Waaree Technologies, 3DBattery Join Hands To Develop Advanced Energy Storage Solutions
Waaree Technologies (WTL), on Thursday, signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery’s lithium-ion and upcoming sodium-ion technology.
This collaboration with 3DBattery provides advanced Lithium ion battery cells with state-of-the-art chemistry, delivering improved energy storage performance. The Parties will evaluate the collaboration further before entering into a definitive agreement.
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.
Kirit Doshi, Chairman & Managing Director, of the Company, “Leveraging 3DBattery’s path-breaking lithium-ion and sodium-ion battery technology will enable us to build capacities for 5GWh of battery cell production.”
Through collaborations with global players in the renewable and new energy storage space, Waaree Technologies Ltd. reinforces its commitment to manufacturing and driving the adoption of, new-age technologies that will reshape the world’s energy landscape and pave the path towards Net-Zero.
