Energy Storage

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Saatvik Enters Energy Storage Market, Aims for 20 GW Capacity in Five Years

Haryana-based solar manufacturer Saatvik Green Energy has entered the energy storage market through its subsidiary, Saatvik Power Storage Solutions. The subsidiary,...

March 13, 2026

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Melvin Mathew

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Energy Storage

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Solar
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ACME Commissions 142.67 MW/481.49 MWh Energy Storage Capacity in Rajasthan

Gurgaon-based independent power producer ACME Solar Holdings has commissioned 142.67 MW/481.49 MWh battery energy storage system (BESS) capacity in Rajasthan through its...

March 13, 2026

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Parth Shukla

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Energy Storage

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Press Releases
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Ashok Leyland Breaks Ground on Battery Pack Facility in Tamil Nadu

Ashok Leyland, the automobile company owned by the Hinduja Group, has broken ground on a greenfield battery pack manufacturing facility in Pillaipakkam, Tamil Nadu, with...

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Global Long-duration Energy Storage System Installations Cross 15 GWh in 2025

Global installations of long-duration energy storage (LDES) systems surpassed 15 GWh in 2025, marking a 49% increase compared with the previous year, according to Wood...

March 12, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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Punjab Invites Bids for 500 MW/1,000 MWh Standalone Battery Storage Systems

Punjab State Power Corporation (PSPCL) has invited bids to set up 500 MW/1,000 MWh battery energy storage systems in Mohali and Jalandhar. The last date to submit bids...

March 11, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Himachal Pradesh Tenders 6 MW Solar, 4.2 MWh Battery Storage Project

The Himachal Pradesh Power Corporation (HPPCL) has floated a tender to set up a 6 MW solar project with a 2.1 MW/4.2 MWh battery energy storage system (BESS) at Tihra...

March 10, 2026

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Parth Shukla

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Energy Storage

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Solar

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Tenders & Auctions
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Tunisia Invites Bids for 300 MW Solar Plus 150 MW/540 MWh Battery Storage Project

Tunisia’s Ministry of Industry, Mines, and Energy has invited bids to develop a 300 MW solar power project with a 150 MW/540 MWh battery energy storage system. The...

March 9, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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MSEDCL Gets Approval to Procure 4 GWh Battery Storage Capacity

The Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company’s (MSEDCL) proposal to procure 2 GW/4 GWh...

March 9, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Execution Risks Loom for Indian Battery Storage Developers as Tariffs Drop Sharply

India’s standalone battery energy storage system (BESS) tenders and storage-linked renewable energy auctions have seen bid prices fall sharply, intensifying concerns...

March 9, 2026

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Meghana Prasad

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Energy Storage

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Mercom Research Focus
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POWERGRID Invites Bids for 100 MW/200 MWh Battery Storage Project in Punjab

Power Grid Corporation of India (POWERGRID) has invited bids to set up a 100 MW/200 MWh battery energy storage system (BESS) at the 220 kV Bhatinda substation in Punjab....

March 9, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Rajasthan Adopts Tariff for 2 GWh Standalone Battery Storage Projects

The Rajasthan Electricity Regulatory Commission (RERC) has adopted a tariff of ₹285,000 (~$3,106.52)/MW/month for 500 MW/2,000 MWh standalone battery energy storage...

March 9, 2026

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Meghana Prasad

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Energy Storage

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Market & Policy
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POWERGRID Seeks Partner for PSPCL’s 100 MWh Battery Storage Project

Power Grid Corporation of India (POWERGRID) has invited bids to select a consortium partner to set up a 50 MW/100 MWh standalone battery storage project in Bhatinda,...

March 6, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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POWERGRID Invites Bids for 50 MW/100 MWh Battery Storage Project in Punjab

Power Grid Corporation of India (POWERGRID) has invited bids to set up a 50 MW/100 MWh battery energy storage system (BESS) project in Patiala, Punjab. The project forms...

March 6, 2026

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Meghana Prasad

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Energy Storage

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Tenders & Auctions
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Stem Narrows Loss in Q4 2025 as Utility-Scale Market Expansion Gains Traction

U.S.-based smart energy storage company Stem reported a revenue of $47.2 million in the fourth quarter (Q4) of 2025, a year-over-year (YoY) decline of 15.4% from $55.8...

March 6, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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POWERGRID Floats Tenders to Set Up 300 MW/600 MWh Battery Storage Systems

Power Grid Corporation of India (POWERGRID) has floated tenders to set up three standalone battery energy storage systems (BESS) of 100 MW/200 MWh each in Punjab. One...

March 5, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions

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