Uma Gupta
Is India’s energy storage market headed for oversupply?
A recent report by SBICAPS projects that India will add 30 GW of energy storage capacity (battery storage, pumped storage, etc) through standalone and firm and dispatchable renewable energy (FDRE) projects by June 2027. This would bring the country’s total storage capacity to 36 GW—far exceeding the projected demand of around 24 GW, and possibly leading to oversupply.
Waaree Energies begins production from new 1.8 GW solar module line in Gujarat
Waaree Energies has commenced production at its new 1.8 GW solar module manufacturing facility in Chikhli, located in the Navsari district of Gujarat.
NPCIL commissions 1.7 MWp solar plant at Haryana nuclear facility
Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP), a unit of Nuclear Power Corp. of India Ltd (NPCIL), has successfully commissioned a 1.7 MWp grid-connected solar power plant at its nuclear facility in Haryana. This marks the second solar installation at the site.
SECI auction yields record-low green ammonia price of INR 55.75 per kg
The Solar Energy Corp. of India (SECI) has achieved a record-low price of INR 55.75 per kg (around $641 per tonne) for green ammonia in its first-ever auction under the National Green Hydrogen Mission’s SIGHT Scheme (Mode 2A).
Jakson Green secures its first wind PPA with GUVNL
Jakson Green has entered wind power generation by securing power purchase agreement (PPA) for a 100 MW project with Gujarat Urja Vikas Nigam Ltd.
Avaada Group to invest INR 5,000 crore in 1 GW of renewable energy projects in Bihar
Avaada Group has signed a memorandum of understanding with the government of Bihar to invest INR 5,000 crore for developing 1 GW of solar and battery energy storage projects in Bihar.
VFlowTech, IIT Delhi join hands to extract vanadium from refinery waste
The initiative aims to establish India’s first circular vanadium ecosystem, converting refinery waste into battery-grade vanadium pentoxide (V₂O₅)—a critical material used in next-generation long-duration batteries that support grid stability and renewable energy deployment.
NHPC tenders 1.2 GW solar in Uttar Pradesh
NHPC Ltd, on behalf of Bundelkhand Saur Urja Ltd (BSUL), has launched a tender to select developers for setting up 1.2 GW solar power plants (4×300 MW) in Jalaun Solar Power Park of Uttar Pradesh.
OMC Power eyes 1 GW distributed renewable energy portfolio
The PAT-positive distributed renewable energy player, backed by Japan’s Mitsui & Co. and Chubu Electric Power, is targeting a 1 GW portfolio within five years, with rooftop solar, floating PV, and rural electrification at the center of its growth strategy.
ADM Solar secures national empanelment under PM Surya Ghar: Muft Bijli Yojana
ADM Solar is also set to launch its exclusive solar outlets under the brand name Orient Solar, aimed at driving mass adoption of solar power solutions in major Indian cities.
