Energy Storage

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Energy Storage Developer Hydrostor Secures $230 Million Equity Funding

Hydrostor, a developer and operator of compressed air energy-based long-duration energy storage systems, has secured a $230 million equity investment from existing and...

August 18, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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NextEnergy UK I Acquires 107 MW Battery Storage Portfolio in the UK

NextEnergy UK I (NEUK I), a private U.K. fund managed by NextEnergy Capital, has acquired a 107 MW portfolio of three operational standalone battery storage assets in...

August 18, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Powertrac to Build 10 GWh Battery Storage Manufacturing Facility in Gujarat

Powertrac Group, a renewable energy solutions provider, has announced plans to establish a 10 GWh battery energy storage manufacturing facility in Ahmedabad, Gujarat....

August 18, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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UPERC Rejects Petition for BESS Integration with Thermal Power Plants

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has dismissed a petition filed by U.P. Rajya Vidyut Utpadan Nigam (UPRVUNL) seeking an enabling regulatory...

August 17, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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Form Energy Raises $750 Million to Scale Iron-Air Battery Production

Form Energy, an iron-air-based battery systems provider, has raised $750 million in a Series G financing round, bringing Form Energy’s total equity funding to more than...

August 14, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Londian Wason Raises $94.3 Million in New York Stock Exchange IPO

Londian Wason, a manufacturer of electrolytic copper foil, has raised $94.3 million through its initial public offering. The company is listed on the New York Stock...

August 14, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Fall in Battery Hardware Resales Pulls Stem’s Q2 Revenue Down 12% YoY

Energy storage company Stem’s revenue fell 12.3% year-over-year (YoY) to $33.65 million in the second quarter (Q2) of 2026 compared with $38.37 million, missing...

August 14, 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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Karnataka Floats Consultancy Tender for 2.5 GW Pumped Storage Project

The Karnataka Power Corporation (KPCL) has invited bids for consultancy services to prepare a detailed project report (DPR) for the 2,500 MW Varahi pumped storage...

August 14, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Gujarat Tenders 1 GW/4 GWh Standalone Battery Storage Projects

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up 1,000 MW/4,000 MWh of standalone battery energy storage systems (BESS) in the state (Phase-X). The projects...

August 13, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Solar Plus Storage Cuts Grid Imports and Diesel Use at Maharashtra Firm

A manufacturing facility in Maharashtra has reduced its monthly grid electricity purchases by 11.1% and lowered diesel consumption after integrating a 600 kW/1.2 MWh...

August 13, 2026

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Arjun Joshi

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C&I

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Energy Storage

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Solar
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Octillion Opens Third Battery Plant in India With 3 GWh Annual Capacity

U.S.-based Octillion Power Systems, a supplier of battery systems for electric vehicles, has opened its third manufacturing facility in India in Halol, Gujarat, adding...

August 12, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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Waaree Subsidiary Secures Medium Voltage Skids Order Worth ₹1.6 Billion

Waaree Transpower, the transformer solutions subsidiary of Waaree Energies, has secured an order worth approximately ₹1.6 billion (~$16 million) to supply 8.3 MVA...

August 12, 2026

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Parth Shukla

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Energy Storage

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Other
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Amara Raja Starts 10 GWh Battery Plant Construction, Q1 Revenue Up 24%

Energy storage solutions provider Amara Raja Energy and Mobility reported revenue from operations of ₹42.15 billion (~$442.58 million) in the first quarter (Q1) of the...

August 12, 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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GUVNL Announces Winners of 450 MW/900 MWh Battery Storage Auction

Gujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to set up 450 MW/900 MWh of battery energy storage systems in the state, with viability gap...

August 12, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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MENA Weekly Round-Up: BYD Energy Wins 5.2 GW Solar, 19 GWh Storage Project

BYD Energy Storage secured a major contract from Masdar to supply battery energy storage systems for the round-the-clock (RTC) renewable energy project in Abu Dhabi....

August 12, 2026

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Melvin Mathew

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Energy Storage

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Solar

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