bess

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Saatvik’s Q4 Revenue Soars on Product Diversification, Backward Integration

Haryana-based solar module manufacturer Saatvik Green Energy reported a revenue of ₹16.07 billion (~$167 million) in the fourth quarter (Q4) of the financial year (FY)...

May 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Godawari to Invest ₹2 Billion for Battery Energy Storage System Manufacturing

Godawari Power & Ispat’s (GPIL) board of directors announced plans to invest an additional ₹2 billion (~$20.77 million) in its wholly owned subsidiary, Godawari New...

May 21, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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GERC Approves Tariffs for 335 MW/670 MWh Energy Storage Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs ranging from ₹210,000 (~$2,179.66)/MW/month to ₹212,000 (~$2,200.42)/MW/month for Gujarat Urja...

May 18, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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NLC India Announces Winner of 250 MW/500 MWh EPC Battery Storage Auction

NLC India has announced the winner of its auction to set up a 250 MW/500 MWh battery energy storage system (BESS) at the Tamil Nadu Transmission Corporation’s...

May 18, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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GRID India Suggests Stability Safeguards for Battery Storage Projects

The Grid Controller of India (GRID India) has suggested to the Central Transmission Utility (CTUIL) that all new battery energy storage systems (BESS) above 50 MW be...

May 13, 2026

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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Damodar Valley Corporation Names Winner of 500 MWh Energy Storage Auction

Damodar Valley Corporation (DVC) has announced the winner of the auction to set up a 250 MW/500 MWh battery energy storage system (BESS) project in Maithon, Jharkhand....

May 8, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Rajasthan Issues Guidelines for Battery Storage Integration with Renewables

The Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) has issued a standard operating procedure (SOP) for the first time charging of battery energy storage systems (BESS)...

May 4, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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Weather, Financing Challenges Weigh on Enphase’s Weak Start to 2026

Microinverter and battery storage supplier Enphase Energy reported revenue of $282.9 million in the first quarter (Q1) of 2026, decreasing 20.6% year-over-year (YoY)...

May 4, 2026

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Parth Shukla

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Finance and M&A

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Inverters & BOS
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Batteries Emerging as Multifunctional Assets in India’s Power System

Evolving tariff structures and advances in battery technology are bringing energy storage to the center stage. Industry experts note that batteries are no longer limited...

April 28, 2026

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Parth Shukla

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C&I

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Energy Storage

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Solar
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Energy Storage-Led Approach Gains Ground in Transmission Planning

The National Committee on Transmission recently deliberated on the feasibility of battery energy storage systems (BESS) as a non-wire alternative to conventional power...

April 27, 2026

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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Saudi Arabia Issues Qualification Process for 12 GWh Energy Storage Projects

The Saudi Power Procurement Company (SPPC) has launched the qualification process for the second group of four-hour-duration battery energy storage projects, with a...

April 24, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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NLC India Secures $117 Million Loan from KfW for Solar, Storage Projects

NLC India has signed a loan agreement with Germany-based bank KfW for €100 million (~$117.32 million) to support its solar and energy storage projects. The loan will...

April 23, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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Lydian Energy Acquires 1.5 GW Solar and Storage Portfolio

U.S.-based independent power producer Lydian Energy has acquired the 1.5 GW Atlas North portfolio, comprising solar plus battery energy storage systems (BESS), in North...

April 22, 2026

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Renu

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Finance and M&A

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Solar
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CEA Proposes New Technical Standards for Solar, Wind and Storage Projects

The Central Electricity Authority (CEA) has issued draft amendments to the Technical Standards for Construction of Electrical Projects and Electric Lines Regulations,...

April 14, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy

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Solar
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Quality Power’s Subsidiary Secures ₹1.52 Billion Battery Storage System Order

Maharashtra-headquartered energy transition equipment and power technology company Quality Power’s Türkiye-based material step-down subsidiary, ENDOKS ENERJİ ANONİM...

April 6, 2026

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Parth Shukla

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Energy Storage

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Press Releases

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