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Energy Storage

Vikram Solar’s PowerHive launches lithium battery range for electric mobility and residential power backup

PowerHive, the battery and energy storage arm of Vikram Solar, has launched its VION lithium battery product range, marking the company’s entry into distributed battery storage for electric mobility and residential energy backup.

Ashok Leyland breaks ground on EV battery pack manufacturing facility in Tamil Nadu

Ashok Leyland, a Hinduja Group-owned commercial vehicle manufacturer, has begun the construction of a greenfield EV battery pack manufacturing facility at Pillaipakkam near Chennai. The project would entail an investment of INR 400-500 crore.

China commissions first urban underground vanadium flow battery system

China has deployed its first 1.25 MW urban vanadium flow battery (VFB), supporting peak AC loads and offering a safer alternative amid tighter lithium-ion storage regulations in dense urban environments.

ACME Solar signs PPAs for 450 MW/1,800 MWh assured peak power project

Under the PPAs, ACME Solar Holdings will supply 1,800 MWh of assured peak power (450 MW × 4 hours) during non-solar hours from interstate transmission system (ISTS)-connected renewable energy projects in India, with 90% availability on both a monthly and annual basis.

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SECI seeks developers for 1 GW round-the-clock renewable power supply

Solar Energy Corp. of India (SECI) has invited bids from developers to set up renewable energy projects on a build-own-operate (BOO) basis to supply 1 GW of power on a round-the-clock (RTC) basis. Energy storage systems (ESS) will be a mandatory component of the projects.

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NavPrakriti partners with NASH Energy for battery recycling

NavPrakriti, a Kolkata-headquartered lithium-ion battery recycler, has entered into a strategic partnership with NASH Energy, a NASH Group company focused on advanced battery manufacturing and energy storage solutions, to ensure responsible end-of-life management of all batteries produced by NASH Energy, including production scrap.

V-Guard increases stake in battery startup Gegadyne Energy Labs

V-Guard Industries has approved an additional investment of INR 25 crore in Gegadyne Energy Labs, its associate company focused on alternative battery technologies. Post acquisition, V-Guard’s shareholding in Gegadyne Energy Labs increases to 30.35% (on fully diluted basis) from the current 24.32%.

‘Battery Atlas 2026’ maps Europe’s cell, pack and battery manufacturers

The “Battery Atlas 2026” report shows consolidation in Europe’s battery market. More than 2,000 GWh of cell production capacity was announced in 2023, but the realistic forecast for early 2026 is around 1,190 GWh, including approximately 673 GWh led by Asian companies.

“Multi-dimensional renewable energy growth key to India’s long-term development and energy security”

India’s renewable energy expansion will extend beyond utility-scale projects to distributed renewable energy, green open access and emerging prosumer models enabled by digital platforms and the India Energy Stack as the nation advances toward its vision of becoming a developed nation by 2047.

The limits to growth: The Malaysian way of navigating the data centre boom

Malaysia’s rising power demand, driven by industrial growth and data centers, is exposing grid and capacity constraints, prompting policies like Corporate Renewable Energy Supply Scheme (CRESS) to enable corporate renewable procurement while maintaining system cost recovery. A key factor is the System Access Charge (SAC), whose uncertain future trajectory affects long-term solar PPAs and investment decisions, making scenario-based modelling crucial for assessing project bankability.

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