“Since its inception, Lithium Power has come a long way!”
Lithium power fuels a brighter future for upcoming generations by delivering precision-designed storage & renewable energy products. The Enterprise World is proud to introduce it in The Best Renewable Energy Storage Solutions Providers-2022.
As the third-largest electricity consumer, India produces 38% of its energy from renewable sources and has made tremendous efforts to put several successful laws on renewable energy into place. By the end of 2022, the Indian government wants to have 175 GW of renewable energy plants up and running, and 450 GW by 2030. Numerous renewable energy firms have stepped forward to work together for a brighter tomorrow in order to contribute to achieving the net-zero aim set by India during COP26.
In addition to being a pioneer in a fully integrated battery production facility in North India outfitted with the most modern equipment, the developing energy storage startup Lithium Power has already established itself as a market leader.
Lithium Power, one of India’s newest producers of storage and renewable energy products, began operations in 2020 with the goal of bridging the gap between home and industrial power requirements by providing superior goods, services, and global presence. Lithium Power, which is evolving into a one-stop shop for complete battery goods, is a fully self-contained unit with the right setup to process every component of the battery within.
The company’s goal is to bridge the gap between industrial and home power needs. There is a scattered, diverse, and worldwide potential for the production of renewable energy.
Lithium Power develops sustainable and profitable Energy Storage Solutions to meet the needs of various industries, including those for Tubular, AGM, GEL, Lithium, and LifePo4 Batteries, home UPS systems, and solar inverter systems. They do this with their cutting-edge solutions and expertise in offering customized solutions for their clients.
It is a new company compared to the other industry participants, having just been around for two years. But starting from nothing and rising to become one of the most well-known battery exporters is a fantastic accomplishment.
Lithium Power’s exclusive line of high-quality products has been well received in the Middle East and African markets, and its efforts in methodical distributions and marketing investment have increased the channel’s confidence as well.
The Determining Factor -Lithium Power
Lithium powder is a differentiator in the renewable & energy products segment.
As a new player in the market for renewable energy and storage, Lithium Power is known for creating creative and financially sound solutions to meet the needs of renewable storage across a variety of technologies.
Since its start, Lithium Power has been steadily achieving its aim of being the global face of energy storage goods by developing cutting-edge approaches and cutting-edge technologies. Since its founding in 2020, Lithium Powder has effectively met the global need for renewable energy sources by adhering to its core concepts of price, quality, choice, and convenience.
When it comes to the point where manufacturers must put their skills to the test, everything depends on how far along the manufacturing facility is in terms of the technology it uses and the sophistication of its quality control procedures.
A wide range of cutting-edge production tools are available from Lithium Power, including die casting and excellent gravity casting machines, a paste mixer with automatic weight and temperature controls, a cone feeder, a pester with a flash drying oven, curing chambers with steam humidification, and automated assembly lines with quality control equipment for each process.
Outlook On Industry Trends
One of the key elements influencing rapid development is thought to be the decline in the price of energy storage technology. The Indian government’s measures, which aim to quickly expand the green energy industry in the next years and reach 450 GW of wind and solar energy generation capacity by 2030, are also contributing to the market’s growth. By 2027, it is anticipated that the market for battery energy storage systems in India would expand at a CAGR of over 10%.
There is a rise in consumer electronics adoption, a rise in the demand for plug-in automobiles, and a rise in the need for automation and battery-powered material-handling equipment in industries. However, in order to meet the growing demand for lithium-ion batteries, a growing number of R&D projects are being undertaken by various organizations and battery producers.
Behind The Curtains
“Connecting our innovations with superior manufacturing, we build products that set standards for the industry, becoming a name synonymous with trust for consumers.”
Under Deepak Pathak, the company’s founder and director, Lithium Power has been successfully navigating its path to success as the top producer, supplier, and exporter of all types of energy storage and solar solutions.
Mr. Deepak has nearly two decades of experience across a variety of industry segments, including Business Development, Sales & Marketing, Key Account & Team Management. He brings with him a broad range of knowledge and expertise in developing new market opportunities, expanding distribution, and establishing efficient sales force controls.
“Difficult roads often lead to beautiful destinations!”
The benefits of starting one own business are vast, but there are also a number of special hurdles and difficulties that one must overcome. A difficult entry has never existed.
Deepak Pathak and his team faced many difficulties, including lagging demand, a weak and ineffective industry marketing strategy, knowledge and talent deficiencies, and poor financial management. Yet within two years of its founding, Lithium Power became a profitable business because of its unwavering resolve and extensive market knowledge.
Path To Success
Lithium Power has created a sizable customer base in 20+ abroad regions with more than 100+ importers, with an emphasis on finding creative and commercially viable solutions for the world’s energy storage needs across several technologies. A testament to the effectiveness of its energy storage products, the company takes pleasure in its 10,000+ strong network of customers.
“Life is a roller coaster ride. Working with multinational giants and corporations was always an easy option. But we decided to work with businesses from all levels and deliver excellent solutions with an aspiration to prove and raise the bar of standards. Fortunately, we made it happen, and this was the moment of life,” says Deepak Pathak.
A marketable product that is continually being developed and delivered is the first requirement for long-term success in manufacturing. The ability to forge bonds with devoted customers comes next, and finally the insight to run with high profit margins.
Team For The Win
Lithium Power stands strong today due to a strong team working towards a common goal.
The crew on the ground is very skilled and knowledgeable. They possess exceptional listening skills, the capacity to multitask, the wit to think quickly on their feet, and the agility to offer quick answers. They are also well-trained, passionate, positive, and empathic. In order to actively incorporate the newest sales trends and technology into their work, the team always remains current on these topics.
The Power Of Technology
Utilizing the newest innovations and technology in its whole company operation is a top priority for Lithium Power. As part of its rigorous quality control procedures, the company uses tools like OES & Weld Checkers, Short Circuit Testers, Air Leak Testers, Online HRD
Testers, a fully stocked Chemical Lab, Spectro Lab, and Sophisticated Electrical Test Lab with Life Cycle Testers, HRD machines, and Medtronic Testers.
The company’s primary focus is manufacturing, which also serves as the foundation for all of its operations. A first-rate manufacturing plant and an extremely effective research and development unit ensure that the company is at the forefront of battery and solar services. Additionally, a top-notch PDI system employs a variety of tests to guarantee that the goods are of the highest calibre before they are delivered to the customers.
A Step Into The Future
Future predictions indicate that by 2030, demand for lithium will have increased by more than 500%. According to a number of estimates, the demand for the product might exceed the supply, which would increase its price.
Transportation and energy storage being at the focal point of the future, industry leadership are considering novel ways to invest in it. Planning for expansion necessitates a multidisciplinary strategy, an examination of every facet of the company, including marketing, the web, production, and its effects on others. This will promote unity. At the same time, it will set up future strategic planning components and get the company ready for quick expansion. Everyone inside the firm will be impacted by business growth, which makes excellent communication even more important in this situation.
Words Of Wisdom For Budding Entrepreneurs
“The only advice I can share as per my previous experience of entrepreneurship is – Do what inspires you.”