Energy Storage

India | Finance | News

Exide invests Rs 50 crore more in lithium ion arm EESL
By January 29, 2026January 29, 2026

Exide Industries Limited has infused an additional Rs 50 crore into its wholly owned subsidiary, Exide Energy Solutions Limited (EESL). The investment, completed on January 28, 2026, takes Exide’s total exposure in the lithium ion battery business to Rs. 4,252.23 crore. The company invested in a rights issue, subscribing to 1.25 million equity shares at a premium of Rs 30 per share. Following the allotment, Exide Industries Limited continues to hold 100% ownership in Exide…

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India | News | Renewable Energy

Hindalco commissions battery foil unit, expands aluminium capacity in Odisha
By January 29, 2026January 29, 2026

Hindalco Industries Ltd has commissioned India’s first battery grade aluminium foil manufacturing facility in Odisha and announced a major expansion of its aluminium smelting capacity in the state. The projects involve a combined investment of around Rs 21,000 crore and strengthen domestic supply chains for energy storage, electric mobility and power intensive manufacturing. The company has expanded the Aditya Aluminium smelter at Sambalpur by 3.6 lakh tonnes per annum. A part of the smelter’s electricity…

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India | News | Renewable Energy

Juniper Green commissions 100 MWh merchant BESS in Rajasthan
By January 28, 2026January 28, 2026

Juniper Green Energy Limited has commissioned India’s first merchant Battery Energy Storage System (BESS) project, with a capacity of 100 MWh, in Bikaner, Rajasthan. The project marks the company’s entry into merchant energy storage operations. The BESS has been developed through Juniper Green Cosmic Private Limited, a subsidiary of Juniper Green Energy Limited. The project has completed trial operations and received approval from the Northern Regional Load Despatch Centre (NRLDC) for commercial operations. It is…

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India | News | Renewable Energy

SECI and PTC India sign MoU for renewables and storage projects
By January 21, 2026January 21, 2026

Solar Energy Corporation of India (SECI) and PTC India Limited have entered into a strategic partnership to jointly develop renewable energy and energy storage projects. The two entities exchanged a Memorandum of Understanding (MoU) on 19 January 2026. The MoU sets out a framework for collaboration across renewable energy integration, power market operations, battery energy storage systems (BESS), and structured power products. A key focus of the partnership is the joint development of large scale…

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India | News | Renewable Energy

Nash Energy commissions 2 GWh automated battery pack line near Bengaluru
By January 19, 2026January 19, 2026

Nash Energy has commissioned a fully automated battery pack manufacturing line with an initial capacity of 2 GWh at its facility near Bengaluru. This marks the first phase of the company’s plan to build 10 GWh of battery pack manufacturing capacity over the next five years. The new prismatic battery pack line at Dobbaspet, Bengaluru, supports multiple form factors and can produce packs ranging from 100 ampere hours (Ah) to 314 Ah. The automated line…

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India | News | Renewable Energy

KPI Green wins BoS orders for 534 MW Khavda solar cluster
By January 19, 2026January 19, 2026

KPI Green Energy Limited has secured orders for the Balance of System (BoS) package for a 534 MW solar power cluster at Khavda in Gujarat. The contracts, covering supply and onsite services, were awarded by Adani Green Energy Limited and Adani Green Energy Six Limited. In its regulatory filing, KPI Green Energy stated that the BoS scope is split into two distinct orders. The supply order includes manufacturing, procurement and delivery of materials, along with…

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Global | News

Grenergy wins 2.1 GWh storage contracts in Poland
By January 15, 2026January 15, 2026

Grenergy, a Spanish clean energy producer, has secured capacity contracts for five standalone energy storage projects in Poland with a combined capacity of 2.1 gigawatt-hours (GWh). The contracts were awarded through an auction conducted by Polskie Sieci Elektroenergetyczne (PSE), Poland’s electricity system operator. The company said the awards represent more than 11% of the total storage capacity offered in the auction. The five projects, named Fred, George, Lucius, Hagrid and Harry, will have a combined…

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India | News | Policy & Programmes

CEA invites comments on Indo-Denmark draft technology catalogues
By January 14, 2026January 14, 2026

The Central Electricity Authority (CEA) has sought stakeholder comments on draft technology catalogues covering Energy Storage and Green Fuels developed under the Indo-Denmark strategic energy cooperation. The exercise is being carried out under the framework of a Memorandum of Understanding (MoU) signed between the Ministry of Power, Government of India, and the Ministry of Climate, Energy & Utilities of the Kingdom of Denmark on June 5, 2020. The technology catalogue is intended to provide standardised…

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India | News | Renewable Energy

Waaree Energy raises Rs 1,003 crore for 20 GWh battery manufacturing plan
By January 6, 2026January 6, 2026

Waaree Energy Storage Solutions Private Limited (WESSPL), a subsidiary of the publicly listed Waaree Energies Ltd., has announced the completion of a strategic funding round totalling approximately Rs 1,003 Crores. The investment was received from a consortium of strategic investors, including family offices, high-net-worth individuals (HNIs), and institutional backers. The capital infusion is part of a previously announced capital expenditure plan of roughly Rs 10,000 Crores. This funding is allocated for establishing a 20 GWh…

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India | News | Renewable Energy

Rajesh Power gets LoI for 65 MW / 130 MWh BESS project in Gujarat
By January 6, 2026January 6, 2026

Rajesh Power Services Limited has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for developing a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) facility at Virpore in Gujarat. The company informed the stock exchanges about the award on January 5, 2026. The project forms part of Phase VII of a tariff-based competitive bidding process and will receive Viability Gap Funding supported by the Power System Development…

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