Que: What key technologies does Energy & Fire Tech use to extend the life of lead-acid batteries and how does Energy & Fire Tech differentiate itself from competitors in the battery refurbishment space?

Ans: Energy & Fire Tech utilizes its proprietary Electrochemical Battery Enhancement Process (EBEP) to extend the life of lead-acid batteries used in various stationery applications. This technology restores any lead acid battery’s backup and performance while extending the battery life. The company has successfully restored over 3 lakh batteries, showcasing its expertise and reliability. Energy & Fire Tech is well positioned to lead innovation in this area. Its commitment to sustainability, circular economy, employment generation and cost-effective solutions set it apart in the battery refurbishment space.

Que: What is the Battery as a Service (BaaS) model offered by Energy & Fire Tech, and how is it transforming battery ownership and maintenance for businesses and individuals?

Ans: The Battery as a Service (BaaS) model offered by Energy & Fire Tech is a unique solution designed to reduce the prohibitive capital expenditure (CAPEX) associated with purchasing new batteries. Targeted primarily at bulk battery users in various industry sectors. This service allows businesses to deploy their capital more efficiently while meeting their battery needs on an operational expenditure (OPEX) model. In addition, the ability to claim depreciation on leased assets under Indian Accounting Standard 116 further enhances the financial viability of this model. By combining cost savings with reliable battery performance and maintenance, BaaS is transforming battery ownership and usage for businesses, making it a highly sought-after solution.

Que: What regulatory and policy challenges exist in India for the adoption of refurbished batteries in renewable energy storage?

Ans: In India, the adoption of refurbished batteries in renewable energy storage face challenges due to the lack of clear policies and standards. The Battery Waste Management Rules, 2022 approved and included battery refurbishment as a process but CPCB has not laid down the clear process to apply and get approval as battery refurbisher. The rules primarily focus on the disposal and recycling of used lead acid batteries. They do not provide specific guidelines or incentives for refurbished batteries. These gaps in regulation and policy create uncertainty for businesses seeking to adopt refurbished battery solutions.

Que: How does your company collaborate with OEMs and government agencies to promote energy efficiency in battery reuse?

Ans: Energy & Fire Tech collaborates with OEMs (Original Equipment Manufacturers) and government agencies to promote energy efficiency in battery reuse through strategic partnerships and joint initiatives. A notable example is our ongoing project with various private and public sector companies, where we provide battery rejuvenation and extended warranty with AMC services for ensuring long-term efficiency. In addition, we have rejuvenated batteries for several government banks and other government departments, contributing to their energy efficiency goals. These collaborations highlight our commitment to sustainability and innovation, driving effective solutions for both public and private sector organizations.

Que: With the rise of e-rickshaws as a sustainable mobility solution, how is Energy & Fire Tech supporting this market through battery restoration, recharge, and cost-effective solutions?

Ans: Energy & Fire Tech is supporting the e-rickshaw market by offering cost-effective and sustainable battery life extension solutions through a wide network of our franchisees across India. Our services ensure optimal performance and reliability of lead-acid batteries used in e-rickshaws, helping operators maintain efficient operations while reducing costs. With our extensive network, e-rickshaw operators can easily access reliable recharging stations, maximizing battery lifespan and contributing to sustainable mobility while enhancing overall business profitability.

Que: How do refurbished batteries enhance the efficiency and cost-effectiveness of rooftop solar systems, and what is the future potential of this synergy?

Ans: Refurbished batteries can enhance the efficiency and cost-effectiveness of the off grid rooftop solar systems by providing a more affordable energy storage solution for solar energy. These batteries, restored to optimal performance, store energy during the day for use during night hours, reducing reliance on grid power and lowering electricity costs. The future potential of this synergy is promising, as the demand for roof top solar energy grows and as the refurbished batteries become more accessible. This collaboration will drive further cost reductions and improve energy storage solutions, making rooftop solar systems more viable and affordable for a broader range of users.