Only around 50% of standalone battery energy storage system (BESS) projects analyzed in India demonstrate positive project economics under modeled assumptions, according to Mercom India Research’s newly released LCOS and Bidding Trends in Indian Energy Storage Projects report. The projects assessed were auctioned between July and November 2025.

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.

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.

India is estimated to have added a record 40 GW of solar capacity in CY 2025, supported by strong utility-scale execution and a surge in rooftop installations. Energy storage tendering also picked up pace.

India’s power landscape is undergoing a structural inflection point where domestic manufacturing has shifted from a supporting function to a central pillar of national energy security.

Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date.

KP Group has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat for the development of 855 MW of renewable energy projects with an investment of around INR 4,000 crore in the state.

Every additional EV, wind turbine, transmission line, or storage system intensifies pressure on supply chains that are already concentrated and geopolitically sensitive. Competing solely on mining is neither sufficient nor sustainable.

Global solar growth is flattening in major markets as oversupply from China and India drives prices down and shifts competition from sheer volume to execution, policy alignment, and system integration. Across the U.S., Europe, and China, energy storage is becoming essential for project viability, making PV-plus-storage and strong EPC partnerships the new basis for winning projects in 2026 and beyond.

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.

By combining proven global practices with solutions designed for Indian conditions, offering choices for different customer needs, and continuing to invest in meaningful innovation, India can build a solar ecosystem that is resilient and inclusive.

The Chinese manufacturer said its 2-terminal 34.76%-efficient perovskite-silicon tandem lab-scale cell is based on heterojunction technology and developed by a collaboration of Solarlab Aiko Europe, Aiko headquarters, and its R&D in Yuwi, China.

The Centre of Excellence, operated from the campus of IIT Kanpur and HBTU Kanpur, will prioritize research and development focused on green hydrogen production, storage, transportation, safety standards, testing, demonstrations, and industrial use. Special emphasis will be on applied research and technological solutions for industries such as refineries, fertilizers, transportation, manufacturing, and energy systems.

The largest area of green financing is energy-efficient machinery, which supports MSMEs in modernising production lines and reducing operational energy consumption. Significant capital is also being channelled into rooftop solar installations, electric vehicles, and enterprises operating in the water, sanitation, and hygiene (WASH) sectors, across clusters such as manufacturing, healthcare, and food processing.

Solex Energy Ltd has signed a non-binding Memorandum of Understanding (MoU) with Malaysia-based automation technology company TT Vision Holdings Berhad to collaborate on advancing solar manufacturing automation, engineering excellence, and talent development in India.

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.

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 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.

China’s Astronergy says its ASTRO N7 Pro module targets utility-scale PV plants and commercial rooftops, offering quarter-cell architecture, bifacial gains, and a 30-year performance guarantee.

Startups are rewriting the narrative of India’s environmental challenge by building a bridge between air quality restoration and renewable energy expansion—a synergy that promises to fundamentally reshape how India confronts both crises simultaneously.

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.

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.

Hartek Power has secured an engineering, procurement and construction (EPC) contract worth approximately INR 353.77 crore for a 280 MW AC (410 MWp DC) solar PV power plant integrated with an 80 MW/320 MWh battery energy storage system (BESS) in Karnataka. 

Axis Energy plans to develop a diversified portfolio of nearly 5 GW of clean energy capacity across wind, solar, agri-photovoltaic (agri-PV), hybrid projects, and battery energy storage systems (BESS) with an investment of INR 31,750 crore.

The GWh-scale long-duration energy storage project is expected to reduce curtailment in Xinjiang, a region of China with high solar and wind generation, and transmission bottlenecks. The flow battery installation is co-located with a PV plant.

While India has research capabilities across public laboratories and academic institutions in both rare earths and battery recycling, the transition from lab-scale innovation to industrial deployment has been slow. This gap between research and commercial execution continues to limit scale across the critical minerals ecosystem.

India is moving decisively beyond capacity addition toward system-level maturity. Expanded transmission planning, a more diversified energy mix and better regulatory clarity signal a market design that is becoming ever more dynamic and future ready.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that the global peak of solar output in 2025 occurred on April 29, at 06:00 UTC, estimated at 539 GW.

India’s battery storage landscape is undergoing a decisive transformation in 2025. Across utilities, regulators, and developers, BESS has moved beyond early-stage exploration and is increasingly recognized as an essential component for grid stability, renewable integration, and long-term energy planning.

Tier-2 and Tier-3 cities are no longer behind in the solar journey, they are becoming the main growth drivers. With better government support, easier net-metering rules, and more awareness about savings, people in smaller cities are now ready for rooftop solar in a big way.