Energy Storage

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.

Schneider Electric has introduced a modular 200 kWh battery energy storage system for commercial and industrial (C&I) users, scalable up to 2 MWh across 10 units.

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.

Enphase Energy has introduced a complete off-grid solar and storage system that integrates batteries, microinverters, and generator control, with international rollout set for 2026.

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).