Standalone energy storage projects nearly 65% of issued Q1 tenders in India - Asian Power
Published December 25, 2025
Standalone Energy Storage Projects Account for Nearly 65% of Issued Q1 Tenders in India
In the first quarter of 2023, standalone energy storage projects emerged as a significant focus within India's renewable energy sector, comprising approximately 65% of all tenders issued during this period. This trend highlights the growing emphasis on energy storage solutions as the country aims to enhance its renewable energy capacity and reliability.
According to recent data, the Indian government and various state agencies have issued a total of 16 tenders for standalone energy storage projects, amounting to a cumulative capacity of 2,882 megawatt-hours (MWh). This represents a substantial increase compared to the previous quarter, reinforcing the importance of energy storage in India's energy transition strategy.
The surge in tenders for standalone energy storage systems is primarily driven by the need to address the intermittent nature of renewable energy sources, such as solar and wind. Energy storage systems play a crucial role in stabilizing the grid by storing excess energy generated during peak production times and releasing it during periods of high demand or low generation.
Among the various types of energy storage technologies, lithium-ion batteries have emerged as the predominant choice for many of these projects. Their efficiency, scalability, and decreasing costs have made them a preferred option for developers and investors alike. Furthermore, advancements in battery technology continue to enhance the performance and lifespan of energy storage systems.
The Indian government has been proactive in promoting energy storage solutions as part of its broader renewable energy agenda. Initiatives such as the National Energy Storage Policy aim to create a conducive environment for the development and deployment of energy storage technologies across the country. This policy framework is expected to facilitate investments, research and development, and the establishment of manufacturing capabilities for energy storage systems.
In addition to standalone energy storage projects, the Indian renewable energy landscape is witnessing a growing trend towards hybrid systems that integrate energy storage with renewable generation sources. These hybrid systems offer enhanced flexibility and reliability, allowing for more efficient utilization of renewable resources.
As the demand for energy storage solutions continues to rise, several key players in the energy sector are actively seeking opportunities to participate in this burgeoning market. Major energy companies, start-ups, and technology providers are collaborating to develop innovative solutions that meet the diverse needs of consumers and businesses.
Furthermore, the integration of energy storage with digital technologies, such as artificial intelligence and the Internet of Things (IoT), is expected to drive further efficiencies and optimization in energy management. These advancements will enable better forecasting, demand response, and grid management, ultimately contributing to a more resilient energy system.
The increased focus on energy storage is also aligned with India's commitment to achieving its ambitious renewable energy targets. The country aims to reach 500 gigawatts (GW) of renewable energy capacity by 2030, with a significant portion of this capacity expected to come from solar and wind sources. Energy storage will be essential in ensuring that this renewable energy can be effectively harnessed and utilized.
As the first quarter of 2023 comes to a close, the outlook for standalone energy storage projects in India remains positive. The ongoing issuance of tenders and the active participation of various stakeholders indicate a robust market potential for energy storage solutions. This trend is expected to continue as India navigates its transition towards a more sustainable and resilient energy future.
The data from Q1 of 2023 reflects a broader global trend in which energy storage is becoming an integral component of energy systems worldwide. Countries around the globe are recognizing the importance of energy storage in facilitating the integration of renewable energy sources and achieving energy security.
In conclusion, standalone energy storage projects are playing a pivotal role in shaping India's renewable energy landscape. With nearly 65% of issued tenders in Q1 dedicated to these projects, the emphasis on energy storage is set to grow as the country strives to meet its renewable energy goals. The continued development and deployment of energy storage technologies will be essential in ensuring a reliable and sustainable energy future for India.
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