Ola launches energy storage solution Shakti to complement green energy push

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Electric two wheeler manufacturer Ola Electric launched its residential battery energy storage system (BESS) solution, Shakti, on Thursday. This is the first non-vehicle product from the company.

Ola Electric CEO Bhavish Aggarwal said his company has been working on deploying energy storage network to ensure that half the renewable energy produced in the country can be stored for later use. This could help bridge the gap between supply and demand of green energy, he added.

Ola Shakti will utilise Ola’s in-house 4680 Bharat Cells, said Aggrawal. This…



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Ola launches energy storage solution Shakti to complement green energy push



Electric two wheeler manufacturer Ola Electric launched its residential battery energy storage system (BESS) solution, Shakti, on Thursday. This is the first non-vehicle product from the company.

Ola Electric CEO Bhavish Aggarwal said his company has been working on deploying energy storage network to ensure that half the renewable energy produced in the country can be stored for later use. This could help bridge the gap between supply and demand of green energy, he added.

Ola Shakti will utilise Ola’s in-house 4680 Bharat Cells, said Aggrawal. This…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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