SUBSCRIBE NEWS LETTER

battery energy storage systems

Rajasthan Sets Stage for RE Push with New Open Access Rules

The Rajasthan Electricity Regulatory Commission (RERC) has released draft regulations for Green Energy Open Access (GEOA), aiming to streamline renewable power procurement through intra-state transmission networks under the Electricity Act, 2003. The proposed framework will govern open access to electricity from renewable sources—both captive and third-party—across Rajasthan. The move is part of a broader effort […]

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NGEL Wins NHPC’s 80 MW/320 MWh BESS Project In Kerala

NTPC Green Energy Limited (NGEL) has successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC Limited on May 21, 2025. NTPC’s renewable energy arm, NGEL secured a cumulative capacity of 80MW/320MWh/Month under the competitive bidding process. Whereas, Gujarat-based Opera Energy secured a 15 MW/50 MWh project for Rs. Rs. 4.38 Lac/MW/Month. […]

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BESS Installs In Europe Grow 15% In 2024, Future Growth Expected To Jump

Europe experienced another year of record installations for battery storage, despite slower year-on-year growth, according to the  European Market Outlook for Battery Storage by Solar Power Europe. Europe installed 21.9 GWh of battery energy storage systems (BESS) in 2024, marking the eleventh consecutive year of record installations, and bringing Europe’s total battery fleet to 61.1 […]

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Waaree Energies Acquires Kamath To Scale Transformer Business

Mumbai-based Waaree Energies said its Board has approved the acquisition of Kamath Transformers Private Limited, with the transaction expected to be completed in the 2025-26 financial year. In a regulatory filing, Waaree said Kamath Transformers is a “well-established and progressive company in transformer manufacturing,” with revenues of ₹257.3 crore in FY22, ₹544.1 crore in FY23, […]

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Waaree-Backed Solfin Disburses ₹100cr Solar Loans In 9 Months

Solfin, a tech-led renewable energy finance platform backed by Waaree Group, has disbursed more than ₹100 crore in solar loans within nine months of launching operations. The milestone follows a ₹100 crore strategic investment from Waaree Sustainable Finance Pvt. Ltd., the financing arm of Waaree Group. Solfin operates as a non-banking financial company (NBFC) and […]

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Waaree Announces $200mn Investment To Expand US Operations

Waaree Solar Americas Inc., a wholly owned subsidiary of India-based Waaree Energies Ltd., announced an additional investment of $200 million in the United States at the SelectUSA Investment Summit hosted by the U.S. Department of Commerce. The new investment will focus on battery energy storage systems, aimed at boosting the company’s technological capabilities and supporting […]

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Mindra Starts Gigafactory In Gujarat For PV Inverters, EV Chargers

Mindra Group, a firm specialising in the manufacturing of solar inverters and Electric Vehicle (EV) chargers, has started production from its new Gigafactory in Ahmedabad, Gujarat. The firm has now shifted all its manufacturing processes to the new production house in Gujarat. “On April 30, 2025, Mindra Group took a monumental step towards India’s electric […]

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GERC Approves BESS Project Tariff, Blames GUVNL For Delays

The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs discovered through a competitive bidding process for the development of 500 MW/1000 MWh standalone Battery Energy Storage Systems (BESS) in Gujarat, despite flagging concerns over procedural lapses by state utility GUVNL. The bidding, part of Phase IV of GUVNL’s global tender, attracted 15 technically qualified bidders […]

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Wattpower Eyes BESS, C&I Segment To Diversify Products

Indian inverter manufacturer Wattpower Systems is set to expand into the commercial and industrial (C&I) solar market and begin manufacturing battery energy storage systems (BESS). The firm has planned to undertake the new projects within the next six to eight months, the top management of the firm told Saur Energy. The Chennai-based firm, which started […]

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