As part of our commitment to support India’s renewable energy goals, Pixii has opened a new office in New Delhi. This marks an exciting new chapter in our global journey, as we help drive the energy transition in one of the world’s most dynamic and rapidly growing economies.
India is a key player in the global shift towards clean energy, with ambitious plans to achieve 500 GW of renewable energy by 2030 and reduce energy intensity per unit of GDP by 45 percent. These targets, alongside India’s goal of sourcing 50 percent of its energy from non-fossil fuels, signal a major opportunity for robust energy storage solutions to manage the variability of renewable sources like solar and wind.
“India’s commitment to sourcing 50 percent of its energy from non-fossil fuels by 2030 highlights the crucial need for significant investments in both energy production and storage. This presents a tremendous opportunity for our modular and scalable energy storage solutions.”
Kenneth Bodahl, Chief Executive Officer of Pixii
Meeting India’s energy storage needs
India is projected to require between 160 and 182 GWh of energy storage by 2030. Our modular and scalable energy storage systems are designed to meet these evolving needs. Our technology ensures seamless energy transfer between the grid and batteries, providing reliability and ease of maintenance across a wide range of applications – from utility grids and commercial buildings to EV charging stations and industrial operations.
Building a local presence
Our New Delhi office is now up and running, and we’re expanding our local team to support our growing commercial activities. Our long-term strategy also includes establishing local production in India to strengthen our market position and complement our global manufacturing footprint.
Expanding through strategic trade partnerships
Our entry into the Indian market is further supported by the recent trade agreement between Norway and India, signed earlier this year. This agreement opens up streamlined trade access and enhances opportunities for growth.
“We already have a strong sales presence and a robust commercial pipeline in India. Local production will play a key role as we scale up to meet the growing demand. The expanding Indian market, coupled with streamlined trade access, made our decision to invest in India straightforward.”
Kenneth Bodahl, Chief Executive Officer of Pixii
Our global expansion journey
Our expansion into India is part of our larger mission to accelerate the global shift to sustainable energy. Though headquartered in Norway, over 90 percent of our sales are international, with significant markets across Scandinavia, the Baltics, Europe, and now, India.
Recognized as Norway’s fastest-growing tech company in the 2023 Deloitte Technology Fast 50 awards, we continue to deliver innovative energy storage solutions worldwide.
Meet us at The Battery Show India!
We’re excited to connect with the Indian battery community at The Battery Show India, which runs from October 3–5 at the India Expo Centre, Greater Noida. You can find us in Hall 5, Booth 374. We look forward to seeing you there!
