India added 4.6 GWh of battery energy storage capacity in the first quarter (Q1) of 2026, a 941% increase from 442.7 MWh added in Q4 2025, according to Mercom India Research’s Q1 2026 India’s Energy Storage Landscape Report. The country’s cumulative installed battery energy storage capacity reached 5.9 GWh as of March 2026.

India’s solar manufacturing ecosystem remains heavily skewed toward modules. In 2025, nearly 119 GW of module manufacturing capacity was added, compared to just over 9 GW of solar cell manufacturing capacity, highlighting the need for greater upstream integration. Industry experts noted that solar cell manufacturing is far more capital-intensive and technologically demanding than module assembly, requiring continuous process optimization and frequent technology upgrades to remain globally competitive.

REC Power Development and Consultancy announced the winner of its auction to set up a 400/132 kV air-insulated substation in Jalna district, Maharashtra, on a build-own-operate-and-transfer basis.

PFC Consulting announced the winner of its auction to establish an interstate transmission system (ISTS) to evacuate renewable energy for 3 GW of green hydrogen/ammonia projects in Kakinada, Andhra Pradesh.

PFC Consulting announced the winner of the auction to set up an ISTS to evacuate 3 GW of renewable energy from the Kurnool IV Renewable Energy Zone Phase II in Andhra Pradesh.

The Chhattisgarh State Electricity Regulatory Commission approved an average tariff increase of 6.23% across consumer categories for the financial year 2026-27, amounting to ₹0.42 (~$0.0044)/kWh.

Unveiling the Viksit Gujarat Industrial Policy 2026, the Gujarat government identified the manufacturing of renewable energy equipment, battery storage, green hydrogen, and nuclear power equipment as priority areas for industrial development.

Punjab Energy Development Agency invited bids for the design, manufacture, supply, testing, and installation of 10 MW of grid-connected rooftop/ground-mounted solar systems at government building sites across the state and Chandigarh.

Tripura State Electricity Corporation invited bids to install 21 MW of grid-connected rooftop solar systems for residential consumers in Belonia Electrical Circle. The tender has been issued under Package I, Lot 1/17, of the PM Surya Ghar: Muft Bijli Yojana under the utility-led aggregation CAPEX model.

NTPC Renewable Energy (NTPC REL) announced the winner of its auction for the engineering, procurement, and construction (EPC) of a 250 MW solar project with a 50 MW/200 MWh battery energy storage system in Sitapur, Uttar Pradesh.

NTPC REL invited bids for an EPC package to develop a 500 MW/2,200MWh ISTS-connected battery energy storage system at its Shimboo ka Burj Solar Project in Rajasthan.

NTPC REL invited bids for the land and power evacuation package to develop 500 MW of ISTS-connected solar projects in Ananthapuram, Andhra Pradesh.

NTPC REL, a wholly-owned subsidiary of NTPC Green Energy, issued an EPC tender to set up a 300 MW/1,200 MWh ISTS-connected battery energy storage system at its 300 MW Nokhra Solar Project in Rajasthan.

Commercial and industrial consumers are increasingly looking beyond renewable energy procurement to reduce electricity costs, with energy efficiency upgrades emerging as another avenue to lower operating expenses. One such example is a commercial mall in Mumbai that is expected to save ₹217 million (~$2.29 million) over the life of its upgraded heating, ventilation, and air conditioning system through a retrofit completed without any upfront capital expenditure.

Gurgaon-based independent power producer ACME Solar Holdings commissioned an additional 33.331 MW/120.384 MWh of battery energy storage capacity in Badi Sid village, Rajasthan, through its wholly owned subsidiary, ACME Sun Power.

Surat-based solar module manufacturer Navitas Solar will invest approximately ₹15 billion (~$170 million) to establish a 3.6 GW solar cell manufacturing facility and a pilot wafer-ingot production line in Gujarat. The expansion aims to increase Navitas’ operations across the solar manufacturing value chain through backward integration.

Mumbai-based residential rooftop solar company, SolarSquare, raised $53 million (~₹5.02 billion) in a Series C funding round led by B Capital, with participation from existing investors Lightspeed, Elevation Capital, Lowercarbon, Rainmatter by Zerodha, and Good Capital. The company said the latest investment brings its total capital raised to more than $100 million (~₹9.46 billion).