Powertrac to set up 1 GWh BESS factory
Gujarat-based Powertrac Group has announced an investment of INR 600 crore to establish a 1 GWh containerized battery energy storage system (BESS) manufacturing facility. The facility will focus on lithium iron phosphate (LFP)-based battery pack assembly, along with in-house battery management system (BMS) development and integration.
India’s FY2027 budget shifts focus from renewable deployment to manufacturing, but execution challenges persist, says Wood Mackenzie
Clean energy spending rises 40% to $5 billion as government prioritises CCUS, domestic supply chains and strategic manufacturing. However, execution delays and underutilisation of allocated funds could limit the near-term impact, according to an analysis by Wood Mackenzie.
SJVN Ltd’s 250 MW/500 MWh BESS tender yields a tariff of INR 1.97 lakh/MW/month
SJVN Ltd’s tender for setting up 250 MW/500 MWh of standalone battery energy storage systems (BESS) in Haryana has discovered a tariff of INR 1.97 lakh/MW/month. Hardi Hydro Energy secured the full capacity at the quoted price.
Innovation Thru Energy brings ice-based thermal storage to India’s cold chain logistics sector
The IceBattery thermal energy storage system enables stable temperature control for perishable and sensitive cargo during rail and road transport without continuous power supply or diesel-powered refrigeration.
Advait Energy begins work on 50 MW/100 MWh BESS project for GUVNL
Advait Energy Transitions has commenced execution of a 50 MW/100 MWh battery energy storage system (BESS) project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL). It had secured the project under GUVNL’s Phase IV BESS tender on a build-own-operate (BOO) basis.
Saatvik Green Energy to acquire 49% stake in Intelligent Hydel Solutions
The move marks Saatvik’s entry into the independent power producer (IPP) segment with a 41 MW PPA-backed project in Maharashtra, advancing its transition from solar manufacturing and EPC to a fully integrated renewable energy platform.
India’s blueprint for sustainable solar success
By embedding quality benchmarks into procurement and manufacturing incentives, policymakers are ensuring that India’s energy transition is durable, not disposable. The focus has moved from rapid installation to long-term reliability — a sign of sectoral maturity.
Advait Energy Transitions emerges L1 bidder for 150 MW/300 MWh standalone battery energy storage project from GUVNL
Advait Energy Transitions Ltd has emerged as the lowest bidder for a 150 MW/300 MWh capacity under Gujarat Urja Vikas Nigam Ltd’s (GUVNL) tender for setting up 335 MW/670 MWh of standalone battery energy systems in Gujarat.
GREW Solar raises INR 1,050 crore from overseas investors to fuel capacity expansion
GREW Solar has raised INR 1,050 crore in a new funding round led by Bay Capital Investment Ltd, with participation from two other institutional investors. The company said it will use a significant portion of the proceeds to expand the manufacturing capacity of its upcoming PV cell facility from 3 GW to 8 GW.
India installs record 36.6 GW solar in 2025
Large-scale projects accounted for nearly 81% of the total solar capacity additions in the year 2025.
