Su-Kam Power Systems Limited, an Indian power solutions provider, has signed a Memorandum of Understanding (MoU) with the Himachal Pradesh Government to set up a Sustainable Energy Storage Park in the state. The project aligns with the government’s vision of zero carbon emissions and promoting green and renewable energy.
Su-Kam plans to produce e-mobility and solar energy products on the approximately 50-acre site at this Sustainable Energy Storage Park. As per the MoU, the company will be allotted the necessary land, along with external developments and other required infrastructure facilities. Additionally, it will receive connectivity to the highway and other incentives as per the government norms.
As per Sanchit Sekhwal Goyal, Director, Su-Kam Power Systems, Su-Kam plans to invest around Rs 300 crore in the coming years and expand in green energy such as renewable, e-mobility, and other sustainable energy product segments. The company will produce EV batteries and chargers for both two and four-wheelers, solar panels, and expand its solar range.
Goyal further adds that Su-Kam’s product range includes solar power generation systems consisting of inverters, batteries, CCU, inverters and batteries. The Energy Storage Systems Division of Su-Kam is committed to developing futuristic products, moving towards the next generation of energy storage systems. It is going to launch Lithium-ion batteries soon. Goyal also highlighted the government’s efforts to promote green and renewable energy in the state. It is playing a significant role in promoting green energy and encouraging individuals to contribute towards achieving zero carbon emissions. Additionally, the government is supporting manufacturers with industry-friendly policies.
Su-Kam aims to provide employment to more than 1000 people and support the government’s mission of zero carbon emissions in Himachal Pradesh.