Renewable energy companies ramp up Battery Energy Storage System adoption.

As India accelerates renewable energy capacity additions, solar energy companies are increasingly investing in Battery Energy Storage Systems (BESS) manufacturing to address the growing need for reliable power storage solutions.

Waaree Energies, the country’s largest solar module manufacturer, has set a target of achieving 20 Gigawatt Hours (GWh) of BESS capacity by FY28. The planned capacity will include manufacturing of battery cells, battery packs and utility-scale BESS containers.

Through its subsidiary, Waaree Energy Storage Solutions, the company has proposed a capital expenditure of ₹10,000 crore for the BESS business, including an ₹8,000-crore battery gigafactory in Andhra Pradesh. Waaree expects around 3.5 GWh of BESS production capacity to become operational by FY27.

Meanwhile, Vikram Solar has announced plans to build 15 GWh of BESS capacity by 2030. The Kolkata-based company will initially focus on assembling battery packs and containerised storage systems using externally sourced cells, while also targeting 7.5 GW of integrated battery cell manufacturing capacity in the long term.