⚡ Quick Read What happened: Exide Industries has invested INR 450 crore into its subsidiary, Exide Energy Solutions Ltd (EESL), through a rights issue of 112.5 million shares. Why it matters: This capital infusion accelerates the development of EESL’s greenfield lithium-ion manufacturing facility in Bengaluru, strengthening domestic supply chains for stationary storage and EV markets….
⚡ Quick Read What happened: The U.S. installed a record 18.9 GW/51 GWh of energy storage in 2025, a 52% YoY increase, with utility-scale projects accounting for over 16 GW. Why it matters: The massive scale-up demonstrates the impact of federal tax credits and falling system costs, providing a blueprint for global storage deployment trends….
⚡ Quick Read What happened: MECON has issued an Expression of Interest (EoI) for green hydrogen pilot projects in the steel sector, with a submission deadline of April 8, 2026. Why it matters: This initiative offers a strategic entry point for EPC contractors with steel industry experience to participate in the National Green Hydrogen Mission’s…
⚡ Quick Read What happened: Oriana Power has bagged EPC contracts for three solar-plus-storage projects in Jodhpur, Rajasthan, totaling 32 MW of solar capacity and 20 MWh of BESS. Why it matters: The deal highlights the growing demand for integrated C&I solar-storage solutions, offering a blueprint for EPC contractors to capture high-value hybrid project opportunities….
⚡ Quick Read What happened: The Ministry of Heavy Industries confirmed that land acquisition is complete for 40 GWh of battery manufacturing capacity awarded to Rajesh Exports, Ola Electric, and Reliance New Energy under the PLI-ACC scheme. Why it matters: While land is secured, only 1 GWh of the 50 GWh target is currently commissioned,…
⚡ Quick Read What happened: India is accelerating the digitalisation of its electric infrastructure to address grid complexities, with AI-driven smart metering and AMI implementation targeting a $10 billion annual revenue leakage. Why it matters: EPC contractors and developers can leverage AI-backed grid data to optimize project planning, reduce technical losses, and align with government-led…
⚡ Quick Read What happened: India added 547 MWh of battery energy storage capacity in 2025, marking a 26% year-on-year increase and bringing the cumulative total to 1,082 MWh. Why it matters: Solar-plus-storage projects now dominate the landscape, signaling a shift in project design requirements for developers and EPCs aiming to manage renewable intermittency. Watch:…
⚡ Quick Read What happened: Sanathan Polycot, a subsidiary of Sanathan Textiles, is investing ₹480 million to acquire a 26% stake in Serentica Renewables India 33 to source power from a 38 MW wind-solar hybrid project. Why it matters: This captive arrangement highlights the growing trend of power-intensive textile manufacturers leveraging hybrid renewable energy to…
⚡ Quick Read What happened: ReNew Energy Global has agreed to sell its 100 MW solar project in Tamil Nadu to France-based Technique Solaire Group for $49 million, yielding approximately $24 million in cash. Why it matters: This divestment highlights the growing secondary market for operational solar assets in India, allowing major developers to recycle…
⚡ Quick Read What happened: POWERGRID has issued two tenders for an ISTS to evacuate power for green hydrogen/ammonia projects in Visakhapatnam, involving 765 kV and 400 kV transmission lines. Why it matters: This project signals the critical infrastructure expansion required to support India’s green hydrogen mission, offering significant opportunities for large-scale transmission EPC contractors….