Energy Storage
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...
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...
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...
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...
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....
European Energy, a renewable energy project developer, has secured £58.1 million (~$78.5 million) in construction financing for its Indian Queens hybrid renewable...
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has reached financial close for the La Esperanza Solar project in Mexico. Located in...
Agencies in India issued tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity across energy storage, hybrid, utility-scale solar, wind, manufacturing,...
Battery manufacturer Amara Raja Energy & Mobility has approved additional investments totaling ₹5.5 billion (~$57.64 million) in two of its wholly owned subsidiaries...
Solar project developers Verdant Energy and Aura Power Developments have merged to form a solar and battery energy storage system (BESS) independent power producer (IPP)...
Corporate funding for energy storage companies totaled $8.9 billion across 73 deals in the first half (1H) of 2026, down 2% year-over-year (YoY) from $9.1 billion across...
The Gujarat Electricity Regulatory Commission (GERC) has adopted a tariff of ₹4.87 (~$0.0511)/kWh for the procurement of 250 MW of firm and dispatchable renewable energy...
U.S.-based energy storage solutions provider Eos Energy Enterprises reported a revenue of $68.8 million in the second quarter (Q2) of 2026, a 351% year-over-year (YoY)...
Utility-scale energy storage firm Fluence Energy posted revenue of $649.8 million in the third quarter (Q3) of the fiscal year (FY) 2026, up 7.9% year-over-year (YoY)...
Lithium-ion batteries dominate India’s energy storage market today, but researchers and industry are also exploring alternative technologies for long-duration...
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