Delhi, India:
 Luminous Power Technologies, an innovation chief in vitality options in India, has signed a memorandum of understanding with GP Energy Tech International Pte. Limited (“GP Energy Tech”), a member of Gold Peak Technology Group, one of many world’s main suppliers of major and rechargeable batteries. The partnership is India’s first challenge targeted on adopting Nickel Metal Hydride (NiMH) batteries for residence inverter and photo voltaic functions. The demand and progress for vitality storage within the Indian market will drive the necessity for cost-efficient, protected, and environmentally pleasant storage batteries for the years to come.

 

Under the settlement, Luminous will consider the mutually agreed specification prototype related for the Indian market within the inverter and photo voltaic section and will probably be going beneath analysis utilizing GP Energy Tech improvement kits to put together for future manufacturing. By using NiMH batteries, Luminous will ship maintenance-free, quick charging, protected, compact, and lighter options – whereas leveraging its current manufacturing traces and experience in photo voltaic and residence inverter supplies.

 

Commenting on the partnership, Preeti Bajaj, Managing Director, Luminous Power Technologies, stated, “At Luminous, our innovation strategy is rooted to invest significantly on R&D for creating advanced energy solutions that are both greener and more efficient. Our partnership with GP Energy Tech demonstrates our commitment to bring better and safer solutions that benefit an array of consumers with unique needs. Alternate chemistry like NiMH batteries for residential use is an exhilarating step-forward; another endeavour to have a sustainable future.”

 

Adding to this, Victor Chong, President, GP Energy Tech, stated, “India is an exciting market for us, and we’re proud to be partnering with the country’s leading battery manufacturer to serve the increasing need for sustainable and reliable energy in homes. This research effort aims to create a solution that India has never seen before. The solution has the potential to be far more environmentally friendly, maintenance-free, and safer than any existing battery technologies in India.”