Fusion, solid-state batteries, and green hydrogen powering India's energy transition
Automotive supplier Magna International has put a further $35 million into Yuma Energy, the battery-swapping venture it co-founded with Yulu, to expand the network past 60 million swaps.
Manik Gupta
Author
A proposed incentive scheme would target anode, cathode, electrolyte, separator and copper-foil manufacturing — the upstream layer India's battery gigafactories still depend on Chinese suppliers for.
Manik Gupta
Author
With draft rules for private nuclear power due for industry feedback by September 4, India's conglomerates are divided between backing indigenous PHWR designs and importing proven foreign reactor technology.
Manik Gupta
Author
Bengaluru's Pranos Fusion says it has completed construction of PRAGYA, India's first privately built tokamak, and is now commissioning toward a first-plasma milestone targeted for later in 2026.
Manik Gupta
Author
Pune's Rechargion Energy has become the first Indian company to get its sodium-ion battery cells validated by ARAI, building a pilot fabrication line that turns domestically available materials into a cobalt- and nickel-free alternative to lithium-ion batteries.
Manik Gupta
Author
IIT Bombay researchers have engineered a bifunctional cobalt-nickel phosphate catalyst on exfoliated graphite that splits water at 1.70 V, offering a cheaper alternative to platinum and iridium for green hydrogen electrolysers.
Manik Gupta
Author
BARC and NPCIL released the Detailed Project Report for the 300 MWe Bharat Small Modular Reactor on 14 August 2026 — the first fully specified engineering blueprint for India's flagship indigenous SMR, and the third parallel design in a growing SMR family alongside the BSMR-200, SMR-55 and hydrogen HTGR.
Manik Gupta
Author
Ahmedabad startup KuhlTherm has launched Made-in-India rear-door heat exchangers and coolant distribution units for AI data centres and opened what it calls India's first liquid-cooling validation lab, as it targets a jump from 300 MW to 2 GW of cooling capacity by 2027.
Manik Gupta
Author
Pune-based deep-tech startup Adiabatic Technologies has raised ₹8.3 crore (about $1 million) in a seed round co-led by Malpani Ventures and Avinya Ventures to scale its custom lithium-ion battery packs, smart chargers and battery-management systems for drones, robots, defence and electric mobility — lifting capacity toward 100 MWh a year.
Manik Gupta
Author
NTPC has outlined a clean-energy build-out targeting 149 GW of capacity by 2032 — including ~60 GW of renewables, 38.9 GWh of battery storage, green hydrogen and a 30 GW nuclear programme by FY47 — backed by a ₹16.8 lakh crore capex plan.
Manik Gupta
Author
In a written reply in Parliament on 3 August 2026, the Centre disclosed the costs of India's indigenous small modular reactors — about ₹7,000 crore for two 55 MWe SMR-55 units and ₹320 crore for a hydrogen-producing high-temperature reactor — and confirmed Tarapur, Maharashtra as the first site.
Manik Gupta
Author
Ola Electric has signed its first partnership under a new grid-scale storage venture, Mahashakti, agreeing with developer Axis Energy to deploy up to 20 GWh of battery energy storage by 2032. The deal pushes the scooter-maker's cell ambitions well beyond electric vehicles.
Manik Gupta
Author
Pune-based Matel Motion & Energy Solutions has raised ₹130 crore in a Series B led by UC Impower to expand manufacturing of its energy-efficient, magnet-free motors and EV powertrains and to enter the electric commercial-vehicle market.
Manik Gupta
Author
On 1 August 2026 PM Modi laid the foundation stone for POWERGRID's ₹5,550 crore transmission system to evacuate 4.5 GW from the Kurnool-IV Renewable Energy Zone, alongside further Kurnool and Ananthapuram renewable evacuation lines.
Manik Gupta
Author
India has awarded 12 pilot projects under the National Green Hydrogen Mission to deploy 70 hydrogen vehicles — 27 buses and 43 trucks, split between fuel-cell and hydrogen-combustion powertrains — plus 16 refuelling stations, backed by about ₹410 crore in central assistance.
Manik Gupta
Author
Indian module makers Rayzon Solar and Navitas Solar have each signed five-year deals with US firm Caelux to manufacture perovskite-silicon tandem panels in India — a combined 10 GW targeting up to 28% efficiency from 2028.
Manik Gupta
Author
Hindalco Industries is reported to be the only firm to have submitted a formal proposal to NPCIL for a 220 MW captive Bharat Small Reactor — an early test of India's push to open nuclear power to private industry.
