This report includes an overview of the energy storage market in India, policy support for ESS, Grid-Scale ESS tenders and Auction Analysis, Key participants, Risks & challenges, and expectations for ESS. T able of Contents: Note: Quarterly updates are also available. . Standalone Energy Storage Systems (ESS) are rapidly emerging as a key market, with 6. 1 gigawatts of tenders issued in the first quarter of 2025 alone, accounting for 64% of the total utility-scale energy storage tendering activity. Tenders supported by Viability Gap Funding (VGF) demonstrate. . New Delhi, 5 August – Battery energy storage systems (BESS) operating without fixed contracts – known as merchant BESS – turned profitable for the first time in 2024, according to the projections of a new report by energy think tank Ember. Falling battery costs and higher earnings from volatile. . The India Battery Energy Storage System (BESS) Market Report is Segmented by Battery Type (Lithium-Ion, Lead-Acid, Flow Battery, Sodium-Ion, and More), Connection Type (On-Grid and Off-Grid), Component (Battery Pack and Racks, Energy Management Software, and More), Energy Capacity Range (Below 10. . This Report Provides In-Depth Analysis of the India Energy Storage Market Report Prepared by P&S Intelligence, Segmented by Type (Electrochemical, Mechanical, Thermal, Chemical), End Use (Residential, Commercial & Industrial, Utilities), and Geographical Outlook for the Period of 2019 to 2032 The. . India's energy storage sector is witnessing rapid growth, driven by a number of factors ranging from escalating energy demand to the shift towards renewable energy and the requirement for grid stability. With India aiming to achieve its ambitious goals in solar and wind energy, the need for energy. . Massive Tender Activity for Standalone ESS In Q1 2025, India issued tenders for 6. This surpasses the total tender issuance in 2024, signaling a robust push toward grid stability and renewable. .