aligning with global environmental goals.
"We are confident that this MoU will pave the way for significant advancements in the field of energy storage and sustainable energy solutions," said Sujai Karampuri, Director (Electronics, Semiconductors & Energy Storage), Government of Telangana. "Our joint efforts will foster an environment conducive to economic growth, job creation, and environmental conservation."
This partnership will play a vital role in developing the Electric Vehicle (EV) and Battery Energy Storage System (ESS) sectors in Telangana. By identifying potential opportunities and advocating for advancements in Advanced Battery Manufacturing, EV, and ESS Ecosystem, the Government of Telangana aims to position the State as a leader in sustainable energy solutions.
The India Energy Storage Alliance (IESA) is a leading industry alliance focused on the development of advanced energy storage, green hydrogen, and e-mobility technologies in India. Founded in 2012, by Customized Energy Solutions (CES), IESA's vision is to make India a global hub for R&D, manufacturing, and adoption of advanced energy storage, e-mobility, and green hydrogen technologies.
The alliance has been at the forefront of efforts seminal in shaping an enabling policy framework for the adoption of energy storage, electric mobility, green hydrogen, and emerging clean technologies in India.