Market & Policy
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...
Lithium-ion batteries dominate India’s energy storage market today, but researchers and industry are also exploring alternative technologies for long-duration...
The Uttarakhand Electricity Regulatory Commission (UERC) has rejected Uttarakhand Jal Vidyut Nigam’s (UJVN) petition seeking restoration of the earlier benchmark...
The Uttarakhand Electricity Regulatory Commission (UERC) rejected Uttarakhand Power Corporation’s (UPCL) petition seeking approval to apply an earlier benchmark capacity...
The lithium carbonate market has remained highly volatile this year amid expectations of stronger global supply of the key battery material. Lithium carbonate futures in...
As renewable energy penetration rises, battery storage is becoming critical for addressing the intermittency of solar and wind, managing curtailment, and supplying firm...
Global markets for air conditioners have expanded rapidly in recent years. Annual AC unit shipments are now 25% higher than they were five years ago, driven largely by...
China added 189 GWh of battery energy storage systems in 2025, surpassing the rest of the world combined, according to a report by Ember. The country accounted for more...
The Bihar Electricity Regulatory Commission (BERC) has approved the proposed energy accounting mechanism and revised power purchase agreement (PPA) for a 275 MW rooftop...
Further growth in solar generation without adequate expansion in energy storage will add to grid stress, a working paper released by the Economic Advisory Council to the...
The Ministry of Finance has issued a notification amending the customs duty exemption applicable to machinery used in lithium-ion cell manufacturing by replacing the...
The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved the tripartite battery energy storage purchase agreements signed between state distribution...
India’s battery energy storage market will require stronger market design, phased domestic manufacturing, better monetization mechanisms, and continued policy...
Battery energy storage deployment in India might be expanding at scale, but the market still needs better project structuring, realistic tariffs, supply chain...
India’s renewable energy sector is rapidly moving beyond standalone solar and wind projects toward hybrid, storage-backed, and round-the-clock power solutions, as the...
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