Utility Scale Storage

ReNew Energy Global Plc has secured $331 million from the Asian Development Bank (ADB) to support the development of a 837 MWp wind-solar capacity backed with a 415 MWh battery energy storage system in Andhra Pradesh. This is part of ADB’s $477 million financial package for the project. The balance $146 million will be arranged by ADB through other lenders.

With over 50 GW of renewable capacity stranded nationwide as of June 2025, the message is clear: identifying and overcoming the challenges in India’s construction sector is no longer optional but essential to sustain the country’s solar growth.

The Maharashtra government has signed a memorandum of understanding (MoU) with Singapore’s GSC Group for the 1.5 GW Panchmauli-Devalipada pumped storage hydroelectric project in Dhule and Nandurbar districts. 

Kosol Energie unveiled its high-efficiency 730 Wp G12 TOPCon solar panel for commercial and utility-scale projects at REI 2025. The company also announced plans to expand its module manufacturing capacity by an additional 6 GW, bringing the total to 9 GW by late 2026. In addition, Kosol Energie is venturing into large-scale battery energy storage systems (BESS), with an initial planned annual production capacity of 3–3.5 GWh.

Chhattisgarh’s energy sector received over INR 16,672 crore in government support in fiscal year 2024, with fossil fuel subsidies outweighing clean energy support four times. Clear net-zero targets can help government revenues shift from fossil to clean energy, says an analysis by the International Institute for Sustainable Development and Swaniti Initiative.

Jharkhand’s vast renewable energy potential, combined with its industrial base and critical mineral reserves, positions the state to emerge as a hub for low-carbon manufacturing, ranging from EVs, solar panels and battery energy storage systems (BESS) to green hydrogen production.

As nations move towards low-carbon economies, hydrogen pipelines could become the backbone of industrial decarbonisation, linking production hubs to demand centres with efficiency, safety, and reliability. Building this backbone is not just an engineering task; it is a strategic investment in a cleaner energy future.

The investment, led by energy transition-focused venture capital firm Transition VC, will accelerate HYDGEN’s efforts to make ultra-pure, cost-efficient hydrogen available directly at the point of use through its anion exchange membrane (AEM) electrolyzer technology.

Blueleaf Energy has secured $75 million financing facility from British International Investment (BII) to accelerate development of nearly 2 GW of utility-scale solar, wind, and energy storage capacity in India.

If India achieves its stated clean energy target, power-sector emissions across this major coal-growth market could begin to decline by 2030, according to a new analysis by the Centre for Research on Energy and Clean Air (CREA).