NavPrakriti, a Kolkata-headquartered lithium-ion battery recycler, has entered into a strategic partnership with NASH Energy, a NASH Group company focused on advanced battery manufacturing and energy storage solutions, to ensure responsible end-of-life management of all batteries produced by NASH Energy, including production scrap.
V-Guard Industries has approved an additional investment of INR 25 crore in Gegadyne Energy Labs, its associate company focused on alternative battery technologies. Post acquisition, V-Guard’s shareholding in Gegadyne Energy Labs increases to 30.35% (on fully diluted basis) from the current 24.32%.
The “Battery Atlas 2026” report shows consolidation in Europe’s battery market. More than 2,000 GWh of cell production capacity was announced in 2023, but the realistic forecast for early 2026 is around 1,190 GWh, including approximately 673 GWh led by Asian companies.
India’s renewable energy expansion will extend beyond utility-scale projects to distributed renewable energy, green open access and emerging prosumer models enabled by digital platforms and the India Energy Stack as the nation advances toward its vision of becoming a developed nation by 2047.
Malaysia’s rising power demand, driven by industrial growth and data centers, is exposing grid and capacity constraints, prompting policies like Corporate Renewable Energy Supply Scheme (CRESS) to enable corporate renewable procurement while maintaining system cost recovery. A key factor is the System Access Charge (SAC), whose uncertain future trajectory affects long-term solar PPAs and investment decisions, making scenario-based modelling crucial for assessing project bankability.
The next clean-energy boom will be driven not only by renewable generation but by intelligent storage. Tech-enabled, solar-compatible battery energy storage systems (BESS) will make clean energy predictable, resilient, and commercially viable at scale.
Rajesh Power Projects has signed a battery energy storage purchase agreement (BESPA) with state-run Gujarat Urja Vikas Nigam Ltd (GUVNL) for the development of a 65 MW/130 MWh standalone battery energy storage system (BESS) project at Virpore in Gujarat.
EcoFlow has unveiled the single-phase Ocean 2 all-in-one battery inverter at Key Energy in Rimini. The system features a more compact 5 kWh LFP battery stackable up to 30 kWh and offering 100% depth of discharge, 3.4 kW discharge power, and IP66 protection.
Several EV and charging components such as rectifiers, power modules, semiconductors, battery cells and PCBs are still largely imported. These create ecosystem-wide challenges including supply volatility, cost exposure, limited local integration, and scaling constraints. However, these gaps also represent one of India’s biggest opportunities.
ACME Solar has secured two power purchase agreements (PPAs) with SJVN Ltd for 300 MW and 150 MW, totaling 450 MW, under a firm and dispatchable renewable energy (FDRE) project. The company also announced the commissioning of an additional 38 MW/82 MWh at its 285 MW/600 MWh battery energy storage system (BESS) project in Jaisalmer district, Rajasthan.
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