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Ola Electric to expand battery cell capacity to 20 GWh by next year Ola Electric Mobility plans to expand its battery cell manufacturing capacity from 6 GWh to 20 GWh by next year, supported by fresh capital raised at the cell manufacturing entity level, according to Bhavish Aggarwal, the company’s founder, chairman, and managing director.
Uma Gupta
Jun 01, 2026
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India’s energy storage market set for breakout year in 2026 After a record year for energy storage tenders in 2025, projects awarded since mid-2023 are expected to begin commissioning in 2026, reflecting typical development timelines of 18 to 24 months.
Uma Gupta
Jan 07, 2026
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Gensol secures additional 250 MW/500 MWh in GUVNL’s battery storage project In India, Gensol Engineering Ltd has secured the full 500 MW/1,000 MWh capacity of the standalone battery energy storage project from Gujarat Urja Vikas Nigam Ltd (GUNVL) with an additional allotment of 250 MW (500 MWh) under a greenshoe option.
Uma Gupta
Jun 20, 2024
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Energy Storage Systems
India’s Gensol wins 250 MW/500 MWh standalone battery storage tender Indian EPC provider Gensol Engineering Ltd has won the 250 MW/ 500 MWh standalone battery storage tender run by Gujarat Urja Vikas Nigam Ltd (GUVNL), quoting the lowest price of INR 3.72 lacs ($4,450)/MW/month.
Uma Gupta
Jun 12, 2024
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energy storage systems
India allocates 480 MW renewables-plus-storage at $0.068/kWh The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable renewable energy in a demand-following manner.
Uma Gupta
Mar 14, 2024
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