Category: All News

NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited, has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 275 MW/550 MWh standalone Battery Energy Storage System (BESS) project in Gujarat.

NIRL secured the project through GUVNL’s tariff-based competitive bidding process for 450 MW/900 MWh of standalone BESS capacity in Gujarat. The auction, conducted in August 2026 following a tender issued in June, resulted in NIRL securing 275 MW at a tariff of ₹2,31,989 per MW per month.

Under the arrangement, GUVNL will enter into a 12-year Battery Energy Storage Purchase Agreement (BESPA) with NIRL. The BESS facility will be made available to GUVNL for charging and discharging on an on-demand basis, supporting the state’s requirements for flexible energy storage.

The project will be connected to Gujarat’s transmission network, with NIRL responsible for establishing the BESS and its interconnection. The system will draw electricity from the Gujarat Energy Transmission Corporation Limited (GETCO) network for charging and inject stored power back into the grid based on dispatch instructions issued by the State Load Despatch Centre (SLDC) in consultation with GUVNL.

The BESS is required to operate at a 0.5 C-rate for both charging and discharging and must support operation in blocks ranging from 50 MW/100 MWh to 100 MW/200 MWh, up to the project’s total contracted capacity.

The project also comes with defined performance and localisation requirements. The BESS developer must maintain at least 95% annual system availability and achieve a minimum 85% AC-to-AC round-trip efficiency on a monthly basis. The Energy Management System (EMS) software must be developed indigenously in India, while refurbished battery cells will not be permitted.

The project is eligible for Viability Gap Funding (VGF) support of ₹18 lakh per MWh. Under the VGF framework, at least 20% of the total project cost in BESS procurement must meet local-content requirements, including the indigenously developed EMS software.

The award strengthens NLC India Renewables’ growing presence in the energy storage segment and contributes to Gujarat’s efforts to deploy large-scale storage infrastructure capable of supporting grid flexibility and the integration of renewable power.

Blueleaf Energy, a pan-Asian renewable energy platform owned by a fund managed by Macquarie Asset Management, and Malaysia-based electrical infrastructure solutions provider Universal Peak Sdn Bhd (UP) have achieved financial close with UOB for a 100 MW/400 MWh Battery Energy Storage System (BESS) project in Malaysia.

The project will now move into construction under a Build, Own, and Operate (BOO) model and is targeted for commissioning in mid-2027.

The facility is being developed under Malaysia’s inaugural MyBeST (Battery Energy Storage System) programme, overseen by the Energy Commission (Suruhanjaya Tenaga). The project is designed to strengthen grid reliability and flexibility while supporting greater integration of renewable energy into Malaysia’s electricity system.

The BESS project is aligned with Malaysia’s National Energy Transition Roadmap (NETR) and the country’s goal of achieving net-zero emissions by 2050. The milestone also comes alongside the launch of the Large Scale Solar 6 (LSS6) tender, reflecting Malaysia’s push to expand renewable energy and supporting infrastructure.

The project is being developed through BKHM BESS Sdn Bhd, a joint venture between Blueleaf Energy and Universal Peak. UOB is providing financing for the project.

The financial close was marked by a signing ceremony at Blueleaf Energy’s offices in Singapore, attended by senior representatives from Blueleaf Energy, Universal Peak and UOB.

Blueleaf Energy said the project, together with its wider development pipeline in Malaysia, will support the country’s energy transition by strengthening grid resilience and enabling increased renewable energy integration.

Blueleaf Energy currently has more than 1.3 GWp of projects in operation or under construction across its portfolio. Its development pipeline includes more than 13 GWp of generation capacity and approximately 7 GWh of storage assets across Southeast Asia, India and Japan.

Blueleaf Energy, a pan-Asian renewable energy platform owned by a fund managed by Macquarie Asset Management, and Malaysia-based electrical infrastructure solutions provider Universal Peak Sdn Bhd (UP) have achieved financial close with UOB for a 100 MW/400 MWh Battery Energy Storage System (BESS) project in Malaysia.

The project will now move into construction under a Build, Own, and Operate (BOO) model and is targeted for commissioning in mid-2027.

The facility is being developed under Malaysia’s inaugural MyBeST (Battery Energy Storage System) programme, overseen by the Energy Commission (Suruhanjaya Tenaga). The project is designed to strengthen grid reliability and flexibility while supporting greater integration of renewable energy into Malaysia’s electricity system.

The BESS project is aligned with Malaysia’s National Energy Transition Roadmap (NETR) and the country’s goal of achieving net-zero emissions by 2050. The milestone also comes alongside the launch of the Large Scale Solar 6 (LSS6) tender, reflecting Malaysia’s push to expand renewable energy and supporting infrastructure.

