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GoodEnough Energy Private Limited

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GoodEnough Energy Private Limited
File:GoodEnough Energy Pvt Ltd.svg
Private
ISIN🆔
IndustryBattery Energy Storage System
Founded 📆2015; 11 years ago (2015)
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
India
China
Kenya
UAE[1]
Key people
  • Akash Kaushik
  • Adit Agarwal
  • Gaurav Aggarwal
[2]
Services
  • Battery Energy Storage System
Members
Number of employees
250+ (2023)
SubsidiariesGoodEnough Energy
🌐 WebsiteGoodenough Energy
📇 Address
📞 telephone

GoodEnough Energy Private Limited is an Indian battery energy storage company founded in 2023 and headquartered in Greater Noida, Uttar Pradesh. The company was established by a team of experienced professionals in the clean energy sector.[3] GoodEnough Energy is incorporated honouring Nobel Laureate Professor John B. Goodenough, the inventor of lithium iron phosphate (LFP) batteries, with whom the company collaborated during its inception.[3] The company aims to address India's growing need for battery energy storage systems (BESS) by offering modular, intelligent solutions suited for industrial, EV, and renewable energy sectors.[3] In 2024, GoodEnough Energy announced a ₹450 crore investment to build India's largest battery storage gigafactory in Jammu and Kashmir. The facility will begin operations with a 7 GWh capacity and is projected to expand to 20 GWh by 2026.[4][5] The gigafactory initiative was showcased at the SESI 2024 conference, receiving attention from top renewable energy leaders and government representatives.[6]

Funding and Endorsements

In March 2024, GoodEnough Energy secured ₹450 crore (~US$54 million) to fund the construction of the Jammu and Kashmir gigafactory.[7] The plant's first phase includes a 7 GWh manufacturing capacity, with future scaling to 20 GWh by 2026.[4][8] The project is expected to support India's clean energy transition by reducing up to 5 million tonnes of CO₂ emissions annually at initial capacity, and up to 15 million tonnes when fully operational.[9]

See also

References

  1. ↑ "GoodEnough Energy Setups india Largest BESS Gigafactory, target 'Renewable Energy'". The Economic Times. Retrieved 19 March 2024.
  2. ↑ "GoodEnough Energy to invest Rs 450 crore to set up 20GWh storage equipment factory by 2026". Moneycontrol. 30 October 2023. Retrieved 19 March 2024.
  3. ↑ 3.0 3.1 3.2 "Good Enough Energy Enhancing Sustainability with Battery Storage Systems". EV Mechanica. 2024-03-21. Retrieved 2025-06-10.
  4. ↑ 4.0 4.1 "GoodEnough Energy set to establish India's largest BESS gigafactory in J&K with 7GWh initial capacity". Economic Times Energy. 2024-03-19. Retrieved 2025-06-10.
  5. ↑ "GoodEnough Energy invests ₹450 crore in BESS gigafactory in J&K". The Hindu Business Line. 2024-03-22. Retrieved 2025-06-10.
  6. ↑ "SESI 2024: GoodEnough Energy to set up India's largest BESS plant". ETN News. 2024-03-26. Retrieved 2025-06-10.
  7. ↑ "GoodEnough Energy to invest ₹450 cr in 20GWh BESS manufacturing plant". Business Standard. 2024-03-19. Retrieved 2025-06-10.
  8. ↑ "GoodEnough Energy to set up 20 GWh battery storage factory in Jammu & Kashmir". PV Magazine India. 2024-03-19. Retrieved 2025-06-10.
  9. ↑ "GoodEnough Energy aims to reduce 5 million tonnes of CO2 emissions every year". Energetica India. 2024-03-19. Retrieved 2025-06-10.


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