Energy Storage

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Waaree to Set Up 16 GWh Lithium-Ion Battery Gigafactory in Andhra Pradesh

Waaree Energies has announced plans to set up a 16 GWh integrated lithium-ion battery manufacturing plant in Rambili, Anakapalli, Andhra Pradesh, with an investment of...

February 19, 2026

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Melvin Mathew

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Energy Storage

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Press Releases
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NTPC REL Floats Tender for 100 MWh Vanadium Flow Battery Project

NTPC Renewable Energy (NTPC REL) has invited bids for an engineering, procurement, and construction (EPC) package for a 100 MWh vanadium redox flow battery energy...

February 18, 2026

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Meghana Prasad

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Energy Storage

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Tenders & Auctions
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BIS Mandates Rated Capacity Verification Guidelines for Lithium Batteries

The Bureau of Indian Standards (BIS) has issued guidelines to verify the rated capacity of portable sealed secondary lithium cells and batteries. All such cells and...

February 18, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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SECI Issues Tender for 10 MW Solar Project with 20 MWh BESS in Odisha

The Solar Energy Corporation of India (SECI) has invited bids to set up a 10 MW grid-connected solar project integrated with a 10 MW/20 MWh battery energy storage system...

February 18, 2026

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Meghana Prasad

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Energy Storage

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Solar

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Tenders & Auctions
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Project Finance Brief: Greenbacker Closes $440 Million Tax Equity Financing

From: Mercom Capital Group Greenbacker, an independent power producer and energy transition-focused investment manager, secured $440 million in tax equity financing from...

February 18, 2026

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Staff

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Energy Storage

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Solar
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Funding and M&A Roundup: SOLV Energy Raises $589 Million Through IPO

From: Mercom Capital Group SOLV Energy, a company that provides construction, operation, and maintenance services for large-scale solar and battery storage projects, has...

February 18, 2026

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Staff

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Energy Storage

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Solar
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e-TRNL Energy Secures ₹274 Million to Scale Next Generation Battery Cell Innovation

Bengaluru-based battery cell manufacturer, e-TRNL Energy, has secured ₹274 million (~$3.02 million) in seed funding, led by IAN Group’s IAN Alpha Fund with participation...

February 17, 2026

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Rakesh Ranjan

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Energy Storage

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Finance and M&A
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Powertrac Invests ₹6 Billion on 1 GWh Containerized BESS Facility

Ahmedabad-based renewable energy solutions provider Powertrac Group has invested ₹6 billion (~$66.17 million) to set up a 1,000 MWh per annum containerized battery...

February 16, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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Uttarakhand Invites Bids for 250 MWh Standalone BESS Projects

Uttarakhand Power Corporation (UPCL) has floated tenders to set up standalone battery energy storage systems (BESS) with a cumulative capacity of 100 MW/250 MWh. The...

February 16, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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Goa Floats Tender for 300 MW Solar with 900 MWh Storage Projects

Goa Energy Development Agency (GEDA) has invited bids to set up 300 MW of solar projects integrated with a 150 MW/900 MWh battery energy storage system (BESS). Bids must...

February 16, 2026

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Meghana Prasad

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Energy Storage

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Solar

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Tenders & Auctions
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NTPC Invites Bids for 12,000 MWh/Day Non-Solar Hour Power Procurement

NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of NTPC, has invited bids to procure 12,000 MWh/day of power from generators or energy storage providers...

February 16, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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China Export Rebate Cuts May Raise India Solar, BESS Prices

China’s recent decision to cancel value-added tax (VAT) rebates on exports of solar and related products from April 1, 2026, is likely to increase project costs for...

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Hardi Hydro Energy Wins SJVN’s 250 MW/500 MWh Standalone BESS Auction

Madhya Pradesh-based Hardi Hydro Energy has won SJVN’s auction to set up 250 MW/500 MWh of standalone battery energy storage (BESS) systems at the 1,360 MW Panipat...

February 13, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Amara Raja’s Revenue Up 4.2% in Q3 Due to Strong EV Market Growth

Battery manufacturer Amara Raja Energy and Mobility posted a revenue of ₹34.1 billion (~$376.14 million) in the third quarter (Q3) of the financial year (FY) 2026, a 4....

February 13, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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EU Installs 27.1 GWh Battery Storage in 2025, Utility-Scale Leads Growth

The European Union (EU) has installed 27.1 GWh of new battery storage capacity in 2025, marking a 45% year-over-year (YoY) increase and the bloc’s 12th consecutive...

February 13, 2026

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Meghana Prasad

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Energy Storage

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Market & Policy

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