The project is being developed through BKHM BESS Sdn Bhd, a joint venture between Blueleaf Energy and Universal Peak. UOB is providing financing for the project.

The financial close was marked by a signing ceremony at Blueleaf Energy’s offices in Singapore, attended by senior representatives from Blueleaf Energy, Universal Peak and UOB.

Blueleaf Energy said the project, together with its wider development pipeline in Malaysia, will support the country’s energy transition by strengthening grid resilience and enabling increased renewable energy integration.

Blueleaf Energy currently has more than 1.3 GWp of projects in operation or under construction across its portfolio. Its development pipeline includes more than 13 GWp of generation capacity and approximately 7 GWh of storage assets across Southeast Asia, India and Japan.

Blueleaf Energy, a pan-Asian renewable energy platform owned by a fund managed by Macquarie Asset Management, and Malaysia-based electrical infrastructure solutions provider Universal Peak Sdn Bhd (UP) have achieved financial close with UOB for a 100 MW/400 MWh Battery Energy Storage System (BESS) project in Malaysia.

The project will now move into construction under a Build, Own, and Operate (BOO) model and is targeted for commissioning in mid-2027.

The facility is being developed under Malaysia’s inaugural MyBeST (Battery Energy Storage System) programme, overseen by the Energy Commission (Suruhanjaya Tenaga). The project is designed to strengthen grid reliability and flexibility while supporting greater integration of renewable energy into Malaysia’s electricity system.

The BESS project is aligned with Malaysia’s National Energy Transition Roadmap (NETR) and the country’s goal of achieving net-zero emissions by 2050. The milestone also comes alongside the launch of the Large Scale Solar 6 (LSS6) tender, reflecting Malaysia’s push to expand renewable energy and supporting infrastructure.

The project is being developed through BKHM BESS Sdn Bhd, a joint venture between Blueleaf Energy and Universal Peak. UOB is providing financing for the project.

The financial close was marked by a signing ceremony at Blueleaf Energy’s offices in Singapore, attended by senior representatives from Blueleaf Energy, Universal Peak and UOB.

Blueleaf Energy said the project, together with its wider development pipeline in Malaysia, will support the country’s energy transition by strengthening grid resilience and enabling increased renewable energy integration.

Blueleaf Energy currently has more than 1.3 GWp of projects in operation or under construction across its portfolio. Its development pipeline includes more than 13 GWp of generation capacity and approximately 7 GWh of storage assets across Southeast Asia, India and Japan.

Blueleaf Energy, a pan-Asian renewable energy platform owned by a fund managed by Macquarie Asset Management, and Malaysia-based electrical infrastructure solutions provider Universal Peak Sdn Bhd (UP) have achieved financial close with UOB for a 100 MW/400 MWh Battery Energy Storage System (BESS) project in Malaysia.

The project will now move into construction under a Build, Own, and Operate (BOO) model and is targeted for commissioning in mid-2027.

The facility is being developed under Malaysia’s inaugural MyBeST (Battery Energy Storage System) programme, overseen by the Energy Commission (Suruhanjaya Tenaga). The project is designed to strengthen grid reliability and flexibility while supporting greater integration of renewable energy into Malaysia’s electricity system.

The BESS project is aligned with Malaysia’s National Energy Transition Roadmap (NETR) and the country’s goal of achieving net-zero emissions by 2050. The milestone also comes alongside the launch of the Large Scale Solar 6 (LSS6) tender, reflecting Malaysia’s push to expand renewable energy and supporting infrastructure.

The project is being developed through BKHM BESS Sdn Bhd, a joint venture between Blueleaf Energy and Universal Peak. UOB is providing financing for the project.

The financial close was marked by a signing ceremony at Blueleaf Energy’s offices in Singapore, attended by senior representatives from Blueleaf Energy, Universal Peak and UOB.

Blueleaf Energy said the project, together with its wider development pipeline in Malaysia, will support the country’s energy transition by strengthening grid resilience and enabling increased renewable energy integration.

Blueleaf Energy currently has more than 1.3 GWp of projects in operation or under construction across its portfolio. Its development pipeline includes more than 13 GWp of generation capacity and approximately 7 GWh of storage assets across Southeast Asia, India and Japan.

Blueleaf Energy, a pan-Asian renewable energy platform owned by a fund managed by Macquarie Asset Management, and Malaysia-based electrical infrastructure solutions provider Universal Peak Sdn Bhd (UP) have achieved financial close with UOB for a 100 MW/400 MWh Battery Energy Storage System (BESS) project in Malaysia.

The project will now move into construction under a Build, Own, and Operate (BOO) model and is targeted for commissioning in mid-2027.

