India has marked a significant milestone with the opening of its first fully automated Battery Energy Storage System (BESS) factory in Karnataka. The inauguration took place on June 27, 2025, in Bengaluru, the state capital. . Fundraise by Waaree Energies subsidiary supports the group's ₹10,000-crore capex plan to set up advanced lithium-ion cell and battery pack facility in India. The fundraise forms part of Waaree Group's announced ₹10,000-crore capital expenditure plan for setting up a 20 GWh advanced lithium-ion cell. . Waaree Energy Storage raised the funds from a cluster of strategic investors, including family offices, high-net-worth individuals (HNIs), and institutional backers. The plant, once set up, will produce batteries and battery packs for use in all sizes of grid-scale storage systems and EVs. The fundraise announced today forms part of a. . It became the world's first country to open a big battery storage plant in Hornsdale, southern Australia. The plant stored renewable energy on a much larger scale and fed it to the grid whenever needed. Today, such initiatives are one of the most promising ways for countries to achieve their. . India launches advanced battery storage plant in Bengaluru to boost clean energy and reduce power grid dependence on coal. India inaugurated one of its largest battery energy storage system manufacturing facilities on Friday in the southern city of Bengaluru, marking a significant step in the. .
