The battery cost disconnect
For years, the battery energy storage (BESS) story has followed a familiar script: costs fall, deployment accelerates, economics improve. Even when cell costs rose and system prices briefly flattened during the 2021-22 lithium price spike, the narrative largely held. Paola Perez Peña, senior principal analyst at S&P Global Energy, examines why the latest jump in lithium prices has only had limited impacts on overall BESS costs so far.
India’s solar generation rose 24% YoY in Q4 FY 2025–26 as energy demand hit new peaks
India’s rising power demand is increasingly being met by renewables, particularly during daytime peak hours. However, rising renewable curtailment shows that grid infrastructure and flexibility are not keeping pace with clean energy growth. With stronger transmission networks, more flexible grid operations, and faster battery deployment, a larger share of evening and night-time demand can also be met through non-fossil sources.
Critical mineral supply concentration threatens India’s energy transition; diversification key to supply security
A new briefing note by Institute for Energy Economics and Financial Analysis (IEEFA) finds that India’s imports of key energy transition minerals and their compounds are highly concentrated, underscoring significant supply risks and the importance of diversification to enhance supply security.
Advait Energy sets up battery storage, carbon advisory, and IPP subsidiaries
Advait Energy Transitions has incorporated three wholly owned subsidiaries focused on battery storage, carbon advisory, and power generation. The newly formed entities—Advait Battery Ecosystems, Advait Carbon Advisory & Renewables Assets, and Advait Unified Renewable Assets—expand the company’s presence across the clean energy value chain, from BESS manufacturing to carbon advisory and asset ownership.
CATL secures world’s largest sodium-ion battery order with Hyperstrong
The two companies announced a 60 GWh supply agreement on Monday, marking a pivotal step in the commercialization of sodium-ion battery technology.
SECI launches 500 MW peak supply renewable tender requiring dispatch via power exchanges
The Solar Energy Corp. of India (SECI) has invited proposals to set up interstate transmission system (ISTS)-connected renewable energy projects for assured peak supply of 1,500 MWh (500 MW × 3 hours) under a Contract for Difference (CfD) mechanism.
Pace Digitek enters African BESS market in tie-up with NEC XON
Pace Digitek Ltd has partnered with NEC XON Systems, South Africa, to market, distribute and deploy its grid-scale battery energy storage systems (BESS) and related energy solutions across South Africa, Botswana, Mozambique, Namibia and Mauritius.
Enrich signs contract for 290 MWh BESS with NTPC
Enrich has secured a contract with NTPC Ltd for the implementation of a 290 MWh battery energy storage system (BESS) project at NTPC’s Simhadri Thermal Power Station in Andhra Pradesh.
Adani Green’s operational RE capacity grows 35% YoY to 19.3 GW
The company reported revenue from power supply of INR 11,602 crore in FY 2026, marking a 22% year-on-year increase. EBITDA from power supply rose 23% YoY to INR 10,865 crore—almost twice the annual EBITDA for FY23.
Why semiconductors in the solar sector require mainstream attention
As the energy-generating capacity scales up, it becomes critical to integrate intelligent embedded control and connectivity solutions. With a concerted effort to utilize the advances in power electronics and connectivity solutions, it is possible to achieve self-reliant, environmentally friendly, and efficient energy systems that can power a nation.
