battery

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Global Lithium-Ion Battery Market Surpassed $150 Billion in 2025: IEA

The global lithium-ion battery market exceeded $150 billion in 2025, up 20% from 2024, according to an International Energy Agency (IEA) report. The report noted that...

February 20, 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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BIS Mandates Rated Capacity Verification Guidelines for Lithium Batteries

The Bureau of Indian Standards (BIS) has issued guidelines to verify the rated capacity of portable sealed secondary lithium cells and batteries. All such cells and...

February 18, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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Project Finance Brief: Greenbacker Closes $440 Million Tax Equity Financing

From: Mercom Capital Group Greenbacker, an independent power producer and energy transition-focused investment manager, secured $440 million in tax equity financing from...

February 18, 2026

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Staff

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Energy Storage

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Solar
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Coal India Steps Up Solar Spending, Exceeds Target for FY 2026

Coal India has stepped up its renewable energy investments, incurring a capital expenditure (CAPEX) of ₹9.61 billion (~$106.11 million) on solar projects in the ongoing...

February 16, 2026

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B.S. Nagaraj

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Finance and M&A

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Solar
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Project Finance Brief: Aypa Power Secures $1.5 Billion for Energy Storage Projects

From: Mercom Capital Group Aypa Power, a Blackstone portfolio company and utility-scale energy storage and hybrid renewable energy projects developer, closed a $1.5...

February 11, 2026

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Staff

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Finance and M&A

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Other
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VPP Software Provider Lunar Energy Raises $232 Million

Integrated home battery systems and virtual power plant (VPP) software provider, Lunar Energy, has raised $102 million in a Series D funding round led by B Capital and...

February 5, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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Project Finance Brief: Voltwise Power Closes $211 Million in Acquisition Financing

From: Mercom Capital Group Voltwise Power, a utility-scale battery storage project developer, closed the syndication of a £153.9 million (~$211 million) acquisition...

February 4, 2026

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Staff

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Finance and M&A

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Other
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Juniper Green Commissions 100 MWh Merchant BESS

Independent power producer Juniper Green Energy has fully commissioned a merchant battery energy storage system (BESS) with a total capacity of 100 MWh at Bikaner in...

January 28, 2026

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Meghana Prasad

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Energy Storage

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Large Scale
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Himadri Steps Up Investment in Australian Battery Firm Sicona

Mumbai-based Himadri Speciality Chemical has announced an additional capital injection of AU$10.49 million (~$7.01 million) in Australia-based Sicona Battery...

January 15, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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MENA Weekly Roundup: Saudi Arabia Reveals 5.3 GW Renewable Project Bidders

Saudi Arabia announced the list of qualified bidders for the seventh round of renewable energy projects under its National Renewable Energy Program, totaling 5.3 GW of...

January 12, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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China to Scrap Export VAT Rebates for Solar Products from April 1, 2026

China will cancel value-added tax (VAT) export rebates for photovoltaic (PV) and other related products from April 1, 2026, the Ministry of Finance and the State...

January 12, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Government Proposes Aadhaar Style ID to Enable End-to-End Battery Traceability

The Ministry of Road Transport and Highways (MoRTH) has released draft guidelines for implementing the battery pack Aadhaar system, a nationwide digital identification...

January 6, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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Pace Digitek’s Subsidiary Secures ₹943 Million BESS Order from BSNL

Lineage Power, a material subsidiary of Pace Digitek, has received a purchase order valued at ₹943.51 million (~$10.46 million) to supply battery modules, racks, and...

January 6, 2026

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Parth Shukla

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Energy Storage

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Other
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Daily News Wrap-Up: Grid India Moots Grid-Forming Capability for 50 MW+ BESS

A Grid Controller of India (Grid-India) discussion paper proposed that all new battery energy storage system (BESS) installations of 50 MW and above should incorporate...

January 5, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Sodium-Ion Batteries Show Faster Charging Than Lithium-Ion in New Study

Sodium-ion batteries could charge faster than lithium-ion batteries, according to an experimental study led by the Department of Applied Chemistry at Tokyo University of...

January 2, 2026

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Meghana Prasad

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Energy Storage

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Technology

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