Tag
Energy Storage
10 articles
India's energy storage sector is experiencing rapid expansion, fueled by government initiatives and growing demand for renewable energy solutions. Recent developments highlight significant capacity additions, with approvals for 5,000 MW of floating solar and substantial domestic solar manufacturing growth. Companies like Amara Raja and Solarworld are reporting strong revenue increases, while Ola Electric demonstrates accelerating auto revenue and improved EBITDA. These advancements, alongside expansions in distribution networks by Fujiyama Power Systems, signal a robust outlook for the sector, though profitability pressures remain a consideration for some players as they invest in new manufacturing capabilities.
Exide Industries Invests ₹200 Crore in Lithium Subsidiary
Exide Industries invested ₹199.99 crore in its wholly owned subsidiary Exide Energy Solutions Limited (EESL) on a rights basis on 18th August 2026.
The investment is part of a ₹1400 crore approved cap
India Approves ₹5,070 Crore 5,000 MW Floating Solar Scheme
Indian government approved Pradhan Mantri Surya Sarovar Yojana with ₹5,070 crore outlay for 5,000 MW floating solar capacity with 10,000 MWh energy storage.
India's solar capacity grew from 3 GW in 20
India Approves 5,000 MW Floating Solar Scheme
Indian government approved ₹5,070 crore Pradhan Mantri Surya Sarovar Yojana to develop 5,000 MW floating solar capacity with 10,000 MWh energy storage.
India's solar capacity reached 162.15 GW by June
AHAsolar Receives NLC India Renewables Consultancy Work Order
AHAsolar Technologies received a domestic consultancy work order from NLC India Renewables Limited for multiple renewable energy projects.
The work order covers consultancy for a 250MW/500MWh BESS pro
Amara Raja Q1 FY27 Revenue Up 24% YoY
Amara Raja reported Q1 FY27 consolidated revenue of INR4,215 crores, a 24% YoY growth, with lead acid business contributing 95% and new energy up over 70%.
Standalone EBITDA margin moderated to 10.1%
Quality Power Q1 FY27 Net Profit Up 49% YoY
Quality Power reported Q1 FY27 consolidated revenue of INR256.4 crore with a PAT of INR46.7 crore, noting a 49% YoY EPS increase to INR4.66.
The company held an earnings conference call to discuss Q1
Solarworld Q1FY27 Revenue Up 24% YoY to ₹1.78B
Solarworld reported Q1FY27 consolidated revenue of ₹1,780.3 million, up 24% YoY, with PAT of ₹95.0 million.
Company secured entry into Battery Energy Storage Systems (BESS) with multiple PSU orders an
Solarworld Q1 Revenue Up 121% YoY to ₹1780M
Solarworld reported Q1 FY27 unaudited results with total income surging 121% YoY to ₹1780.3 million driven by EPC segment performance.
Profitability declined with PAT down 26% YoY to ₹95.0 million and
Ola Electric Q1 FY27 Revenue Up 72% Sequentially
Ola Electric submitted transcript of Q1 FY27 earnings call held on August 7, 2026, discussing unaudited financial results.
Company reported 72% sequential auto revenue growth to ₹455 crore with 30.5%
Fujiyama Q1 Revenue Surges 125% YoY
Fujiyama Power Systems reported Q1 FY27 revenue of Rs. 13,457 Mn, up 125.3% YoY, with EBITDA at Rs. 2,548 Mn, up 140.6% YoY.
The company expanded its distribution network by adding 1,000+ dealers, 80+