Ola Electric enters residential battery storage market with launch of first product powered by indigenous 4680 Bharat Cells
Ola Electric has rolled out Ola Shakti, a residential battery energy storage system (BESS), from its gigafactory in the Krishnagiri district of Tamil Nadu. Powered by Ola Electric’s indigenous 4680 Bharat Cells, Ola Shakti is India’s first residential BESS to be fully designed, engineered, and manufactured domestically.
Uniper, AM Green sign long-term offtake agreement for up to 500,000 tons per year of renewable ammonia from India
Uniper has signed the agreement to offtake up to 500,000 tons per year from AM Green’s green ammonia projects. The first shipment is expected to happen as early as 2028 from AM Green Ammonia’s first 1 million ton per annum (MTPA) under construction plant in Kakinada, Andhra Pradesh.
Shakti Pumps wins order for 16,780 solar pumps in Karnataka
Shakti Pumps (India) Ltd has secured an order from Karnataka Renewable Energy Development Ltd (KREDL) for the installation of 16,780 solar PV water pumping systems under Component B of the PM-KUSUM Scheme. The aggregate order value is INR 654.03 crore (inclusive of GST).
RenewSys launches reel-format sheet encapsulants for junction box and busbar insulation in solar modules
RenewSys India has launched CONSERV AUGMENSHEET, a sheet encapsulant for insulation and sealing of busbar and junction box areas in solar modules. Supplied in reel format, the product supports automatic feed-in on fully automated module manufacturing lines, enabling higher productivity and consistent processing for next-generation solar module production.
Rajasthan tenders 2.45 GW solar power projects with battery storage at Pugal Solar Park
Rajasthan Solar Park Development Co. Ltd (RSDCL) has launched a tender inviting proposals to set up 2,450 MW of state transmission utility (STU)-connected solar PV power projects with 1,600 MW/6,400 MWh battery energy storage systems at the Pugal Solar Park in Bikaner district of Rajasthan. The projects will be developed on a build-own-operate (BOO) basis.
Sodium-ion battery cells already near lithium-ion cost parity, set to get cheaper
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.
China to abolish solar export tax rebates in April
China will scrap value-added tax export rebates for PV products from April 1, 2026, while cutting battery rebates ahead of a full phaseout, raising export costs for manufacturers and potentially pulling shipments forward into early 2026.
SECI concludes 1.2 GW solar plus 600 MW/3,600 MWh storage tender at INR 3.12/kWh
The Solar Energy Corp. of India’s (SECI) tender for 1.2 GW of interstate transmission system (ISTS)-connected solar projects, integrated with 600 MW/3,600 MWh of energy storage systems (ESS), has discovered a tariff of INR 3.12/kWh.
N-type wafer prices rise over 10% as silver-driven cell costs increase
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Power Mech awarded 2 GWh battery storage project in West Bengal
Power Mech Projects Ltd has won a contract to set up a 250 MW/1,000 MWh standalone battery energy storage system (BESS) at Goaltore, Paschim Medinipur, West Bengal, on a build-own-operate (BOO) basis, with a greenshoe option of 250 MW/1,000 MWh at Durgapur Project Ltd (DPL) campus. The project, awarded by West Bengal State Electricity Distribution Co. Ltd (WBSEDCL), comes with a 100% off-take guarantee.
