Uma Gupta
Batteries now cheap enough to make dispatchable solar economically feasible
A new analysis from energy think tank Ember shows that the cost of storing electricity with utility-scale batteries has fallen to just $65/MWh as of October 2025 outside China and the US, making it economically feasible to deliver solar power when it is needed.
Smart Joules raises $10 million in Series B funding from Neev II Fund, Waaree Renewable Technologies, and Spectrum Impact
Smart Joules will use the proceeds to expand its energy-efficiency and cooling operations into newer sectors and larger-scale projects, including manufacturing, building automation, and district cooling, while further strengthening the company’s technology, analytics, and on-ground execution capabilities.
Solar PLI scheme drives strong industry interest but faces implementation challenges
As of June 2025, the overall achievement (operational capacity) rate of the solar PLI scheme stood at approximately 29% of the total awarded capacity. Capacity additions remain below targets, with only 59% of module capacity and 14% of polysilicon capacity achieved as of June 2025.
Trontek enters residential energy storage market with 1.4 kWh and 2.7 kWh lithium battery systems
Trontek has entered the residential energy storage market with the launch of Powercube 1.4 kWh and Powercube 2.7 kWh lithium-ion battery storage systems that support both solar and grid charging.
Agratas advances construction at its Sanand battery facility
Agratas, the global battery business of the Tata Group, is rapidly advancing the construction work for its battery manufacturing facility in Sanand, Gujarat. This facility will have a planned annual capacity of 20 GWh in its first phase.
MaxVolt Energy triples lithium battery pack output with new 55,000 sq. ft. plant in Duhai
MaxVolt Energy is set to triple its lithium battery pack production capacity from 72,000 units per annum to 2.25 lakh units annually with the addition of a new 55,000 sq. ft. facility in Duhai, Ghaziabad.
Waaree Energies achieves 1+ GW monthly output
Waaree Energies Ltd has become the first solar panel manufacturer in India to produce over 1 GW of solar modules in a single month. This record-breaking output was achieved in November 2025.
BlackRock to invest INR 3,000 crore for minority stake in Aditya Birla Renewables
Global Infrastructure Partners (GIP), part of BlackRock, is set to invest INR 3,000 crore for a minority stake in Aditya Birla Renewables, a commercial and industrial (C&I)-focused renewable energy platform under the Aditya Birla Group, with a pan-India portfolio of 4.3 GW.
Firm and dispatchable renewables emerge as an increasingly competitive source of reliable power, study shows
A new report reveals that solar, wind, and battery storage are increasingly cost competitive with new thermal as a source of 24/7 reliable power, offering a promising pathway that supports both India’s energy security and the country’s net-zero goals.
Vingroup commits $3 billion for its multi-sector ecosystem in Telangana
Vietnam’s Vingroup has committed an investment of $3 billion to develop a multi-sector ecosystem in the Indian state of Telangana, with a strong focus on electric mobility, renewable energy, and sustainable urban development.
