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					</table>The Central Electricity Authority’s (CEA) proposal to <a href="https://www.mercomindia.com/ceas-proposed-storage-mandate-could-reshape-solar-and-wind-project-economics?utm_source=chatgpt.com" target="_blank" rel="noopener">mandate</a> co-located energy storage systems for new ground-mounted solar and onshore wind projects could fundamentally change how renewable energy projects are designed.
The Uttar Pradesh Electricity Regulatory Commission <a href="https://www.mercomindia.com/up-regulator-allows-uppcl-to-procure-power-at-previous-years-purchase-cost?utm_source=chatgpt.com" target="_blank" rel="noopener">allowed</a> Uttar Pradesh Power Corporation to continue procuring electricity from certain renewable energy generators at the previous year’s average power purchase cost.
The Jharkhand State Electricity Regulatory Commission <a href="https://www.mercomindia.com/jharkhand-regulator-rejects-steel-rope-firms-rpo-recalculation-plea?utm_source=chatgpt.com" target="_blank" rel="noopener">rejected</a> a steel rope manufacturing company’s petition seeking recalculation of its Renewable Purchase Obligation liability.
The Delhi Electricity Regulatory Commission <a href="https://www.mercomindia.com/delhi-regulator-rejects-bees-%E2%82%B9125-million-penalty-claim-against-ndmc?utm_source=chatgpt.com" target="_blank" rel="noopener">rejected</a> the Bureau of Energy Efficiency’s claim seeking a penalty of ₹125.44 million (~$1.33 million) from the New Delhi Municipal Council.
The Maharashtra Electricity Regulatory Commission <a href="https://www.mercomindia.com/maharashtra-regulator-adopts-tariff-for-renewable-energy-transmission-project?utm_source=chatgpt.com" target="_blank" rel="noopener">adopted</a> annual transmission charges of ₹1.45 billion (~$15.90 million) for a renewable energy evacuation transmission project.
Pharmaceutical company Shilpa Medicare will <a href="https://www.mercomindia.com/shilpa-medicare-to-source-solar-power-from-neogreens-13-mw-project?utm_source=chatgpt.com" target="_blank" rel="noopener">source</a> 13 MW of solar power from NeoGreen Power in a group captive arrangement for its operations in Karnataka.
Ceramic and vitrified tiles manufacturer Kajaria Ceramics <a href="https://www.mercomindia.com/kajaria-ceramics-to-procure-power-from-sunsures-20-mw-wind-solar-project?utm_source=chatgpt.com" target="_blank" rel="noopener">signed</a> a long-term power purchase agreement with Sunsure Energy to procure solar and wind power for its manufacturing facilities.
Indian Energy Exchange <a href="https://www.mercomindia.com/iex-clocks-record-monthly-trading-volume-in-august-rises-to-13-94-bu?utm_source=chatgpt.com" target="_blank" rel="noopener">recorded</a> its highest-ever monthly electricity traded volume of 13,938 million units in August 2026, an increase of 20.2% year-on-year.
Hyderabad-based power electronics startup Leanwatts <a href="https://www.mercomindia.com/leanwatts-raises-2-million-seed-funding-to-expand-power-electronics-platform?utm_source=chatgpt.com" target="_blank" rel="noopener">raised</a> approximately $2 million (₹181.5 million) in seed funding across two tranches, led by Trivest Partners.
Electric vehicle manufacturer Ola Electric Mobility’s board of directors <a href="https://www.mercomindia.com/ola-electric-board-approves-%E2%82%B915-billion-fundraise-plan?utm_source=chatgpt.com" target="_blank" rel="noopener">approved</a> a resolution to raise up to ₹15 billion (~$158.84 million) through equity shares and other securities.
Tunisia’s Ministry of Industry, Mines and Energy <a href="https://www.mercomindia.com/tunisia-awards-455-mw-of-solar-projects-in-sixth-authorization-round?utm_source=chatgpt.com" target="_blank" rel="noopener">awarded</a> contracts to developers for 309 solar projects, with a cumulative capacity of 455 MW.
The U.S. <a href="https://www.mercomindia.com/us-adds-record-20-2-gwh-of-energy-storage-capacity-in-q2-2026?utm_source=chatgpt.com" target="_blank" rel="noopener">added</a> a record 6.7 GW/20.2 GWh of battery energy storage system capacity in the second quarter of 2026, according to the U.S. Energy Storage Market Outlook by the Solar Energy Industries Association and Benchmark Mineral Intelligence.
The Middle East and North Africa region’s cumulative solar and wind capacity is <a href="https://www.google.com/goto?url=CAESlgEB6zswFYOCHPfx0q0tod1wEsvNrrcsTHV3Qo6ZJFO0vYUnQGKWzVr9skUAIsIO7r769Tlk2d0ZKREIMfDJbK8ZYmZ8vUijC9pJYqIIsVKsAYE_tW0FjhuIdBjNKKejeP58ZHdwyKJTf3Cj-XgVBWJ1bB8-UYNAI45nEjtvx5M0d7IgDvkdtI9tcOzKMBAOiDyxaVPEJyw" target="_blank" rel="noopener">projected</a> to reach 404 GW by 2035, up from 49 GW currently. The report stated that MENA installed a record 16 GW of solar and wind capacity in 2025 and is expected to increase annual additions by 37% in 2026.

