{"id":620193,"date":"2023-11-29T15:41:04","date_gmt":"2023-11-29T10:11:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=620193"},"modified":"2023-11-29T15:41:04","modified_gmt":"2023-11-29T10:11:04","slug":"waaree-technologies-ltd-and-3dbattery-sign-mou-for-advanced-energy-storage-solutions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/waaree-technologies-ltd-and-3dbattery-sign-mou-for-advanced-energy-storage-solutions\/","title":{"rendered":"Waaree Technologies Ltd. and 3DBattery sign MoU for advanced energy storage solutions"},"content":{"rendered":"<p>Waaree Technologies Ltd. (WTL) entered into a non-binding Memorandum of Understanding (MoU) with Israeli company 3DBattery to collaborate on the development and production of advanced energy storage solutions.<\/p>\n<p>The collaboration is centered on 3DBattery&#8217;s lithium-ion and upcoming sodium-ion technology. The signing of a definitive agreement will follow further evaluation of the partnership.<\/p>\n<p>The collaboration with 3DBattery will equip Waaree Technologies Ltd. with the ability to domestically manufacture high-performance, rechargeable energy storage solutions, enhancing its position in the Indian and global new energy domain.<\/p>\n<p>3DBattery specializes in advanced Lithium-ion battery cells with cutting-edge chemistry, offering enhanced energy storage performance. The company provides various cell chemistries for applications such as Electric Vehicles, Micro Mobility, and Stationary and Renewable Energy.<\/p>\n<p>Commenting on the partnership Kirit Doshi, Chairman &#038; Managing Director, of the Company said, &#8220;We are excited to welcome 3DBattery on board as a partner. Their immense R&#038;D capabilities, coupled with Waaree\u2019s capabilities in manufacturing new energy solutions, will certainly pave the way for a paradigm shift in energy storage.&#8221;<\/p>\n<p>He highlighted the strategic significance of leveraging 3DBattery&#8217;s lithium-ion and sodium-ion battery technology to build capacities for 5GWh of battery cell production.<\/p>\n<p>Doshi emphasized the importance of reducing dependency on a single source and diversifying supply chains. He stated, &#8220;Our ability to produce the first fully Indian-manufactured next-generation battery system assumes a special significance. Through this partnership, Waaree will be equipped with the capability to serve every segment of the energy storage market, and to become a driving force in the global clean energy transition.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Waaree Technologies Ltd. (WTL) entered into a non-binding Memorandum of Understanding (MoU) with Israeli company 3DBattery to collaborate on the development and production of advanced energy storage solutions. The collaboration is centered on 3DBattery&#8217;s lithium-ion and upcoming sodium-ion technology. The signing of a definitive agreement will follow further evaluation of the partnership. The collaboration with 3DBattery will equip Waaree Technologies Ltd. with the ability to domestically manufacture high-performance, rechargeable energy storage solutions, enhancing its position in the Indian and global new energy domain. 3DBattery specializes in advanced Lithium-ion battery cells with cutting-edge chemistry, offering enhanced energy storage performance. The company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-620193","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/620193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=620193"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/620193\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=620193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=620193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=620193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}