bess

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Strong Development and Construction Cut Scatec’s Loss by 72% in Q4 2026

Norway-based renewable energy solutions provider Scatec reported a revenue of NOK1.03 billion (~$106.3 million) in the fourth quarter (Q4) of 2025, declining 10.8%...

February 5, 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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Uttarakhand Invites Bids for 30 MW/75 MWh BESS at Dhakrani Hydel Project

UJVN, a Government of Uttarakhand undertaking, has invited bids for setting up a 30 MW/75 MWh standalone battery energy storage system (BESS) at the Dhakrani Hydro...

February 5, 2026

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Meghana Prasad

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Energy Storage

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Tenders & Auctions
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Month in a Minute: Top Headlines from the Indian Renewable Sector in January 2026

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing...

February 4, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Ola Electric Begins Deliveries of Residential Battery Energy Storage Systems

Ola Electric has begun deliveries of its Ola Shakti home battery energy storage system (BESS) powered by 4680 Bharat cells, marking the company’s entry into the...

February 4, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Aggressive Bidding Puts India’s Energy Storage Push at Crossroads

Aggressive bidding is rapidly becoming the defining feature of India’s energy storage tender landscape, raising concerns among stakeholders. As competition intensifies...

February 4, 2026

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Rakesh Ranjan

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Energy Storage

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Mercom Research Focus
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Daily News Wrap-Up: Solar Drives Renewables Past Thermal in India’s Power Mix

Solar power accounted for 26.5% of India’s total installed power capacity and 52.7% of the total installed renewable energy capacity as of December 2025. Solar...

February 3, 2026

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Meghana Prasad

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Daily Wrap-up

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Other
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MENA Weekly Roundup: Nextpower Arabia to Supply 2.25 GWp Trackers to L&T

Nextpower Arabia, the newly formed joint venture between Nextpower and Abunayyan Holding, announced it will supply 2.25 GWp of advanced solar tracking systems to Larsen...

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Shreyas Sortex Industries Wins NVVN’s 250 MW/500 MWh BESS Auction

Shreyas Sortex  Industries has won NTPC Vidyut Vyapar Nigam’s (NVVN) auction to set up a 250 MW/500 MWh standalone battery energy storage system (BESS) in Kerala. The...

February 2, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: Solar, EVs and Manufacturing Receive Boost in Budget 2026

The Union Budget 2026–27 placed clean energy and manufacturing at the center of India’s growth strategy, unveiling targeted outlays, customs duty rationalization, and...

February 2, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Luminous Enters Li-ion Battery Manufacturing with 500 MWh Assembly Line

Gurgaon-based energy solutions provider Luminous Power Technologies has inaugurated its first lithium-ion (Li-ion) battery assembly line at Baddi in Himachal Pradesh....

January 30, 2026

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Rakesh Ranjan

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Energy Storage

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Manufacturing
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Underbidding in Battery Energy Storage Auctions Raises Questions Over Project Viability

In recent standalone battery energy storage system (BESS) auctions, several companies have won projects at tariffs below the levelized cost of storage (LCOS), signaling...

January 30, 2026

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Melvin Mathew

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Energy Storage

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Mercom Research Focus
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Madhya Pradesh Invites Bids for 1.5 GWh Standalone BESS Projects

Madhya Pradesh Power Management Company (MPPMCL) has invited bids to set up 750 MW/1.5 GWh (two units of 250 MW/500 MWh and two units of 125 MW/250 MWh) of standalone...

January 28, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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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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POWERGRID Invites Bids to Set Up 125 MW/500 MWh BESS in Chhattisgarh

Power Grid Corporation of India (POWERGRID) has invited bids to set up a 125 MW/500 MWh state transmission unit-connected standalone battery energy storage system (BESS)...

January 28, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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POWERGRID Invites Bids to Set Up 500 MWh BESS in Tamil Nadu

Power Grid Corporation of India (POWERGRID) has issued tenders to set up 25 MW/100 MWh and 100 MW/400 MWh battery energy storage system (BESS) projects across Tamil Nadu....

January 27, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions

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