Daily News Wrap-Up: CEA Storage Mandate Could Reshape Project Economics

The U.S. energy storage system (ESS) market registered a record growth in new system installations with 4,727 MWh in the fourth quarter (Q4) of 2021, according to global research and consultancy firm Wood Mackenzie.
The latest ‘U.S. Energy Storage Monitor Report’ released by Wood Mackenzie in collaboration with American Clean Power Association (ACP) noted that Q4 2021 witnessed more capacity installed than the first three quarters combined.
While the grid-scale storage struggled to meet the expectations, the residential and non-residential storage segments contributed to the overall growth in the year and the final quarter.
Grid-scale ESS
The grid-scale energy storage segment nearly tripled year-over-year (YoY) to 3 GW/9.2 GWh in 2021. The segment was held back due to supply chain challenges delaying over 2 GW of capacity into 2022 and 2023. According to Wood Mackenzie, the delays in supply chain and interconnection queue processing will persist through 2024.
Vice President for Energy Storage at American Clean Power, Jason Burwen, said, “2021 was yet another record for the U.S. energy storage market, with annual installations of multiple gigawatts for the first time. Despite supply tightness leading to some project delays, the grid-scale market is still on track for exponential growth.”
The report outlines that the system component price gains were affected due to price rise in raw materials and transportation.
Residential ESS
According to the report, Q4 2021 saw the residential ESS segment reaching a new record high with 123MW installed capacity, surpassing the previous high of 110 MW installed in Q1 2021. The increase in the solar-plus-storage sales in markets outside California resulted in taking the national annual to 436 MW, setting a new quarterly benchmark.
The report predicts that by 2026, annual ESS installations in the residential segment are likely to hit 2GW/ 5.4GWh — with frontrunners in California, Puerto Rico, Texas, and Florida leading the specific market segment.
Wood Mackenzie analyst Chloe Holden observed, “Puerto Rico’s position in the residential U.S. solar-plus-storage market comes as no surprise, and demonstrates how outages can drive battery adoption, with thousands of new residential installs emerging each quarter and competition increasing between local installers. Outages in Puerto Rico also drive customers to recognize the added value of resilience that solar-plus-storage systems offer, despite premium pricing and lack of incentive programs. This is also driving solar-plus-storage market growth in Florida, the Carolinas, and parts of the Midwest.”
The report also found that California storage markets remain resilient as the policy and market developments help the growing solar market.
The non-residential ESS segment delivered 131MWh in Q4 2021, resulting in 162MW/ 350MWh of total installations in the year. The demand was driven by increased storage attachment rates with the community solar markets of New York and Massachusetts.
The U.S. Department of Energy recently <a href="https://mercomindia.com/us-department-of-energy-to-invest/" target="_blank" rel="noopener">issued</a> two notices of intent to invest $2.91 billion to enhance the production of advanced batteries to boost the growing electric vehicle and energy storage segment.
According to Wood Mackenzie’s recent <a href="https://mercomindia.com/global-lithium-ion-battery-capacity-to-increase-five-fold/" target="_blank" rel="noopener">analysis</a>, the cumulative lithium-ion battery capacity will likely rise over five-fold to 5,500 GWh between 2021 and 2030.
Wood Mackenzie had previously <a href="https://mercomindia.com/us-installs-3-51-gwh-new-energy-storage-capacity/" target="_blank" rel="noopener">reported</a> that the U.S. installed 3.51 GWh of new energy storage in Q3 of 2021.

US Installs a Record 4.7 GWh of Energy Storage Capacity in Q4 2021

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