Energy Storage

Features

Energy storage: Bridging the 5.5 GW to 61 GW gap
By March 4, 2026March 4, 2026

India’s renewable energy expansion is increasing the need for large-scale energy storage to balance electricity supply and demand. The Central Electricity Authority (CEA) estimates that India will require 60.63 GW of energy storage capacity by 2029-30, compared with about 5.5 GW currently installed. India will need to add roughly 55 GW of new storage capacity within four years to support rising renewable penetration and maintain grid stability. Without sufficient storage, solar and wind generation can…

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Global | News

Xcel Energy-Google deal adds 1,900 MW clean energy and 30 GWh storage
By February 25, 2026February 25, 2026

Xcel Energy has signed an agreement to supply electricity to a new Google data centre in Pine Island, Minnesota, alongside a 1,900 MW expansion of clean energy capacity and deployment of a large long-duration battery system. The Electric Service Agreement will be filed with the Minnesota Public Utilities Commission for approval. Under the agreement, Google will fund all grid infrastructure linked to the project. The arrangement is structured so existing customers do not bear additional…

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India | Finance | News

Exide Industries invests Rs 100 crore more in EESL
By February 25, 2026February 25, 2026

Exide Industries Limited has infused a further Rs 100 crore into its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue subscription. The investment was announced on February 24, 2026, taking the parent company’s total contribution to the lithium-ion battery venture to Rs 4,352.23 crore while retaining a 100 % stake. The capital infusion involves subscription to 2.5 crore equity shares with a face value of Rs 10 each and a premium…

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India | News

Lineage Power wins Rs 1,587 million battery order from Reliance
By February 24, 2026February 24, 2026

Pace Digitek Limited’s material subsidiary, Lineage Power Private Limited, has received a purchase order valued at Rs 1,587.10 million (including GST) from Reliance Industries Limited for the supply of lithium-ion battery packs, according to a stock exchange disclosure made on Monday. The order, bearing PO No. 103/440051481, covers the supply of Li-ion 48V 15S1P 314 AH battery packs. Delivery is scheduled for completion by August 31, 2026. The contract represents a notable addition to Bengaluru-based…

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India | News | Renewable Energy

Waaree subsidiary plans 16 GWh battery gigafactory in Andhra Pradesh
By February 20, 2026February 20, 2026

Waaree Energy Storage Solutions Private Limited, a wholly owned subsidiary of Waaree Energies Limited, is in discussions with the Government of Andhra Pradesh to set up an integrated lithium-ion battery gigafactory with a proposed investment of about Rs 8,175 crore. The facility is proposed at Rambilli in Anakapalli district and is planned with a manufacturing capacity of 16 GWh for advanced chemistry storage cells and Battery Energy Storage Systems (BESS). The proposed facility is structured…

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India | News | Renewable Energy

Powertrac Group invests Rs 600 crore in 1,000 MWh BESS facility
By February 18, 2026February 18, 2026

Gujarat-based Powertrac Group has invested Rs 600 crore to set up a 1,000 MWh per annum containerised Battery Energy Storage System (BESS) manufacturing facility in India. The company joins firms such as Hoymiles and Pace Digitek that have recently entered the containerised BESS segment. Divyarajsinh Zala, Managing Director (MD) of Powertrac Group, announced the development in a social media post. He stated that the company is shifting its focus towards establishing a BESS facility, with…

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Global | News

EVE Energy commissions 400 MWh storage project using 628Ah cells
By February 12, 2026February 12, 2026

EVE Energy Co. has commenced operations at a 400 MWh energy storage facility in Hebei province, China, deploying its 628Ah ultra-large battery cells at grid scale for the first time. The project marks the transition of the technology from pilot testing to commercial application. The facility forms part of the Ruite New Energy Lingshou 200MW/400MWh independent energy storage project. It comprises 80 units of the company’s Mr. Giant 5 MWh direct-current energy storage systems integrating…

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Global | News

HiTHIUM completes open-door fire test of 6.25MWh LDES system
By February 10, 2026February 10, 2026

HiTHIUM has completed what it described as the world’s first open-door, large-scale fire test of a 6.25MWh long-duration energy storage (LDES) system, validating safety performance under extreme conditions. The test was conducted under the supervision of UL Solutions and U.S. Authorities Having Jurisdiction, and was carried out in compliance with the latest UL and National Fire Protection Association (NFPA) safety standards. The test focused on HiTHIUM’s ∞Power 6.25MWh system equipped with ultra-large 1175Ah battery cells….

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India | News | Renewable Energy

Hindustan Zinc, JNCASR develop zinc-ion battery prototypes for grid storage
By February 9, 2026February 9, 2026

Hindustan Zinc Limited, in collaboration with the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), has developed stable zinc-ion battery pouch cell prototypes aimed at large-scale renewable energy storage. The development marks progress in India’s indigenous research on alternative energy storage technologies. The collaboration focuses on addressing key technical challenges in zinc-ion batteries, including optimisation of electrode and electrolyte materials to improve cycle life and energy density. According to the partners, newly developed low-cost electrolyte…

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India | News | Renewable Energy

SECI awards 899 MW firm renewable power in FDRE auction
By February 6, 2026February 6, 2026

Solar Energy Corporation of India Limited (SECI) has concluded an auction for firm, dispatchable renewable energy (FDRE) projects, with leading developers securing capacity to supply clean power during peak demand periods. The auction is part of SECI’s efforts to scale reliable renewable energy backed by storage. Serentica Renewables and ACME Solar emerged as the largest winners, each securing 600 MW at a tariff of Rs 6.28 per kWh. AMPIN Energy Transition was awarded 199 MW…

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