ENGIE awarded 200 MW solar project with 100 MW/600 MWh battery storage by SECI
ENGIE has secured a 200 MW solar project paired with a 100 MW/600 MWh battery energy storage system (BESS) in India. The project was awarded through a competitive bidding process conducted by the Solar Energy Corp. of India (SECI).
L&T secures 3 GW pumped storage project from Torrent Power arm in Maharashtra
Larsen & Toubro (L&T) has secured an order from Torrent Energy Storage Solutions for the construction of the 3 GW Saidongar-1 open-loop pumped storage project (PSP) in Raigad, Maharashtra. The PSP will comprise ten units of 300 MW each.
Mercom finds widening gap between storage auction bids and project economics
Only around 50% of standalone battery energy storage system (BESS) projects analyzed in India demonstrate positive project economics under modeled assumptions, according to Mercom India Research’s newly released LCOS and Bidding Trends in Indian Energy Storage Projects report. The projects assessed were auctioned between July and November 2025.
Scatec secures PPA for Africa’s largest solar-plus-storage project
Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date.
Why rare earth and advanced materials are critical to India’s next manufacturing leap
Every additional EV, wind turbine, transmission line, or storage system intensifies pressure on supply chains that are already concentrated and geopolitically sensitive. Competing solely on mining is neither sufficient nor sustainable.
Global solar enters period of adjustment, as market conditions redefine rules of competition
Global solar growth is flattening in major markets as oversupply from China and India drives prices down and shifts competition from sheer volume to execution, policy alignment, and system integration. Across the U.S., Europe, and China, energy storage is becoming essential for project viability, making PV-plus-storage and strong EPC partnerships the new basis for winning projects in 2026 and beyond.
Ola Electric enters residential battery storage market with launch of first product powered by indigenous 4680 Bharat Cells
Ola Electric has rolled out Ola Shakti, a residential battery energy storage system (BESS), from its gigafactory in the Krishnagiri district of Tamil Nadu. Powered by Ola Electric’s indigenous 4680 Bharat Cells, Ola Shakti is India’s first residential BESS to be fully designed, engineered, and manufactured domestically.
Uniper, AM Green sign long-term offtake agreement for up to 500,000 tons per year of renewable ammonia from India
Uniper has signed the agreement to offtake up to 500,000 tons per year from AM Green’s green ammonia projects. The first shipment is expected to happen as early as 2028 from AM Green Ammonia’s first 1 million ton per annum (MTPA) under construction plant in Kakinada, Andhra Pradesh.
Rajasthan tenders 2.45 GW solar power projects with battery storage at Pugal Solar Park
Rajasthan Solar Park Development Co. Ltd (RSDCL) has launched a tender inviting proposals to set up 2,450 MW of state transmission utility (STU)-connected solar PV power projects with 1,600 MW/6,400 MWh battery energy storage systems at the Pugal Solar Park in Bikaner district of Rajasthan. The projects will be developed on a build-own-operate (BOO) basis.
Sodium-ion battery cells already near lithium-ion cost parity, set to get cheaper
By 2050, sodium-ion batteries with fast learning rates could deliver storage at 11–14 €/MWh – cheaper than lithium-ion at 16–22 €/MWh – while also offering higher energy-to-power ratios and high cycle durability, a new research finds.
