Energy Storage

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Lakshadweep Invites EoI for 2 MW Rooftop Solar with 5.5 MWh Battery Project

The Lakshadweep Electricity Department has invited expressions of interest for rate contracts and to empanel vendors for setting up a 2,107 kW rooftop solar project with...

May 6, 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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Solar Plus Storage Push Reshapes C&I Renewable Energy Strategy

India’s commercial and industrial (C&I) energy procurement landscape has changed significantly. Rooftop solar, once seen as the ultimate solution, is now being...

May 6, 2026

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Meghana Prasad

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C&I

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Energy Storage

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Solar
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UPPCL Announces Winners of 1.5 GWh Battery Storage Auction

The Uttar Pradesh Power Corporation (UPPCL) has announced the winners of the 375 MW/1,500 MWh standalone battery energy storage auction. KCC Buildcon won 187.5 MW/750...

May 6, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Battery Manufacturer CATL Raises $5 Billion from Share Placement

Contemporary Amperex Technology (CATL), a China-based battery manufacturing and technology company, announced the completion of a share placement of 62,385,000 new H...

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Flow Battery Company CMBlu Closes $59 Million in Series C Funding

CMBlu Energy, an organic solid flow battery technology developer, announced the completion of a €50 million (~$58.5 million) initial close of its Series C funding round,...

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Rajasthan Issues Guidelines for Battery Storage Integration with Renewables

The Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) has issued a standard operating procedure (SOP) for the first time charging of battery energy storage systems (BESS)...

May 4, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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Maharashtra Approves ₹123 Billion Clean Energy and Storage Program

The Maharashtra state cabinet has approved a five-year ₹123.03 billion (~$1.48 billion) program to accelerate the deployment of renewable energy and storage. The...

April 30, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy

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Solar
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Storage Becomes Critical to Solar Economics After Maharashtra Banking Changes

Maharashtra’s revised renewable energy and multi-year tariff framework ties solar consumption directly to the time of generation. The order defines solar hours as 09:00...

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Matrix Renewables Secures $332 Million Non-Recourse Project Financing

Matrix Renewables, a renewable energy developer and independent power producer focused on solar and battery energy storage systems, has secured £245 million (~$332...

April 29, 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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Hybrid Systems, Storage Drive Next Phase of India’s Solar Growth

India’s solar industry is entering a new phase of growth, marked by a rapid shift toward hybrid energy systems, battery storage, and high-efficiency module technologies,...

April 29, 2026

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Rakesh Ranjan

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C&I

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Renewable Energy
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Battery Smart Raises $15 Million from Mirova to Expand EV Charging Network

Gurugram-based Battery Smart, a battery-swapping network for electric two- and three-wheelers operated by Upgrid Solutions, has secured $15 million in debt funding from...

April 29, 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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Odisha Approves GRIDCO’s 500 MWh Battery Storage Capacity Procurement

The Odisha Electricity Regulatory Commission (OERC) has approved discovered tariffs in the range of ₹304,000 (~$3,226)/MW/month and ₹354,000 (~$3,757)/MW/month for...

April 28, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Reduced Cooling Needs Drive Global Energy Demand Growth Down to 1.3% in 2025

Global energy demand grew by 1.3%, or 8 exajoules (EJ), in 2025, down from a 2% increase in 2024, according to a report by the International Energy Agency (IEA). This...

April 28, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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Batteries Emerging as Multifunctional Assets in India’s Power System

Evolving tariff structures and advances in battery technology are bringing energy storage to the center stage. Industry experts note that batteries are no longer limited...

April 28, 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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Energy Storage-Led Approach Gains Ground in Transmission Planning

The National Committee on Transmission recently deliberated on the feasibility of battery energy storage systems (BESS) as a non-wire alternative to conventional power...

April 27, 2026

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B.S. Nagaraj

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Energy Storage

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Market & Policy

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