India | News

Reliance Group plans Rs 180 billion fundraise for energy expansion

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Reliance Group has secured board approvals from Reliance Infrastructure and Reliance Power to raise Rs 180 billion through a mix of equity and debt to support its expansion into the power and renewable energy sectors. According to the company’s release, the fundraising will enable the group to execute its next phase of growth, which includes a strategic focus on clean energy, conventional power, and defence manufacturing. Reliance Power currently operates a portfolio of about 5.3…

India | News

Prostarm to set up 1.2 GWh BESS manufacturing unit in Haryana

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Prostarm Info Systems has announced the establishment of a 1.2 GWh battery energy storage system (BESS) manufacturing facility in Reliance MET City, Jhajjar, Haryana. The plant is expected to be commissioned by the end of FY26. The facility will serve commercial, industrial, and utility-scale storage markets. The company has secured a nine-year lease for the site and committed Rs 250 million in capital expenditure. This investment covers plant and machinery, infrastructure, and power system upgrades….

India | News

India opens 5 GWh BESS plant in Bengaluru

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Union Minister for New and Renewable Energy, Shri Pralhad Joshi, inaugurated a 5 GWh Battery Energy Storage Systems (BESS) manufacturing facility in Bidadi Industrial Area, Bengaluru. The fully automated plant, developed by PACE Digitek, is among the largest in the country. The plant’s automated cell-to-pack assembly line is designed for precision and high efficiency, with minimal human intervention. India’s storage requirement is projected to reach 411.4 GWh by 2032, including 236.22 GWh from BESS. The…

India | News

Andhra Pradesh lays foundation for 2,800 MWp hybrid project with BESS

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The Government of Andhra Pradesh laid the foundation stone on May 16, 2025, for a 2,800 MWp wind-solar hybrid power project integrated with a 2,000 MWh Battery Energy Storage System (BESS) in Anantapur district. The project is being developed by ReNew Power Ventures Private Limited. The hybrid project will be executed in two phases: Phase I includes 587 MWp of solar, 250 MW of wind, and a 415 MWh BESS system. Phase II will add…

India | News

Tata Power and ONGC sign MoU to explore BESS

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Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has signed a non-binding Memorandum of Understanding (MoU) with Oil and Natural Gas Corporation Limited (ONGC) to explore joint opportunities in the Battery Energy Storage System (BESS) sector.  The MoU was signed at India Energy Week 2025 in the presence of Union Minister of Petroleum and Natural Gas Hardeep Singh Puri and senior executives from both companies. The collaboration will focus on…

India | News

Reliance to invest Rs 100bn in Asia’s largest solar project

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Reliance NU Suntech, a subsidiary of Reliance Power, plans to invest Rs 100 billion ($1.16 billion) in a solar power plant with a battery energy storage system (BESS) in Kurnool, Andhra Pradesh.  The project, set to be Asia’s largest solar and BESS initiative, will include a 930 MW solar energy facility and a 465 MW/1,860 megawatt-hours BESS, ensuring peak power supply for four hours daily. The project is part of a larger 2,000 MW bid…

Global | News

Statera Energy acquires 680 MW BESS project in UK

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Statera Energy has acquired a 680 MW battery energy storage system (BESS) project at Trafford Low Carbon Energy Park in Greater Manchester, known as Carrington Storage.  The project is expected to be fully energised by 2026 and will be more than twice the size of Statera’s upcoming 300 MW Thurrock Storage project. Carrington Storage will represent nearly a quarter of the UK’s operational BESS fleet capacity and is designed to integrate with long-duration energy storage…

India | News

India’s energy storage capacity to rise 12-fold: SBICAPS report

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India’s energy storage capacity is projected to increase 12-fold to 60 GW by FY 2032, as outlined in a new SBICAPS report. This expansion is anticipated to outpace the growth in renewable energy (RE) sources, as RE tenders increasingly include storage, rising from 5% of projects in FY 2020 to 23% by FY 2024. Battery energy storage systems (BESS) are expected to make up the majority of this growth, with projected expansion to 42 GW…

India | News

IndiGrid, Kintech and H.G. Infra win NVVN’s BESS auction

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IndiGrid, Kintech Synergy, and H.G. Infra Engineering have emerged as winners in NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) support.  NVVN, a subsidiary of NTPC, allocated 250 MW to IndiGrid 2 at a tariff of Rs 236,999 per MW per month. Kintech Synergy received 65 MW at Rs 237,490/MW/month, and H.G. Infra was awarded 185 MW at Rs 238,000/MW/month. According…