Storage Market Policy
The lithium carbonate market has remained highly volatile this year amid expectations of stronger global supply of the key battery material. Lithium carbonate futures in...
As renewable energy penetration rises, battery storage is becoming critical for addressing the intermittency of solar and wind, managing curtailment, and supplying firm...
Global markets for air conditioners have expanded rapidly in recent years. Annual AC unit shipments are now 25% higher than they were five years ago, driven largely by...
China added 189 GWh of battery energy storage systems in 2025, surpassing the rest of the world combined, according to a report by Ember. The country accounted for more...
The Bihar Electricity Regulatory Commission (BERC) has approved the proposed energy accounting mechanism and revised power purchase agreement (PPA) for a 275 MW rooftop...
Further growth in solar generation without adequate expansion in energy storage will add to grid stress, a working paper released by the Economic Advisory Council to the...
The Ministry of Finance has issued a notification amending the customs duty exemption applicable to machinery used in lithium-ion cell manufacturing by replacing the...
The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved the tripartite battery energy storage purchase agreements signed between state distribution...
India’s battery energy storage market will require stronger market design, phased domestic manufacturing, better monetization mechanisms, and continued policy...
Battery energy storage deployment in India might be expanding at scale, but the market still needs better project structuring, realistic tariffs, supply chain...
India’s renewable energy sector is rapidly moving beyond standalone solar and wind projects toward hybrid, storage-backed, and round-the-clock power solutions, as the...
Lineage Power, a material subsidiary of Pace Digitek, has signed an agreement with Guangzhou Rongjie Energy Technology (RJE Tech) to procure 3 GWh of lithium iron...
Europe installed 36 GWh of battery energy storage system capacity in 2025, marking the 12th consecutive year of record annual additions, according to a report by...
Energy storage systems have emerged as a critical pillar of India’s clean energy transition strategy due to their potential to enhance grid reliability,...
The Telangana Electricity Regulatory Commission (TGERC) has approved the procurement of 375 MW/1,500 MWh of battery energy storage capacity, proposed by distribution...
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