The energy storage market in India is rapidly expanding, driven by the booming EV sector, particularly electric two-wheelers. Numerous EV manufacturers are entering the market, fueling further growth, with Li-ion battery technology playing a significant role. Additionally, Battery Energy Storage Systems (BESS) are becoming increasingly important for solar energy production, enhancing the demand for energy storage solutions across various sectors.
However, customers face major challenges, including battery charging time, range per charge, battery lifespan, and safety. Triolt Energy pioneers energy storage solutions, specializing in advanced lithium and beyond-lithium technologies. The firm offers unparalleled safety, performance, and quality in cell design and fabrication, addressing key customer concerns.
Pioneers in Next-Generation Energy Solutions
Since its inception, Triolt Energy has strategically developed various chemistries to meet the unique needs of diverse industries. The company focuses on fast-charge Li-ion cells that revolutionize fleet operations, last-mile delivery services, and public transport by reducing downtime and enhancing efficiency. Triolt’s robust R&D capabilities have been crucial in keeping pace with the rapidly evolving energy storage sector, resulting in several patents showcasing its advancements at the cell level.
Triolt's primary objective is to reduce charging times, aiming to match traditional refueling speeds, demonstrating its commitment to industry leadership.
The firm is incubated at the prestigious IIT Madras Research Park and has received grant support from DST Nidhi Prayas via CIE-IIIT Hyderabad, MeitY Tide-2.0 through Maker Village, Kochin, and RTBI from IIT Madras Research Park. Its victory in the 2022 UNIDO-FLCTD Innovation Challenge highlights its expertise in energy storage. Addressing talent scarcity, the firm actively collaborates with academic institutions to nurture a skilled workforce, underscoring its dedication to sustainable growth and innovation.
Triolt Energy’s portfolio includes Li-ion Pouch Cells and Cylindrical Cells, both designed for rapid charging and exceptional cycle life. These cells feature NMC and LFP chemistries where NMC chemistry is ideal for electric two-wheelers (E2W) and four-wheelers (E4W), offering a balance of performance and energy density. LFP chemistry, on the other hand, suits electric three-wheelers (E3W) and heavy vehicles, where space is less of a concern. “The firm also pioneers advancements in sodium-ion technology, recognizing its potential”, says Rajesh Thomas, Co-Founder & COO.
Triolt Energy stands out in the energy storage sector with its exceptional Li-ion cells' quick charging capabilities, achieving a 10-80 percent recharge in just 10 minutes while maintaining an extended cycle life. These cells have been validated with over 2800 cycles at this rapid charging rate, underscoring Triolt's innovative edge and commitment to superior performance. The founders Rajesh Thomas, Raghu Sripada, and Ananya Gangadharan have over 35 years of combined expertise in battery technology, with research experience from IIT Madras and IISC Bangalore. Their professional engagements span Israel, Portugal, Saudi Arabia, and Japan, focusing on Li-ion cell technology, battery materials, cell development, and chemistries.
Triolt Energy pioneers innovative Lithium-ion solutions, including a 15-minute quick charge for EV batteries, driving sustainable energy advancements upto 10-80 percent charge in 10 minutes
The company collaborates closely with OEMs to tailor its cell technology to meet high discharge rate requirements, ensuring optimal performance and reliability. Prioritizing safety and longevity, Triolt meticulously engineers its cells for extended life and safety, even at elevated temperatures typical of EV environments. Its innovative design approach minimizes heat generation, reducing potential safety risks and surpassing existing market standards by 1.5 to 2 times in cycle life. This commitment to excellence enhances product reliability and instills customer confidence in the long-term performance of Triolt’s EV systems.
Triolt Energy's future roadmap includes leveraging its diverse Li-ion cell product portfolio, featuring NMC and LFP chemistries. The firm’s immediate production plans involve establishing a 50 MWh line by 2025, with further scaling to between 500 and 2 GWh in the future.
