Utility Scale Storage

A new generation of sodium-ion (Na-ion) battery cells has been launched as an alternative to the virtual monopoly of lithium-ion (Li-ion). Although the technology is unlikely to displace significant Li-ion market share, recent improvements make Na-ion a viable solution for certain niche applications, with potential for wider usage if cost becomes competitive.

New orders of INR 3,086 crore in Q3 and a robust pipeline for Q4 gives the company the confidence to revise its order booking guidance to over INR 11,000 crore this fiscal.

The four-day Summit will focus on the entire power value chain, including power generation (with emphasis on clean energy systems such as solar, wind, hydro, green hydrogen, etc.), transmission and distribution, energy storage, and energy efficiency solutions.

Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the government of Gujarat for the establishment of a green ammonia production facility in Rajkot district with an investment of INR 10,000 crore. Additionally, it has proposed the implementation of PM-KUSUM Component-C projects at multiple locations across Gujarat

Elcogen, a European developer of solid oxide fuel cells and electrolysers, has announced its expansion into India and the wider Asia-Pacific region with the appointment of Anil Srikar Pavuluri as business development director for the region.

The 500 MW/1 GWh Jiayuguan NingSheng project combines lithium batteries and supercapacitors to support grid stability and renewables integration.

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).

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.

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 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.