Luminous Power Technologies has inaugurated its first lithium-ion battery assembly line at Baddi, Himachal Pradesh. This new line is designed to produce standalone lithium-ion battery packs, stationary battery energy storage systems (BESS), and automotive battery packs for e-rickshaw applications.
Iola Hughes, Head of Research at Benchmark Mineral Intelligence, tells ESS News that 2026 is set to be another strong year for BESS, with forecast additions exceeding 450 GWh and no material supply constraints in sight. Meanwhile, the initial impact of rising lithium prices is already visible at the cell level, but the full effect has yet to ripple through to system pricing.
By 2050, sodium-ion batteries with fast learning rates could deliver storage at 11–14 €/MWh – cheaper than lithium-ion at 16–22 €/MWh – while also offering higher energy-to-power ratios and high cycle durability, a new research finds.
India’s Ministry of Road Transport and Highways (MoRTH) has released draft guidelines for the implementation of a Battery Pack Aadhaar system—an indigenous digital identification and data storage mechanism designed to ensure end-to-end lifecycle traceability of batteries, particularly those used in electric vehicles (EVs).
Longer-duration storage, safety-driven procurement and Foreign Entity of Concern (FEOC) compliance in the United States are accelerating interest in alternative battery chemistries, even as lithium-ion remains dominant amid rising data center demand and tighter supply chain rules.
GEON, part of the 60-year-old Kabra Extrusion Technik Group, has launched GELITHIUM, an all-in-one power backup system that integrates a pure sinewave inverter with an inbuilt lithium-ion battery. GELITHIUM is available in 1,250 VA and 2,500 VA variants, with 12.8V/100Ah and 25.6V/100Ah lithium batteries, respectively.
A new report by KPMG outlines strategies to enhance resilience and competitiveness in India’s electric vehicle (EV) ecosystem amid sharply rising demand for critical raw materials such as lithium, nickel, cobalt, and rare earth elements.
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).
As renewable capacity rises, the question is no longer whether India can generate green power. The real challenge is whether the grid can absorb it smoothly and deliver it reliably when people actually need it. This is where battery energy storage systems (BESS) are increasingly seen not as a luxury but as a core part of grid planning.
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