In Short : Torrent Power has invited bids for 200 MW of Firm and Dispatchable Renewable Energy (FDRE) with battery storage, plus a 100 MW greenshoe option. Open to solar, wind, or hybrid projects, the tender requires ISTS connectivity, strict performance criteria, and BIS-approved technologies. The 25-year PPA aims to boost reliable, renewable-based power supply […]
Battery Storage Revolution: Massive Cost Drop Sparks Global Clean Energy Shift – EQ
In Short : Battery Energy Storage System (BESS) costs have plummeted by 80% over the past decade, driven by advancements in lithium-ion technology and manufacturing efficiencies. The levelized cost dropped from ₹7.9 million/MWh in 2015 to ₹1.7 million/MWh in 2024. With profitability rising and deployments accelerating globally, BESS is emerging as a key enabler of […]
India’s Battery Storage Capacity Soars with Record Sixfold Growth in 2024 – EQ
In Short : India added 341 MWh of battery storage in 2024—a sixfold jump from 51 MWh in 2023—taking total cumulative capacity to 442 MWh. About 60% of the capacity came from solar-plus-storage systems, 36% from other renewables, and 4% from standalone units. Pumped hydro storage also stands at a substantial 4.7 GW. In Detail […]
Tamil Nadu Accelerates Clean Energy Transition with 1000 MWh Battery Storage Rollout – EQ
In Short : Tamil Nadu’s battery storage push gains ground as three firms win the tender for 1,000 MWh systems. NLC India Renewables, Bondada Engineering, and Oriana Power will deploy storage units to support the state’s renewable energy supply. The projects, to be completed in 18 months, aim to stabilize the grid and enhance power reliability […]
India’s Battery Storage Market to Top $1 Billion in 2025 Amid Financing Hurdles: IEA – EQ
In Short : Battery storage investment in India is projected to exceed $1 billion in 2025, fueled by the growing need for renewable energy integration, according to the IEA. However, high financing costs—up to 80% above developed nations—pose a major hurdle. The IEA emphasizes that reducing capital barriers is essential to accelerate battery deployment and […]
India Unveils ₹5,400 Cr Boost for Battery Storage and Power Grid Overhaul – EQ
In Short : The Indian government has approved ₹5,400 crore viability gap funding for 30 GWh battery storage to boost renewable energy integration. It also announced plans for 1100 kV UHVAC transmission lines and raised land compensation under Right of Way rules. These initiatives aim to modernize grid infrastructure, attract investments, and support 24×7 clean […]
NTPC Accelerates Clean Energy Shift with Green Hydrogen, Battery Storage, and Power Distribution Plans – EQ
In Short : NTPC is expanding into power distribution, green hydrogen, and battery storage to support India’s clean energy goals. Key projects include a massive green hydrogen hub in Andhra Pradesh, seawater-based hydrogen production at Simhadri, and a CO₂ battery in Karnataka. These efforts aim to enhance sustainability, grid stability, and NTPC’s role across the […]
Govt to mandate battery storage for renewable power projects – EQ
In Short : The Indian government plans to mandate battery energy storage for renewable power projects to improve grid stability and ensure reliable energy supply. Developers may be required to install battery storage equal to 10% of project capacity. This move supports India’s goal of 500 GW renewable capacity by 2030, enhancing energy reliability and […]
Petition of the CERC for Solar PV power plant of Battery Storage at Rajnandgao, Chhattisgarh – EQ
Petition of the CERC for Solar PV power plant of Battery Storage at Rajnandgao, Chhattisgarh For more information please see below link:
UAE President witnesses launch of world’s first 24/7 Solar PV, Battery Storage gigascale project to be built in Abu Dhabi – EQ
In Short : The UAE President has witnessed the launch of the world’s first 24/7 solar PV and battery storage gigascale project in Abu Dhabi. This groundbreaking initiative aims to provide continuous renewable energy, enhancing energy security and sustainability. The project showcases the UAE’s commitment to advancing clean energy technologies and reducing carbon emissions on […]