Energy Storage

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NTPC Announces 2.3 GWh Energy Storage Auction Winners

G R Infraprojects,  Enviro Infra Engineers, Solarworld Energy Solutions, NTPC GE Power Services, Pace Digitek, and Enrich Energy have won NTPC’s auction to set up 2,334...

March 31, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Coal India, Sarus Infra Win TGGENCO’s 1.5 GWh Battery Storage Systems Auction

Coal India and Sarus Infrastructures have won the Telangana Power Generation Corporation (TGGENCO) auction to set up 375 MW/1,500 MWh standalone battery storage systems....

March 31, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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GFCL EV Raises $80 Million to Scale Battery Materials Manufacturing

Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the...

March 30, 2026

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Meghana Prasad

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Energy Storage

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Finance and M&A
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Battery Cycling is Becoming a Key Cost Factor in India’s Energy Storage Economics

India’s battery energy storage sector is expanding rapidly, but a less visible challenge is emerging as projects move from planning to operation: the impact of...

March 27, 2026

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Arjun Joshi

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Energy Storage

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Mercom Research Focus
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Exide Infuses ₹4.5 Billion into Subsidiary for Battery Manufacturing Expansion

Exide Industries has made an additional investment of ₹4.5 billion (~$47.86 million) in its wholly owned subsidiary, Exide Energy Solutions (EESL), through a rights...

March 26, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Oriana Power Bags ₹1.63 Billion EPC Orders for Solar, Battery Storage Projects

Oriana Power has secured three separate engineering, procurement, and construction (EPC) contracts to set up solar power projects with integrated battery energy storage...

March 25, 2026

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Meghana Prasad

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Energy Storage

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Markets & Policy

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Solar
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US Installs Record 18.9 GW/51 GWh of Energy Storage Capacity in 2025: Report

The U.S. installed a record 18.9 GW/51 GWh of energy storage in 2025, increasing 52% year-over-year (YoY), according to a report by Wood Mackenzie. In the fourth quarter...

March 25, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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CERC Adopts Tariffs for SECI’s 2 GW Solar-Plus-Storage Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs of  ₹2.86 (~$0.0304)/kWh and ₹2.87 (~$0.0305)/kWh discovered by Solar Energy Corporation of...

March 25, 2026

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Arjun Joshi

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Energy Storage

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Markets & Policy

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Solar
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India’s Energy Storage Capacity Rose 26% YoY in 2025, Adding 547 MWh

India added nearly 547 MWh of battery energy storage capacity in 2025, around 26% year-over-year (YoY) increase from over 433 MWh, according to the newly released 2H...

March 25, 2026

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Melvin Mathew

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Energy Storage

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Mercom Research Focus
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Madhya Pradesh C&I Businesses Poised for Rooftop Solar, Open Access Adoption

India’s commercial and industrial (C&I) consumers are accelerating their adoption of renewable energy to manage rising electricity costs, improve energy security,...

March 25, 2026

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Parth Shukla

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C&I

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Energy Storage

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Solar
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ACME Commissions 470 MWh Battery Storage Projects in Rajasthan

Gurgaon-based independent power producer ACME Solar Holdings has cumulatively commissioned 155 MW/470.25 MWh of battery storage projects in Rajasthan. Post the...

March 24, 2026

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Melvin Mathew

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Energy Storage

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Renewable Energy
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NTPC Green Floats EoI to Procure Power from 100 MW Solar/200 MWh Storage Project

NTPC Green Energy (NGEL) has invited expressions of interest (EoI) on behalf of NTPC UP Green Energy (NUGEL) to procure renewable energy from its upcoming 100 MW solar...

March 24, 2026

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Melvin Mathew

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Energy Storage

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Solar

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Tenders & Auctions
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CERC Brings Integrated Energy Storage Systems Under Tariff Framework

The Central Electricity Regulatory Commission (CERC) has brought integrated energy storage systems co-located with coal-, lignite-, or gas-based thermal generating...

March 23, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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ILJIN Electronics to Raise ₹2.96 Billion from Amber Group Through Rights Issue

Greater Noida-headquartered energy storage solutions provider ILJIN Electronics plans to raise ₹2.96 billion (~$31.79 million) from its parent company, Amber Group,...

March 20, 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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SWELECT-FortifyGrid JV to Set Up Solar-Battery Storage Platform in Singapore

Solar module manufacturer SWELECT Energy Systems has announced that its wholly owned subsidiary, SWELECT Energy Systems, Singapore, will enter into a strategic...

March 20, 2026

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Meghana Prasad

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Energy Storage

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Markets & Policy

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Solar

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