Indian Institute of Technology Hyderabad (IITH)-incubated PURE has announced its entry into the energy storage segment with PuREPower, catering to home, commercial, and grid applications.
The company will manufacture these solutions at its Kandi facility in Telangana, which currently produces 40,000 EVs annually and has an energy storage capacity of 200 MWh. Over the next five years, PURE aims to scale production to five to six GWh per annum.
While the cells for storage solutions are imported, PURE is focusing on localising other components and is collaborating with IITH and ARCI for R&D in battery technology. The company has invested Rs 150-160 crore so far and plans to invest Rs 400 crore over the next few years. PURE has already raised Rs 200 crore by diluting less than 20 percent equity. The energy storage solutions will include three kVA to 15 kVA systems for home use and 25KVA to 100KVA for commercial applications.
In 2026, PURE plans to launch grid-scale solutions with compact container-based products of up to four MWh capacity, catering to state utilities, industries, micro-grids, and renewable parks. “As India's grid adapts to the rapid expansion of solar and wind energy, PuREPower Grid will play a pivotal role in stabilising the grid, managing peak loads, and enhancing renewable energy integration. By enabling frequency regulation, reducing transmission losses, and ensuring grid reliability, it aligns with India's decarbonisation targets and strengthens its energy infrastructure for a sustainable future,” Founder & MD, Dr. Nishanth Dongari said.