Public sector banks (PSBs) approved more than 579,000 loan applications worth ₹109.07 billion (~$1.23 billion) under the PM Surya Ghar: Muft Bijli Yojana, as of...

V.O. Chidambaranar Port Authority has invited bids to commission a 2 MWh battery energy storage system (BESS) in Thoothukudi, Tamil Nadu. Selected bidders must...

Solar module manufacturer Waaree Energies has approved an additional capital expenditure of ₹80 billion (~$901.47 million) in its wholly owned subsidiary Waaree Energy...

Italy’s transmission system operator Terna has awarded 10 GWh of energy storage capacity in the first auction held under the Electricity Storage Procurement Mechanism...

The Tamil Nadu Electricity Regulatory Commission issued a comprehensive framework for renewable energy transactions through the Tamil Nadu Electricity Regulatory...

The cost of four-hour lithium-ion (Li-ion) battery systems could decline from $334/kWh in 2024 to as low as $108/kWh or remain as high as $307/kWh by 2050, according to...

Distributed and utility-scale renewable energy markets are reshaping product strategies and investment decisions in India, with technology choices and policy stability...

Power converter manufacturer Statcon Energiaa has secured an investment from Rotomag Enertec, providing the latter with a 50.99% stake in the company. The two companies...

The Maharashtra State Electricity Distribution Company (MSEDCL) has issued a tender to procure 2,000 MW/4,000 MWh of battery energy storage systems (BESS) under the...

U.S.-based microinverter and battery storage supplier Enphase Energy reported a revenue of $363.2 million in the second quarter (Q2) of the financial year (FY) 2025, up...

India installed over 341 MWh of battery energy storage systems (BESS) in 2024, marking an over sixfold increase from the 51 MWh installed in 2023, according to Mercom...

India installed over 341 MWh of battery energy storage systems (BESS) in 2024, marking an over sixfold increase from the 51 MWh installed in 2023, according to Mercom...

Patel Infrastructure and Enerica Infra 3 (EnerGrid) won SJVN’s auction to develop 375 MW/1,500 MWh standalone battery energy storage system (BESS) in Uttar Pradesh under...

Nearly $1.2 trillion must be invested globally in battery energy storage systems (BESS) to support the installation of over 5,900 GW of new wind and solar capacity...

As India’s power grid becomes increasingly complex due to rising renewable energy penetration, the need for a stable grid has never been more pressing. With the...