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An announcement from Vikram Solar Limited ( (IN:VIKRAMSOLR) ) is now available.
PowerHive, the battery and energy storage arm and wholly owned subsidiary of Vikram Solar, has launched its flagship VION brand of next-generation lithium-ion batteries for home power backup, integrated inverter-battery systems, and e-mobility applications such as e-rickshaws. The move extends Vikram Solar’s business beyond solar module manufacturing into distributed energy storage, targeting India’s growing demand for reliable, efficient and eco-friendly backup power and electric mobility solutions.
The VION portfolio debuts with five products across three categories, including 1.2 KWH to 15 KWH inverter batteries that offer up to 12 hours of backup and can run high-load appliances, an integrated 1.2 KWH PowerStack 1.0 inverter-battery system, and a 5 KWH LiFePO₄-based e-rickshaw battery with AIS-156 compliant safety features. PowerHive has already secured a 100 MWH battery energy storage system order, underscoring strong early market traction and signaling a strategic step in Vikram Solar’s evolution along the energy value chain and its bid to capture long-term, high-capacity storage opportunities.
More about Vikram Solar Limited
Vikram Solar Limited, through its battery and energy storage arm PowerHive, operates in the clean energy sector with a growing focus on distributed battery storage. Traditionally known as a solar manufacturing company, it is expanding into lithium-ion solutions for electric mobility and residential backup, aiming to position itself as an integrated clean energy solutions provider in India.
Average Trading Volume: 144,303
Technical Sentiment Signal: Strong Sell
For detailed information about VIKRAMSOLR stock, go to TipRanks’ Stock Analysis page.