Partnership9 Jul 2026, 05:11 pm
Havells India Partners with Pixii AS for Battery Energy Storage
AI Summary
Havells India Limited has announced a strategic collaboration with Norway-based Pixii AS to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market. This partnership aims to leverage Havells' manufacturing and distribution capabilities with Pixii's energy storage technology to cater to small-scale, commercial, and industrial segments. The collaboration will follow a phased roadmap, including pilot installations, co-development of solutions, and eventual local manufacturing in India. This move positions Havells to capitalize on India's rapidly growing energy storage market, projected to reach ₹10-12,000 crore by FY30.
Key Highlights
- Havells India enters the Battery Energy Storage System (BESS) market.
- Strategic collaboration with Norway's Pixii AS for advanced BESS technology.
- Focus on small-scale, commercial, and industrial segments in India.
- Aims to drive local manufacturing and innovation in energy storage.
- Targets India's rapidly growing BESS market, expected to reach ₹10-12k Cr by FY30.
Price Impact
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