MaxVolt Energy is set to triple its lithium battery pack production capacity from 72,000 units per annum to 2.25 lakh units annually with the addition of a new 55,000 sq. ft. facility in Duhai, Ghaziabad.
Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first time, according to BloombergNEF (BNEF).
Global Infrastructure Partners (GIP), part of BlackRock, is set to invest INR 3,000 crore for a minority stake in Aditya Birla Renewables, a commercial and industrial (C&I)-focused renewable energy platform under the Aditya Birla Group, with a pan-India portfolio of 4.3 GW.
Toshiba Energy Systems & Solutions Corp. (Toshiba ESS) has started testing batteries and energy management solutions to stabilize electricity in remote Saudi Arabia through a hybrid wind-solar pilot project. The project will run until May 2028 to evaluate power- and energy-oriented batteries and optimize battery use.
A new report reveals that solar, wind, and battery storage are increasingly cost competitive with new thermal as a source of 24/7 reliable power, offering a promising pathway that supports both India’s energy security and the country’s net-zero goals.
Avaada Group has signed a Memorandum of Understanding (MoU) with GRIDCO and IIT-Bhubaneswar to establish a state-of-the-art Centre of Excellence (CoE) in Odisha focused on integrated research, innovation, and technology development in green hydrogen.
For the first time, a complete aluminum-graphite-dual-ion battery system has been built and tested, showing that lithium-free, high-power batteries can deliver stability, fast response, and recyclability for next-generation grid applications.
If India solves demand creation intelligently, it can become a global price-setter, not just another participant in the hydrogen economy.
Gujarat’s leadership in renewable deployment is now extending into the field of solar plus storage, with direct implications for industrial power users. Large grid connected projects in Kutch, storage additions at hybrid sites, and new battery initiatives aimed at supplying industries with on-demand renewable energy are all early examples of how solar and storage can work together in practice.
Indian steelmakers have begun adopting green hydrogen, but this option should become an even greater priority for the country as metallurgical coal supply risks intensify.
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