Author
Uma Gupta
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Articles written by Uma Gupta
Indian startup Meine Electric raises $750,000 for iron–air long-duration energy storage
Indian energy storage startup Meine Electric has raised $750,000 (INR 6.7 crore) in a pre-seed funding round to support its transition from laboratory-scale prototypes to pilot-ready iron–air battery systems.
Jan 23, 2026
India manufacturing: GoodEnough Energy starts 7 GWh gigafactory, ChemVolt Global announces 5 GWh battery plant
India's domestic manufacturing scene for lithium-ion batteries for stationary storage is heating up, with GoodEnough Energy commissioniong its 7 GWh battery energy storage system (BESS) factory in Noida, marking the largest such facility in India. The company plans to expand the facility’s capacity from 7 GWh to over 25 GWh over the next three years.
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India tenders 2.45 GW solar projects with 6.4 GWh battery storage
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.
India: Engie secures solar-plus-600 MWh battery storage project, L&T to build 3 GW pumped storage project
Engie has won its first solar-plus-storage project in India, while Larsen & Toubro (L&T) has secured an order from Torrent Energy Storage Solutions to build the country's largest pumped hydro storage project.
India’s storage auction bids falling short of project economics, Mercom reports
Only around 50% of standalone battery energy storage system (BESS) projects auctioned between July and November 2025 demonstrate positive project economics under modeled assumptions, according to Mercom India Research’s newly released report.
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Ola Electric unveils first fully made-in-India residential battery storage system
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.
SECI concludes 1.2 GW solar plus 3,600 MWh storage tender at $0.035/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 yielded a tariff of INR 3.12/kWh ($0.035/kWh).
Power Mech awarded 2 GWh battery storage project in India
Power Mech Projects Ltd has secured a contract to develop 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. The agreement includes a greenshoe option for an additional 250 MW / 1,000 MWh at the Durgapur Project Ltd (DPL) campus. Awarded by West Bengal State Electricity Distribution Co. Ltd (WBSEDCL), the project features a 100% off-take guarantee.
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