The facility is being developed under Malaysia’s inaugural MyBeST (Battery Energy Storage System) programme, overseen by the Energy Commission (Suruhanjaya Tenaga). The project is designed to strengthen grid reliability and flexibility while supporting greater integration of renewable energy into Malaysia’s electricity system.

The BESS project is aligned with Malaysia’s National Energy Transition Roadmap (NETR) and the country’s goal of achieving net-zero emissions by 2050. The milestone also comes alongside the launch of the Large Scale Solar 6 (LSS6) tender, reflecting Malaysia’s push to expand renewable energy and supporting infrastructure.

The project is being developed through BKHM BESS Sdn Bhd, a joint venture between Blueleaf Energy and Universal Peak. UOB is providing financing for the project.

The financial close was marked by a signing ceremony at Blueleaf Energy’s offices in Singapore, attended by senior representatives from Blueleaf Energy, Universal Peak and UOB.

Blueleaf Energy said the project, together with its wider development pipeline in Malaysia, will support the country’s energy transition by strengthening grid resilience and enabling increased renewable energy integration.

Blueleaf Energy currently has more than 1.3 GWp of projects in operation or under construction across its portfolio. Its development pipeline includes more than 13 GWp of generation capacity and approximately 7 GWh of storage assets across Southeast Asia, India and Japan.

Powertrac, an energy company with more than 16 years of experience across solar PV module manufacturing, turnkey EPC and distributed renewable-energy IPP projects, has announced its strategic expansion into the Battery Energy Storage System (BESS) sector with a proposed 10 GWh advanced BESS manufacturing facility in Gujarat.

As part of the expansion, Powertrac has signed and released an order agreement with SUNKA LEAD, a China-based provider of battery-manufacturing equipment and intelligent automation solutions, for the development of the proposed BESS manufacturing production line.

This facility is being designed around a highly automated and AI-enabled manufacturing architecture, incorporating automated BESS container fabrication, AGV-based intelligent material movement, robotic assembly and handling, automated inspection and testing, quality-control systems, and integrated BESS assembly, testing and commissioning capabilities.

The BESS initiative marks a strategic expansion of Powertrac’s business from solar energy into energy storage, while leveraging its existing capabilities in EPC, renewable-energy project development and IPP operations. We also plans to address opportunities across utility-scale energy storage, commercial and industrial (C&I) energy solutions, grid stabilisation, ancillary applications and operations & maintenance services.

Powertrac currently has 480 MW of distributed renewable-energy IPP projects under signed PPAs, including projects under PM-KUSUM-C and the Gujarat DISCOM DREBP Scheme has set a target of achieving 1 GW of operational IPP capacity by 2030.

The Ordered production line is to incorporate advanced intelligent-manufacturing technologies, including AGVs, robotic material handling and assembly, automated inspection, testing and quality-control systems.

The facility is being positioned to serve emerging requirements from C&I customers, renewable-energy developers, utility-scale storage projects, grid infrastructure and broader energy-transition applications.

Powertrac’s strategic direction is to build an integrated renewable-energy and storage platform to grow

Powertrac, an energy company with more than 16 years of experience across solar PV module manufacturing, turnkey EPC and distributed renewable-energy IPP projects, has announced its strategic expansion into the Battery Energy Storage System (BESS) sector with a proposed 10 GWh advanced BESS manufacturing facility in Gujarat.

As part of the expansion, Powertrac has signed and released an order agreement with SUNKA LEAD, a China-based provider of battery-manufacturing equipment and intelligent automation solutions, for the development of the proposed BESS manufacturing production line.

This facility is being designed around a highly automated and AI-enabled manufacturing architecture, incorporating automated BESS container fabrication, AGV-based intelligent material movement, robotic assembly and handling, automated inspection and testing, quality-control systems, and integrated BESS assembly, testing and commissioning capabilities.

The BESS initiative marks a strategic expansion of Powertrac’s business from solar energy into energy storage, while leveraging its existing capabilities in EPC, renewable-energy project development and IPP operations. We also plans to address opportunities across utility-scale energy storage, commercial and industrial (C&I) energy solutions, grid stabilisation, ancillary applications and operations & maintenance services.

Powertrac currently has 480 MW of distributed renewable-energy IPP projects under signed PPAs, including projects under PM-KUSUM-C and the Gujarat DISCOM DREBP Scheme has set a target of achieving 1 GW of operational IPP capacity by 2030.

The Ordered production line is to incorporate advanced intelligent-manufacturing technologies, including AGVs, robotic material handling and assembly, automated inspection, testing and quality-control systems.

The facility is being positioned to serve emerging requirements from C&I customers, renewable-energy developers, utility-scale storage projects, grid infrastructure and broader energy-transition applications.

Powertrac’s strategic direction is to build an integrated renewable-energy and storage platform to grow