energy-storage

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NTPC Invites Bids for 1 GWh Compressed Air Long-duration Energy Storage Projects

NTPC has invited expressions of interest (EoI) to develop a pilot or utility-scale project for a compressed air-based, including liquified air-based, long-duration...

January 23, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Funding and M&A Roundup: Terralayr Secures $223 Million in Equity Round

From: Mercom Capital Group Terralayr, a developer, owner, and operator of battery energy storage assets, raised €192 million (~$223 million) in an equity round,...

January 21, 2026

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Staff

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Finance and M&A

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Other
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Ddev Plastiks Ventures into BESS Manufacturing with 5 GWh Initial Capacity

Kolkata-based Ddev Plastiks, a manufacturer of specialty compounds, has announced a foray into battery energy storage system (BESS) manufacturing with initial plans to...

January 16, 2026

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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CERC Clears NHPC’s Solar+Storage Tariff for 1.2 GW Projects, Trims Greenshoe

The Central Electricity Regulatory Commission (CERC) has adopted tariffs ranging from ₹3.09 (~$0.0342)/kWh to ₹3.10 (~$0.0343)/kWh, as determined through NHPC’s auction,...

January 15, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: Has Aggressive Bidding Hit Standalone BESS Viability?

Only 50% of the standalone battery energy storage system (BESS) projects evaluated in a new industry survey showed positive project economics and economic viability...

January 14, 2026

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: Aspen Power Secures $200 Million

From: Mercom Capital Group Aspen Power, a distributed energy generation platform, announced the closing of a $200 million capital raise provided by Deutsche Bank. Aspen...

January 14, 2026

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Staff

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Solar
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Uttar Pradesh Commission Approves Procurement of 1.2 GW of Renewable Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the procurement of 1.2 GW of firm and dispatchable renewable power by Uttar Pradesh Power...

January 13, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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Rajasthan Regulator Adopts Tariff for RVUNL’s 1 GW/2 GWh BESS Projects

The Rajasthan Electricity Regulatory Commission (RERC) has approved the tariff discovered through competitive bidding for setting up 1,000 MW/2,000 MWh of standalone...

January 13, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy

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Other
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Is Aggressive Bidding Distorting the Economics of Energy Storage Projects in India?

Only 50% of the standalone battery energy storage system (BESS) projects evaluated in a new industry survey showed positive project economics and economic viability...

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Funding and M&A Roundup: Okovate Acquires Assets of Fundusol

From: Mercom Capital Group Okovate Sustainable Energy, an agrivoltaic project developer, has announced the acquisition of assets from Fundusol, a modeling platform born...

January 7, 2026

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Staff

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Finance and M&A

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Other
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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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Waaree Energy Secures ₹10 Billion for 20 GWh Cell and Battery Pack Plant

Waaree Energy Storage Solutions, a subsidiary of Waaree Energies, has secured ₹10.03 billion (~$111.16 million) in funding from a group of strategic investors, including...

January 6, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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Funding and M&A Roundup: Stardust Power Secures $15 Million

From: Mercom Capital Group Stardust Power, a U.S.-based developer of battery-grade lithium carbonate, has signed a securities purchase agreement with a single...

December 31, 2025

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Staff

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Finance and M&A

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Other
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Telangana Invites Bids to Procure 2 GW Pumped Hydro Storage Capacity

The Telangana Power Generation Corporation (TGGENCO) has floated a tender to procure 2,000 MW of energy storage capacity from pumped hydro storage projects under a...

December 26, 2025

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Meghana Prasad

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: Key Events that Impacted India’s Solar Sector in 2025

India added 26.6 GW of solar capacity in the first nine months of the calendar year 2025, an increase of 53.7% year-over-year from 17.3 GW, according to the Q3 2025...

December 24, 2025

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Mercom Staff

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Daily Wrap-up

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Other

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