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…
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…
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…
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…
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…
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…
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…
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…
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…
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…