India energy storage boom: Battery capacity set to jump tenfold in 2026

India's battery storage capacity is set for a massive surge, potentially reaching 5 GWh in 2026, a tenfold increase from 2025. This boom follows record tendering activity, with projects now moving into execution. Key challenges include project performance and securing financing amidst falling tariffs. Major installations and policy support are driving this transformative growth.

India energy storage boom: Battery capacity set to jump tenfold in 2026
India's battery storage capacity is set for a massive surge, potentially reaching 5 GWh in 2026, a tenfold increase from 2025. This boom follows record tendering activity, with projects now moving into execution. Key challenges include project performance and securing financing amidst falling tariffs. Major installations and policy support are driving this transformative growth.