'Battery energy storage to jump 10x in 2026'
India's battery energy storage capacity is set for a significant surge. A 10-fold jump to 5 GWh is expected in 2026, a leap from 507 MWh in 2025. This growth is driven by a large number of projects currently underway. The year 2026 will see awar...
According to the report, while 2025 was defined by unprecedented tendering activity-69 tenders totalling 102 GWh, nearly equal to all tenders issued between 2018 and 2024 combined-2026 will be the year the industry proves itself operationally, as the wave of tenders awarded since mid-2023 finally materialise into commissioned assets with typical project timelines of 18-24 months.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.