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AmpereHour Energy Raises Rs 41.5 crore to Expand Battery Storage Solutions
Mar 13, 2025
Pune-based AmpereHour Energy has secured Rs 41.5 crore in Series A funding, led by Avaana Capital, with participation from UC Impower and existing angel investors. The investment will help the company:
- Scale battery energy storage deployment
- Enhance manufacturing capabilities
- Expand product offerings
- Strengthen R&D efforts
Company & Technology Overview
- Commissioned Capacity: Over 40 MWh, with 1,000+ MWh deployed across 50+ sites globally
- Technology Stack: AH-Stack module integrated with proprietary ELINA Energy Management Software
- Key Benefits: Grid stability, renewable energy integration, and reliable backup power
- Turnkey Services: Engineering, procurement, and construction (EPC) for seamless BESS integration
Key Clients
AmpereHour Energy serves major domestic and international players, including:
- Indigrid
- Cummins
- Siemens
- Coca Cola
- Amazon
- Yellow Door (UAE)
- BRPL
Market Outlook & Policy Push
- The Ministry of Power has mandated that solar tenders must include a minimum two-hour energy storage system equivalent to 10% of the installed solar capacity.
- This could lead to 14 GW/28 GWh of storage by 2030.
- Mercom Capital Group reported a 5% year-over-year increase in corporate funding for energy storage companies.
This funding positions AmpereHour Energy to capitalize on India's growing energy storage market, driven by renewable integration mandates and rising storage demand.