battery

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India Must Step Up R&D Funding and Policy Push for Battery Storage: Interview

India added over 28 GW of renewable energy capacity in 2024, bringing the total to around 210 GW. However, to reach its 2030 target of 500 GW of non-fossil fuel energy...

May 19, 2025

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B.S. Nagaraj

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Energy Storage

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Renewable Energy
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China Overtakes Canada to Regain Top Spot Among Li-ion Supply Chain Countries

China has overtaken Canada to return as the leading Lithium-Ion (Li-ion) supply-chain country in 2024, according to BloombergNEF’s (BNEF) fifth edition of the Global...

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Project Finance Brief: ACCIONA Energía Secures $288 Million for Solar Project

From: Mercom Capital Group ACCIONA Energía, a renewable energy company, secured an AUD$453 million (~$287.85 million) syndicated loan facility to construct its 480 MWp...

March 26, 2025

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Staff

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Finance and M&A

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Other
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Western Australia Awards 654 MW/2,595 MWh Battery Storage Projects

Western Australia has awarded four battery energy storage projects with a total capacity of 654 MW/2,595 MWh under the Capacity Investment Scheme (CIS). The projects are...

March 24, 2025

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Tina Freese

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Energy Storage

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Tenders & Auctions
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NTPC Green Issues EoI for 5 MW Solar Project with 12 MWh Battery Storage

NTPC Green Energy has invited expressions of interest (EoI) to develop a 5 MW solar project and a 4 MW/12 MWh battery energy storage system in Great Nicobar Island. This...

March 12, 2025

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Arjun Joshi

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Solar

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Tenders & Auctions
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Global Annual Battery Demand Crossed the 1 TWh Mark in 2024: IEA

In 2024, electric car sales worldwide surged by 25%, reaching 17 million units, pushing annual battery demand beyond the 1 TWh mark for the first time, according to the...

March 10, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: CERC Issues Draft Amendments to GNA Regulations

The Central Electricity Regulatory Commission issued the draft (Connectivity and General Network Access to the Inter-State Transmission System) (Fourth Amendment)...

March 6, 2025

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Mercom Staff

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Daily Wrap-up
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EV Company Vidyut Raises $2.5 Million From Flourish Ventures

Vidyut, an electric vehicle (EV) ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired...

March 3, 2025

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Tina Freese

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Renewable Energy
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Power Electronics Startup Dynolt Technologies Raises $1.7 Million

Bengaluru-based deep-tech power electronics startup Dynolt Technologies has secured $1.7 million (~₹147.7 million) in a seed funding round led by Transition VC. Angel...

February 18, 2025

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Staff

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Finance and M&A

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Other
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Karnataka’s Clean Mobility Policy 2025-30 Targets ₹500 Billion Investment

The Government of Karnataka has introduced its Clean Mobility Policy 2025-30, targeting ₹500 billion (~$5.755 billion) investments across the clean mobility value chain...

February 18, 2025

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Staff

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Electric Vehicles

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Market & Policy
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Increase in Battery Sales Drives Amara Raja’s Profits Up by 11%

Battery manufacturer Amara Raja Energy & Mobility recorded a profit after tax of ₹2.98 billion (~$34.3 million) during the third quarter (Q3) of the financial year...

February 13, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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EV Battery Firm The Energy Company Raises $2 Million in Pre-Series A Funding

Bengaluru-based electric vehicle (EV) battery solutions provider, The Energy Company has secured $2 million (~₹173.8 million) in a pre-Series A funding round. Siana...

February 12, 2025

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Energy Storage Firm Cancrie Raises $1.2 Million in Maiden Funding Round

Cancrie, a Jaipur-based energy storage company, has raised $1.2 million (₹103.62 million) in a maiden institutional seed round from Roots Ventures and IIMA Ventures. The...

January 28, 2025

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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Telangana Invites Bids for 250 MW/500 MWh Standalone BESS

Telangana Power Generation Corporation (TGGENCO) has invited bids to set up a pilot project of 250 MW/500 MWh standalone battery energy storage systems (BESS) in...

January 24, 2025

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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NHPC Invites Bids for 125 MW/500 MWh Standalone BESS

NHPC has issued a tender to develop 125 MW/500 MWh standalone battery energy storage systems (BESS) connected to the intrastate transmission system in Kerala (Tranche I)....

January 21, 2025

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Arjun Joshi

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Energy Storage

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Tenders & Auctions

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