Japan’s TDK Corp. to invest INR 4,000 crore in Haryana for battery energy storage unit
TDK Corp., a Japanese multinational electronics company, has proposed an investment of INR 4,000 crore in Haryana to set up a battery energy storage unit. A delegation from the company met Haryana chief minister Nayab Singh Saini to discuss the proposed investment.
Amit Paithankar exits early, Jignesh Rathod takes over as Waaree Energies CEO
Amit Ashok Paithankar has stepped down as whole-time director and CEO of Waaree Energies with effect from March 20, 2026, earlier than the previously indicated date of May 15, 2026. Jignesh Devchandbhai Rathod has assumed the role with immmediate effect.
Vikram Solar appoints Sameer Nagpal as CEO
Sameer Nagpal will lead Vikram Solar through its next phase of growth as it advances its strategic roadmap to deepen backward integration, scale manufacturing capacity, and strengthen its position in the global renewable energy market.
India to reach 346 GWh of installed battery energy storage capacity by 2033
A new whitepaper projects India’s cumulative installed battery energy storage capacity to soar to 346 GWh by 2033, from currently less than 1 GWh. The report says the market is witnessing explosive growth, with a record 92 GWh of battery energy storage system (BESS) projects in the pipeline now.
Sunsure Energy signs long-term solar PPA with Jakson Engineering
The solar power supply is expected to offset 80% of conventional grid electricity consumption at Jakson’s corporate office and up to 40% at its manufacturing facility.
Sorigin secures 250 MW/500 MWh battery storage project in Rajasthan
Sorigin RE Services has secured its first standalone battery energy storage system (BESS) project in Rajasthan, featuring a capacity of 250 MW/500 MWh.
NTPC, UK’s Octopus Energy sign MoU for cooperation in renewable energy and storage
NTPC Ltd has signed a Memorandum of Understanding (MoU) with UK-based Octopus Energy Group to explore collaboration opportunities in advancing clean energy, digital utilities, and customer-centric power solutions across India, the United Kingdom, and other mutually agreed geographies.
Government sets seven-day cut-off for ALMM wafer compliance
Bids submitted after seven days from the publication of the initial ALMM List-III for wafers must mandatorily specify the use of ALMM List-III-compliant wafers.
AI-powered BESS: The next frontier in grid stability and renewable integration
AI is transforming battery energy storage systems (BESS) through predictive load management, smart dispatch, and real-time performance optimisation – critical to India’s renewable energy ambitions.
GUVNL’s 625 MW solar tender discovers INR 2.34/kWh tariff
Gujarat Urja Vikas Nigam Ltd’s tender for the procurement of power from 625 MW solar PV projects saw aggressive bidding, with the lowest (L1) discovered tariff at INR 2.34/kWh.
