Top 30 Battery Energy Storage Companies in India: Revolutionizing the Renewable Energy Sector
Battery Energy Storage Systems (BESS) are at the heart of India\’s renewable energy drive, helping to address the issue of intermittent power from solar and wind energy. With the Indian government targeting 500 GW of renewable energy capacity by 2030, energy storage has become essential for grid stabilization and reliable power delivery. The growth of BESS companies is speeding up the adoption of renewable energy and building a more sustainable, resilient energy infrastructure.
BESS stores excess energy generated from renewables like solar and wind, releasing it during high demand or low generation periods. This process bridges the gap between supply and demand, reduces grid instability, and lowers dependence on fossil fuels. As India continues its push toward renewable energy and smart grid integration, BESS will be a vital part of the country’s future energy landscape.
In this blog, we highlight the top 30 Battery Energy Storage Companies in India, leading the way with innovative solutions ranging from large-scale grid storage to home energy backup systems.
Disclaimer: The below list does not signify any rankings, rather just gives you an indication of some of the companies operating in this space. The Reader shall get in touch with the companies directly to understand the quality and capabilities of the companies before any purchase.
1. Tata Power Solar
Tata Power Solar, a major player in renewable energy in India, leads the way in battery storage with integrated solutions for residential, commercial, and utility projects. Their solar-plus-storage systems optimize energy use and manage peak demand, ensuring reliable and affordable renewable energy.
2. Exide Industries
Exide Industries, a key player in India\’s battery market, is expanding into BESS by leveraging its expertise in lead-acid batteries and venturing into lithium-ion technology to meet growing energy storage demands across residential, commercial, and industrial sectors.
3. Amara Raja Batteries
Amara Raja, known for battery manufacturing in India, is investing heavily in lithium-ion battery technology for both electric vehicles and stationary energy storage. Their advanced solutions manage peak loads and integrate renewable energy into the grid.
4. Sterlite Power
Sterlite Power, primarily a transmission company, has ventured into utility-scale energy storage systems that tackle grid stabilization and renewable energy integration challenges, improving grid reliability, especially in areas with high solar and wind penetration.
5. HBL Power Systems
HBL Power Systems specializes in energy storage for sectors like telecom, railways, and defense. The company is now advancing energy storage solutions for grid support and renewable energy integration, drawing on its vast experience in battery manufacturing.
6. Okaya Power
Okaya Power, a leading manufacturer of inverter, solar, and automotive batteries in India, has expanded into energy storage with innovative solutions like lithium-ion battery packs for residential and commercial applications.
7. Luminous Power Technologies
Luminous Power Technologies, well-known in the power backup and solar sectors, has entered the energy storage market, offering BESS for home energy backup, solar storage, and industrial applications.
8. Mahindra Powerol
Part of the Mahindra Group, Mahindra Powerol provides energy solutions for telecom, industrial, and renewable sectors. They are developing BESS to enhance the reliability of renewable projects, especially solar farms.
9. Su-Kam Power Systems
Su-Kam Power Systems, a leader in inverters and power backup systems, is now leveraging its expertise to offer solar and battery storage solutions that reduce energy costs for both residential and commercial customers.
10. Delta Electronics India
Delta Electronics, a global leader in power and thermal management, has made strides in India’s energy storage market with systems designed for commercial and industrial applications to improve energy efficiency and grid stability.
11. Enertech UPS
Enertech UPS provides advanced energy storage solutions for industrial applications, including large-scale lithium-ion battery systems for renewable energy projects and critical power backup needs.
12. BHEL (Bharat Heavy Electricals Limited)
BHEL, a public sector powerhouse, is developing high-energy storage battery systems for grid-level storage, focusing on lithium-ion technology to deliver long-term solutions.
13. Panasonic India
Panasonic, a global leader in battery technology, offers energy storage systems in India for residential and commercial use, integrating solar power with reliable storage solutions.
14. Waaree Energies
A major player in solar energy, Waaree Energies has expanded into battery storage to optimize solar energy use and ensure availability during peak demand.
15. Hero Future Energies
Hero Future Energies integrates battery storage with its solar and wind projects to improve energy efficiency and reliability across India.
16. Greenko Group
Greenko, one of India\’s largest renewable energy companies, is investing in energy storage to support its wind and solar projects, balancing the grid and aiding the transition to renewable energy.
17. ReNew Power
ReNew Power is developing large-scale battery storage systems to integrate solar and wind energy into the grid, ensuring stability and reliability.
18. NTPC (National Thermal Power Corporation)
NTPC, India\’s largest power utility, is piloting renewable energy projects with battery storage to improve the reliability of its solar and wind power plants.
19. SolarEdge India
SolarEdge, a global leader in smart energy, offers energy storage solutions optimized for solar applications, increasing solar energy use and providing backup power during outages.
20. Sungrow India
Sungrow, a major player in the solar inverter market, provides scalable battery storage solutions for utility-scale solar projects in India, improving grid stability and solar plant efficiency.
21. Adani Green Energy
Adani Green Energy, a leading renewable energy company, is investing in large-scale energy storage to support its solar and wind projects, improving grid reliability and balancing intermittent energy generation.
22. Vikram Solar
Vikram Solar has diversified into energy storage, offering integrated solar-plus-storage solutions to help residential and commercial customers optimize their energy use.
23. ABB India
ABB, a global leader in electrification and automation, provides advanced energy storage systems in India, helping manage peak loads and improve grid efficiency.
24. Triton Solar
Triton Solar, a U.S.-based company with operations in India, offers innovative solar energy solutions with integrated battery storage, enhancing energy efficiency for homes and businesses.
25. IndoSolar
IndoSolar, a major solar panel manufacturer, is venturing into energy storage to complement its solar products, increasing solar energy efficiency and providing backup power.
26. Saarthi Electric
Saarthi Electric, a fast-growing Indian company, focuses on electric vehicle charging and battery storage systems, offering innovative solutions for the EV and renewable energy markets.
27. Emerson Electric
Emerson Electric, a global technology leader, provides energy storage systems in India to improve grid reliability and support large-scale renewable energy integration.
28. Waaree Solar Power Solutions
Waaree Solar Power Solutions offers solar-plus-storage systems for homes and businesses, helping maximize solar energy use and reduce dependency on the grid.
29. Hartek Power
Hartek Power, an Indian engineering company, has entered the energy storage space with battery storage systems designed to support renewable energy projects and improve grid stability.
30. Inverted Energy
Inverted Energy, an Indian company specializing in advanced lithium-ion batteries, offers energy storage solutions for residential, commercial, and utility-scale projects, optimizing renewable energy use.
In conclusion, the growing demand for renewable energy in India has accelerated the development of Battery Energy Storage Systems (BESS), with companies like Tata Power Solar, Exide Industries, and Greenko playing pivotal roles. These companies are advancing energy storage technologies such as lithium-ion batteries to stabilize the grid, reduce reliance on fossil fuels, and maximize the efficiency of solar and wind power. As India works toward its Future Decarbonized Renewable Energy (FDRE) goals, integrating energy storage solutions becomes essential for ensuring a reliable and sustainable power supply. From residential to large-scale utility applications, these top battery energy storage companies in India are crucial to achieving the country’s ambitious renewable energy targets. With continued investment in FDRE-compliant technologies and innovative storage solutions, the BESS market in India is poised to thrive, driving the future of clean energy and building a more resilient, sustainable energy infrastructure.