Energy Storage
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...
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...
Matrix Renewables, a renewable energy developer and independent power producer focused on solar and battery energy storage systems, has secured £245 million (~$332...
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,...
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...
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...
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...
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...
The National Committee on Transmission recently deliberated on the feasibility of battery energy storage systems (BESS) as a non-wire alternative to conventional power...
Finland-based TheStorage, a provider of industrial thermal energy storage solutions, has raised €3.6 million (~$4.2 million) in a seed funding round to scale its...
The Saudi Power Procurement Company (SPPC) has launched the qualification process for the second group of four-hour-duration battery energy storage projects, with a...
EIE Renewables, a wholly owned subsidiary of Enviro Infra Engineers, has entered into an agreement to acquire PRA Bihar Bess, a special purpose vehicle of Barbrik...
A staggering 11.5 GW of renewable energy has been curtailed in Rajasthan since January 2026, with March alone accounting for 8.3 GW, prompting developers to seek the...
NLC India has signed a loan agreement with Germany-based bank KfW for €100 million (~$117.32 million) to support its solar and energy storage projects. The loan will...
ILOS Projects, a pan-European independent power producer backed by BNP Paribas Asset Management, has upsized its structured credit facility to €450 million (~$529...
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