Industrial Consultancy & Sponsored Research (IC&SR) , IIT Madras
Category- Energy, Energy Storage & Renewable Energy
Industry Classification:
NIC(2008)- 2720- Manufacture of batteries and accumulators
NAICS(2022)- 33591 Battery Manufacturing
Applications:
Manufacturing of Batteries for grid energy storage; Peak Shaving and Load Leveling; Battery Storage for Evs; Uninterruptible Power Supply (UPS); Microgrid Energy Storage; Energy Storage for Remote Communities; Long Duration Energy Storage (LDES); Energy Storage for Telecommunications and Data Centers
Market report:
The global Redox Flow Battery Market size was valued at USD 243.06 million in 2023 and is projected to grow to USD 1.71 billion by 2036, with a CAGR of 16.2%
Prof. Kothandaraman Ramanujan
Department of Chemistry
TRL 4
Technology Validated in Lab