Energy Storage

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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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European Energy Secures $78 Million for UK Solar and Battery Project

European Energy,  a renewable energy project developer, has secured £58.1 million (~$78.5 million) in construction financing for its Indian Queens hybrid renewable...

August 11, 2026

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Arjun Pradeep

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Energy Storage

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Finance and M&A

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Solar
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CIP Secures $510 Million for Solar Plus Storage Project in Mexico

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has reached financial close for the La Esperanza Solar project in Mexico. Located in...

August 11, 2026

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Arjun Pradeep

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Energy Storage

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Finance and M&A

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Solar
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Energy Storage-Backed Renewable Tenders Dominate Procurement in 1H 2026

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,...

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Amara Raja Energy to Invest ₹5.5 Billion in Subsidiaries

Battery manufacturer Amara Raja Energy & Mobility has approved additional investments totaling ₹5.5 billion (~$57.64 million) in two of its wholly owned subsidiaries...

August 11, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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Verdant Energy and Aura Power Merge to Form Solar, Storage IPP in the UK

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)...

August 11, 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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Solar
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Energy Storage Firms Secure $8.9 Billion in Corporate Funding in 1H 2026

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...

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Gujarat Regulator Approves ₹4.87/kWh Tariff for 250 MW FDRE Procurement

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...

August 7, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Higher Storage System Deliveries Drive Eos Energy’s Revenue Up 351% in Q2

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)...

August 7, 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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Fluence Energy’s Q3 Revenue Weaker than Expected Due to Production Delays

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)...

August 7, 2026

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Rakesh Ranjan

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Energy Storage

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Finance and M&A
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India Can Build a Domestic Long-Duration Energy Storage Industry: Interview

Lithium-ion batteries dominate India’s energy storage market today, but researchers and industry are also exploring alternative technologies for long-duration...

August 6, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy

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