battery-storage

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West Bengal Invites Bids for 2 GWh Battery Storage Systems

West Bengal’s Department of Power has invited bids to set up 500 MW/2,000 MWh standalone battery storage systems. The tender has been issued on behalf of the West Bengal...

April 2, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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MENA Weekly Round-Up: Egypt Signs 5.6 GW Renewable and Battery Storage Deals

Egypt signed agreements for renewable energy and battery storage projects totaling 5.62 GW. The deals include wind and solar projects, as well as large-scale battery...

April 1, 2026

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Meghana Prasad

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Market & Policy

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Renewable Energy
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GFCL EV Raises $80 Million to Scale Battery Materials Manufacturing

Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the...

March 30, 2026

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Meghana Prasad

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: Battery Cycling Increasingly Impacts India’s Energy Storage Costs

India’s battery energy storage sector is expanding rapidly, but a less visible challenge is emerging as projects move from planning to operation: the impact of...

March 30, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Daily News Wrap-Up: CERC Extends Eligibility of REC to Captive Projects

The Central Electricity Regulatory Commission (CERC) expanded the scope of the Renewable Energy Certificates (REC) mechanism by allowing more entities, including certain...

March 27, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Battery Cycling is Becoming a Key Cost Factor in India’s Energy Storage Economics

India’s battery energy storage sector is expanding rapidly, but a less visible challenge is emerging as projects move from planning to operation: the impact of...

March 27, 2026

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Arjun Joshi

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Energy Storage

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Mercom Research Focus
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Exide Infuses ₹4.5 Billion into Subsidiary for Battery Manufacturing Expansion

Exide Industries has made an additional investment of ₹4.5 billion (~$47.86 million) in its wholly owned subsidiary, Exide Energy Solutions (EESL), through a rights...

March 26, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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NTPC Green Floats EoI to Procure Power from 100 MW Solar/200 MWh Storage Project

NTPC Green Energy (NGEL) has invited expressions of interest (EoI) on behalf of NTPC UP Green Energy (NUGEL) to procure renewable energy from its upcoming 100 MW solar...

March 24, 2026

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Melvin Mathew

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Energy Storage

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Solar

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Tenders & Auctions
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Canadian Solar Reports 20% Revenue Drop in Q4 Amid Lower Module Shipments

Renewable energy solutions provider Canadian Solar’s revenue for the fourth quarter (Q4) of 2025 declined 20% year-over-year (YoY) to $1.22 billion, from $1.52 billion...

March 24, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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SWELECT-FortifyGrid JV to Set Up Solar-Battery Storage Platform in Singapore

Solar module manufacturer SWELECT Energy Systems has announced that its wholly owned subsidiary, SWELECT Energy Systems, Singapore, will enter into a strategic...

March 20, 2026

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Meghana Prasad

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Energy Storage

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Markets & Policy

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Solar
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Daily News Wrap-Up: Easing Group Captive Power Rules May Boost C&I Participation

The Ministry of Power’s relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual...

March 18, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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High Temperatures Emerge as Key Risk for Battery Storage in India

India’s battery energy storage market is entering a new phase of growth, but developers are increasingly facing a constraint that traditional project models have...

March 18, 2026

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Arjun Joshi

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Energy Storage

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Mercom Research Focus
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MENA Weekly Round-Up: Iraq Speeds Up Solar Push Amid Regional Tensions

Iraq plans to accelerate solar power development as part of an emergency strategy to secure electricity supplies amid escalating tensions in the Middle East. The...

March 17, 2026

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Meghana Prasad

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Other

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Renewable Energy
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Global Long-duration Energy Storage System Installations Cross 15 GWh in 2025

Global installations of long-duration energy storage (LDES) systems surpassed 15 GWh in 2025, marking a 49% increase compared with the previous year, according to Wood...

March 12, 2026

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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: Energy Storage Tariff Drop Raises Project Execution Risks

India’s standalone battery energy storage system tenders and storage-linked renewable energy auctions have seen bid prices fall sharply, intensifying concerns over...

March 10, 2026

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Mercom Staff

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Daily Wrap-up

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