The standalone energy storage market in India | IEEFA
Beyond contracting delays, the sector faces structural hurdles related to supply chains, manufacturing and financing. India''s installed BESS capacity remains limited, with most
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IEEFA and JMK Research & Analytics Report: India''s Standalone
The report also highlights that the government''s viability gap funding (VGF) scheme—offering up to 30% capital support for standalone BESS projects—has been a major
India''s First Commercial Utility-Scale Battery Energy Storage
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Standalone energy storage systems account for 64
Standalone Energy Storage Systems (ESS) are becoming the backbone of India''s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new
Standalone energy storage projects nearly 65% of issued Q1 tenders in India
Such projects are increasing, thanks to government support. Standalone energy storage system (ESS) projects in India are gaining more attention as they account for 64% of
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Energy Storage Market in India
Solar and wind power supply fluctuates, Energy storage systems (ESS) play a crucial role in smoothening out this intermittency and enabling a continuous supply of energy when needed. Thus, for sustainable renewable energy
Project Finance 2024
Project financing is based on long-term cash flows being generated by projects after commissioning, and there is an acute requirement for more long-term capital to provide infrastructure financing. Furthermore, the
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India''s First Utility-Scale Standalone Battery Energy
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India awarded 7.6 GW of battery storage via tenders
India awarded 5.4 GW of colocated solar plus battery energy storage systems (BESS) and 2.2 GW of standalone BESS to developers in the first half of 2025. This marks the nation''s highest BESS allocation to date, says
6 FAQs about [Mobile ESS unit project financing options in India 2025]
Is ESS the cornerstone of India's utility-scale ESS auctions?
“The transition to low-cost, Standalone Energy Storage Systems (ESS) are emerging as the cornerstone of India’s utility-scale ESS auctions, making up 64% of the total tenders floated between January and March 2025, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.
How many GW of ESS are there in 2025?
In the first quarter of 2025, Standalone ESS tenders reached 6.1 gigawatts (GW), which accounted for 64% of all utility-scale energy storage tenders, which included all other use cases of ESS such as Standalone ESS, renewable energy + ESS, and Firm and Dispatchable Renewable Energy (FDRE).
How many energy storage tenders are there in 2025?
Standalone Energy Storage Systems (Standalone ESS) tenders reached 6.1 gigawatts (GW), which accounted for 64% of all utility-scale energy storage tenders in the first quarter of 2025, according to a report. “This capacity, issued across 11 tenders in just three months has already surpassed the total issuance in 2024.
How many GW of ESS capacity did Indian agencies tender in 2025?
The report highlights that Indian agencies collectively issued tenders for 6.1 gigawatts (GW) of Standalone ESS capacity during the first quarter of 2025.
What is standalone ESS?
As the country rapidly scales up variable renewable energy (VRE), Standalone ESS offers a dispatchable solution to address the intermittency of renewables, support grid stability, and optimise energy usage.
What challenges are facing the young ESS market?
Despite the strong early momentum, the young Standalone ESS market still faces challenges similar to those affecting other areas of India’s energy transition.