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Energy Storage

VFlowTech, IIT Delhi join hands to extract vanadium from refinery waste

The initiative aims to establish India’s first circular vanadium ecosystem, converting refinery waste into battery-grade vanadium pentoxide (V₂O₅)—a critical material used in next-generation long-duration batteries that support grid stability and renewable energy deployment.

India could cut electricity costs to $50/MWh by 2050 with a fully wind and solar-based power system, says ETC report

India could achieve clean power system at a cost (including generation, balancing, and grid infrastructure) of around $50/MWh by 2050—significantly below current fossil fuel-driven wholesale prices—by shifting to a fully wind and solar-based electricity system requiring primarily day-night balancing.

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Maharashtra launches 2 GW/4 GWh battery storage tender

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has launched a tender to select developers for setting up 2 GW/4 GWh of battery energy storage systems (BESS) across multiple MSEDCL-provided locations, connected to the intra-state transmission system.

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Waaree Energies records INR 4,597.18 crore revenue in Q1 FY 2026

Waaree Energies Ltd has reached an order book of 25 GW—comprising 58.7% overseas and 41.3% domestic orders—valued at approximately INR 49,000 crore.

India successfully tests first hydrogen-powered train coach

Indian Railways has successfully tested the nation’s first hydrogen-powered coach at the Integral Coach Factory (ICF) in Chennai.

Acme Solar posts INR 131 crore profit for Q1 FY2026

Acme Solar has reported a net profit of INR 131 crore for the first quarter of FY2025-26, a stellar increase of 9,319% YoY.

JSW Energy secures 230 MW FDRE PPA with SECI

JSW Energy has also secured a 25-year power purchase agreement with Bangalore Electricity Supply Co. (BESCOM) for a 100 MW grid-connected solar project with a 100 MWh battery energy storage system.

Gujarat invites bids for 4 GWh battery storage projects

Gujarat Urja Vikas Nigam Ltd (GUVNL) has invited bids to set up 2 GW/4 GWh of standalone battery energy storage systems (BESS) across Gujarat, connected to the intra-state transmission system (In-STS), with a two-cycle daily charge/discharge operation.

The solar-plus-storage opportunity: How developers can lead India’s renewable transition

With solar plus battery storage systems emerging as the go-to solution for consistent, green, and economically viable power, the energy landscape is being reshaped. From industrial clusters to corporate campuses, the appetite for storage-backed solar installations is growing rapidly.

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India’s auto industry can cut emissions by 87% through green electricity, low-carbon steel: CEEW 

India’s automobile industry can cut its manufacturing emissions by up to 87% by 2050 with a shift to 100% renewable energy, green steel, and partnerships with suppliers to cut emissions, finds a new study by the Council on Energy, Environment and Water (CEEW).

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