The Indian energy storage market is projected to generate an estimated revenue of $28.3 million in 2024, with an expected CAGR of 27.7 percent from 2024 to 2030, reaching $122.8 million by 2030. Energy storage solutions are chosen across various sectors due to their scalability and flexibility, making them suitable for applications ranging from small-scale residential setups to large utility-scale projects.
Nevertheless, enterprises need to ensure that energy storage systems perform reliably and consistently throughout their lifespan as it is crucial for their operational success. Achieving this goal is often difficult as a significant portion of industry players lack skilled technicians. Bijlee Solar stands out as an innovative company here, working closely with its clients to ensure the seamless operation & integration of energy storage systems. With an experienced team dedicated to maximizing system uptime, they deliver reliable and efficient energy solutions.
Bijlee Solar began its operations in 2017, focusing on Off-Grid solar kits using LFP batteries for very remote rural locations and installation of photovoltaic (PV) solar systems. They specialize in installing these systems for various applications including grid-connected, hybrid and off-grid setups, catering to both rooftop and ground-level installations. The firm offers affordable clean energy solutions to homeowners, businesses, schools and government organizations, providing them with access to reliable energy at a lower cost than what they typically pay to state-held utility suppliers.
“Our effective approach to designing storage systems, dedication to on-site service, customer-centric relationships and technology agnostic approach all contribute to our ability to deliver exceptional results”, says Shiv Sial, Director.
Scalable Module Solutions
Bijlee Solar is actively developing its own Energy Management System (EMS) designed to seamlessly integrate a containerized battery storage solution for mobile charging. This innovative system is intended for easy integration into diverse residential and commercial settings. Collaborating closely with OEMs, the company is ensuring that the battery banks are manufactured to precise specifications, aligning with their performance and integration requirements.
The firm’s integrated energy management systems enable them to monitor and gather data, which they leverage to design their products. They have implemented SOPs to manage their battery management system and actively participate in the battery recycling supply chain. Furthermore, Bijlee Solar is committed to establishing a sustainable supply chain for second-life batteries and ensuring their effective recycling processes. To optimize cost-effectiveness, the company integrates advanced technologies such as DC optimized inverters. These inverters play a crucial role in enhancing the efficiency of solar energy utilization by improving the way power is stored and managed within PV systems.
Just the way Levelized cost of energy reduced drastically with Solar PV, the Levalised cost of storage will reduce with demand & scale, which will make Round the clock clean energy a reality in the future
Bijlee Solar is engaged in forging partnerships with commercial establishments to seamlessly integrate energy storage systems with their solar infrastructure. Additionally, they have established strategic collaborations with prominent government entities such as the Maharashtra Energy Development Agency, Reserve Bank of India, Military Engineering Services, and various generation and transmission companies operating within Maharashtra. They have also established strategic alliances with leading corporates in the country, such as Haldiram and ITC, among others.
Looking ahead, Bijlee Solar’s strategic goals include pioneering advancements in solar technologies while expanding its market footprint. These initiatives are strategically aligned with diverse central government programs aimed at enhancing sustainable development across the region. Furthermore, the company is gearing up to launch a specialized unit dedicated to deploying their cutting-edge energy management system, complemented by a custom dashboard designed to optimize energy efficiency and empower local communities. Bijlee aims to lead the implementation of distributed renewable energy systems and become a turkey solution provider.