BC Jindal Group has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE), has won a 180 MW solar plus storage project from state-owned NHPC. The project is part of NHPC’s 1,200 MW inter-state transmission system-connected solar power projects tender with 600 MW/1200 MW energy storage systems. JIRE has bagged 180 MW of […]
NTPC REL secured a capacity of 300 MW at a tariff of INR 3.09/kWh. The project will include the establishment of an energy storage system with a capacity of 150 MW/300 MWh.
Gujarat’s commitment to balancing industrial growth with environmental sustainability is a model for other states to follow. By harnessing solar energy, advancing green hydrogen production, and promoting energy storage technologies, the state is building a robust framework for a sustainable future.
NHPC has allocated 1.2 GW of solar with 600 MW/1,200 MWh storage projects at an average tariff of INR 3.09 ($0.036)/kWh.
The 2025-26 Union Budget has the potential to be a defining moment in India’s journey toward a net-zero economy. By addressing key areas such as renewable energy, green hydrogen, sustainable mobility, and community-level projects, the government can create a robust framework for decarbonization.
Bharat Battery Show, part of the Bharat Mobility Global Expo 2025, saw participation of one hundred startups. Many of these startups are seeking funding from major conglomerates and investment firms.
Essar Renewables will invest around INR 8,000 crore in a mix of round-the-clock renewable energy projects, primarily aimed at supporting the electric vehicle truck charging ecosystem of Blue Energy Motors and Greenline.
NHPC is accepting proposals to set up 125 MW/500 MWh of standalone battery energy storage systems on a build-own-operate basis in Kerala. The projects will be eligible for central financial assistance in the form of viability gap funding.
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
India Ratings expects renewable energy plus storage tenders to gain further traction in the coming years, considering the storage requirement of around 74 GW/411 GWh as per National Electricity Plan (2023-2032).
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