Distributed Storage

India’s Ministry of New and Renewable Energy (MNRE) is seeking proposals from government organizations to create and upgrade testing infrastructure for various components, technologies, and processes used across the green hydrogen value chain. The selected projects will be funded up to 100% of the capital cost for equipment, installation, and commissioning of the equipment.

The latest financial stability ranking has Tesla, Mustang Battery, and Solid Power holding the top three spots in a report that tracks Altmann-Z scores for 57 manufacturers over the past three years.

With this latest award, SECI has allocated a total green ammonia production capacity of 275,000 metric tonnes per annum across four reverse auctions, at prices ranging from INR 51.80 to INR 55.75 per kg.

Start-ups developing technologies in fields such as solar energy, green hydrogen, energy storage, distributed renewable energy, small hydro, wind, smart grids, and clean mobility will be supported in the development and commercialization of their innovations.

Jaicky Kumar, co-founder and CEO of Voltanova—a deep-tech firm incubated by the Foundation for Science, Innovation and Development (FSID) at IISc—speaks to pv magazine about Voltanova’s thermal battery system and how it compares to lithium-based energy storage.

NTPC Renewable Energy Ltd has emerged as the successful bidder in the e-reverse auction conducted by the Solar Energy Corp. of India (SECI) for the full green ammonia capacity of 70,000 metric tonnes per annum. It secured this capacity at a price of INR 51.80 per kg.

New battery projects commissioned in 2025 could deliver internal rates of return (IRR) of 17% by operating in power exchanges, owing to falling upfront costs and rising revenue potential, says the Ember report.

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.

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.

India could achieve clean power system at a cost (including generation, balancing, and grid infrastructure) of around $50/MWh by 2050—significantly below current fossil fuel-driven wholesale prices—by shifting to a fully wind and solar-based electricity system requiring primarily day-night balancing.