LICO Materials Launches its Innovative LiGRID, 2nd Life Battery Energy Storage System
LiGRID is designed to significantly reduce operational costs by up to 60% with 4 times more lifespan than the lead acid battery energy storage solutions by utilizing hybrid sources of solar panel & main grid power.
January 29, 2025. By News Bureau
By optimizing energy storage and enhancing grid stability, LiGRID can power residences, cafes, restaurants, charging stations, hotels, hospitals, and commercial buildings, contributing to a more sustainable energy driven future.
India’s energy storage market is rapidly expanding, driven by the country’s ambitious renewable energy targets of 500 GW by 2030 coupled with growing adoption of EVs. The increased demand for energy storage solutions highlights the critical role of BESS technology in facilitating India’s transition to a cleaner, more sustainable energy future. By improving grid stability, reducing reliance on fossil fuels, and enhancing the use of renewable energy, BESS will play a pivotal role in India’s energy landscape. The LiGRID will meet this demand with sustainable high-performance energy storage solutions powered by end-of-life batteries.
All models feature advanced oil cooling and heating, multi-layered safety designs, and smart thermal management systems. The LiGRID series operates efficiently across a wide temperature range (-20°C to 60°C), with more than 5-year warranty, ensuring long-term reliability, fire safety and 40 percent smaller in size.
Speaking at the launch, Gaurav Dolwani, Founder & CEO of LICO Materials, said, “With LiGRID Battery Energy Storage Systems we continue to drive innovation in battery repurposing for sustainable energy storage systems. By utilizing repurposed lithium-ion batteries, LiGRID not only offers a cost-effective and long-lasting systems, but also plays a crucial role in supporting India’s clean energy transition. As the country accelerates its renewable energy adoption and expands electric vehicle infrastructure, LiGRID will help stabilize grid load, reduce carbon footprints, and make energy more accessible and reliable for businesses and communities. We are proud to contribute to India’s energy transition and a greener, more sustainable future for all.
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