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