GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy Announces To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The gigafactory is estimated to produce advanced battery energy storage systems, empowering various industries to reduce carbon emissions. The company recently announced this largest gigafactory in the esteemed presence of Dinesh Jagdale, Joint Secretary, MNRE, Rahul Walawalkar, President, IESA, and other key dignitaries at the IESA International Conference on Stationary Energy Storage India (SESI) 2024.

GoodEnough Energy claims to be India’s 1st and most advanced manufacturer of Battery Energy Storage Systems, offering commercial, industrial, and institutional energy backup solutions with flexibility and modularity. Goodenough Energy has committed a total investment of over INR 450 Cr for the Gigafactory in Jammu & Kashmir.

The company aims to support India’s Net-Zero goal and various industries with high CO2 emissions including Molding Industries (Plastic etc.), automation, mining, hospitals, refineries, Malls and shopping complexes, etc. with its 7GWH of annual storage leading to the reduction of over 5 Million tonne of CO2 emission in a year. India’s largest Battery Energy Storage Systems (BESS) Gigafactory will also create job opportunities for over 100 SMEs as vendors and suppliers and will boost job generation in the J&K region.

Akash Kaushik, Founder, GoodEnough Energy said, “The electricity industry is undergoing significant change, with a growing need for clean, reliable, and affordable power. This transformation demands innovative technical solutions and grid optimization strategies that can unlock new revenue streams and optimize energy usage. With India’s largest and state-of-the-art BESS Gigafactory in J&K, we are focusing on developing indigenous BESS technologies with global competence and cutting-edge features. Our revolutionary energy storage systems are proudly Made in Bharat and aim to empower high CO2 emission industries in achieving their green targets.”

With its capacity expansion, the company aims to reduce a whopping 15 million tonnes of CO2 emissions by 2026 through the Gigafactory. Each liter of diesel produces an average of 3 kg of CO2, considering two hrs of daily backup operation of a 125KVA generator consuming 60 liters leading to an alarming 180 Kg of CO2 emission. One electricity unit (kwh) from a Diesel generator or coal plant produces one kilogram of CO2. GoodEnough Energy’s Gigafactory with an initial capacity of 7GWH annual storage aims to reduce over 5 Million tonnes of CO2 in a year, with 2 cycles every day. This is equivalent to the Indian Railway’s annual carbon reduction target of 4 Million tonnes.

To give strength to the country’s promising EV charging infrastructure, the company is also addressing the escalating power demand for EV fast charging stations, particularly in areas with weak grid infrastructure, through its vast range of BESS offerings. With the rapid adoption of electric vehicles, the need for fast-charging facilities is growing vastly. The company’s BESS technologies enable fast charging in such locations, meeting the increasing demand effectively. Incorporating smart functionalities such as time shifting and peak shaving, users can store energy during off-peak hours to reduce costs and minimize demand charges. Additionally, these solutions seamlessly integrate solar energy, further enhancing its efficiency and sustainability.