Exicom Wins “Energy Storage Company of the Year” Award at ESI 2018

With over 1000+ industry experts in attendance at Energy Storage India 2018 Conference, Expo & Gala Awards Event, Exicom was awarded as“Energy Storage Company of the Year”,storage sector’s most prestigious award.The Award recognizesExicom’s perseverance, innovation and achievements in the energy storage landscape in India and also applaud the value we have created for the end consumers in the country. Exicom has played a pivotal role in developing and delivering innovative energy storage solutions and supportingLithium-ion battery storage technology right from early stage of its entry into the market.

Mr. Anant Nahata, Managing Director of Exicom said on the occasion, “We have been into this fieldfrom early stagesand committed to take this industry toward unprecedented innovation and growth”. He also emphasized on local R&D, indigenization and customization of the products in accordance with the local market needs and how Exicom is progressing on all these fronts. He shared an ambitious target of deploying 1GWh of energy storage solutions that Company has set for the financial year 2018-19.

Mr. Naveen Sharma, Vice President, Sales & Strategic Planning said, “We feel honored & excited to receive the award. With our advance Lithium-ion Battery Energy Storage System (BESS), we are leading the way in deploying technology and helping the industry growth by making their prices competitive through increasing their scale of deployment across various applications.This will help to establishLithium-ion battery storage and make them more affordable for consumers”. He further added that the data analysis of the already installed ESS Projects shall help in firming up of policy and regulatory framework.

Commerce and Industry Minister Shri Suresh Prabhualso addressed the Energy Storage India 2018 and emphasized the need for investing in R&D as a critical component. The event was attended by about 1,000 industry experts, 100 speakers, 50 exhibitors and over 25 partnering countries.