Manik Gupta
Author
India's renewable energy ministry has released a standard 'Electrolyser-as-a-Service' model contract under the National Green Hydrogen Mission, letting industrial users buy green hydrogen from developer-owned, on-site electrolysers instead of investing in the hardware themselves — a bankability fix aimed at accelerating real-world adoption.
Manik Gupta
Author
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Bioenergy supply-chain startup Farm Watt Innovations has raised 32.5 crore rupees co-led by IAN Alpha Fund and Rainmatter to expand its biomass aggregation network — turning crop residue that is often burned into feedstock for India's compressed biogas plants.
Manik Gupta
Author
India's first energy-transition-focused VC, Transition VC, has launched a ₹1,500 crore Fund II to back engineering-led energy, manufacturing and industrial deep-tech startups, doubling down after a debut fund that returned 57% IRR.
Manik Gupta
Author
In an electronic reverse auction, SECI has awarded 1,344 MW of pumped hydro storage — out of 1,500 MW / 12,000 MWh tendered — to Greenko (720 MW), Tata Power (324 MW) and Torrent (300 MW), a milestone that pushes India's long-duration energy storage from policy ambition into bankable contracts.
Manik Gupta
Author
NTPC Renewable Energy has awarded India's first utility-scale flow battery — a 100 MWh vanadium redox store built by Delectrik Systems and Bondada Engineering at Gujarat's Khavda solar park, to be commissioned in 2027 and billed as fully designed and made in India.
Manik Gupta
Author
Ahmedabad-based KuhlTherm has raised $1.1 million in seed funding led by Arkam Ventures to scale precision liquid-cooling systems for the AI data centres and high-performance computing clusters straining under GPU heat.
Manik Gupta
Author
An India-based startup says its iron-air battery charges in six hours and discharges over 18 — and has now cleared independent third-party validation of that claim, a potential opening for cheap, daily-cycling long-duration storage.
Manik Gupta
Author
India's first hydrogen fuel-cell passenger train — the ICF-built, RDSO-designed "Namo Green Rail" — is set to be flagged off on 17 July for regular service on the Jind–Sonipat route, backed by a dedicated ₹89-crore hydrogen fuelling facility at Jind.
Manik Gupta
Author
Havells India has signed an MoU with Norway's Pixii AS to jointly develop battery energy storage systems for the Indian market, targeting the residential and commercial-and-industrial segments. The deal, announced on 10 July 2026, follows a phased roadmap from pilot installations toward local manufacturing.
Manik Gupta
Author
BHEL has signed a Strategic Collaboration Agreement with thyssenkrupp nucera India to jointly manufacture alkaline electrolyser systems in India, aiming to localise the core hardware of green hydrogen and cut the National Green Hydrogen Mission's reliance on imported machines.
Manik Gupta
Author
Bengaluru startup Vimag Labs has won its fifth Indian patent for its Virtual Magnet Synchronous Motor — a software-defined, rare-earth-magnet-free motor that generates its magnetic field electronically, a pointed answer to India's dependence on China-dominated magnet supply chains.
Manik Gupta
Author
Bengaluru deep-tech startup Albatross Energetics has raised about ₹10 crore ($1.05 million) in a pre-Series A round led by Transition VC to scale its energy-efficient industrial cooling and humidity-control technology, built around liquid desiccants and heat-and-mass exchangers for pharma, semiconductor and battery plants.
Manik Gupta
Author
Adani Green Energy has become the first Indian renewable company to cross 20 GW of operational capacity, built almost entirely on greenfield sites and anchored by its giant Khavda park in Gujarat.
Manik Gupta
Author
Gurugram's BatX Energies has raised Rs 105 crore in a Series A led by IvyCap Ventures to scale its recovery of lithium, cobalt, nickel and graphite from dead batteries and scrap — an urban-mining bet on cutting India's dependence on imported battery materials.
Manik Gupta
Author
On 26 June 2026 India's Department of Atomic Energy opened what it calls the world's first hydrogen plant to use the Copper-Chlorine thermochemical cycle driven by nuclear heat from the Fast Breeder Test Reactor at Kalpakkam — a demonstrator for carbon-free hydrogen made with reactor heat instead of electrolysis.
Manik Gupta
Author
TruAlt Bioenergy has won ₹150 crore in central assistance under the PM JI-VAN Yojana to build a commercial-scale sustainable aviation fuel plant in Bagalkot, Karnataka, sized at about 10 crore litres a year — an early move to give India home-grown SAF supply ahead of its 1%-by-2027 blending target.
Manik Gupta
Author
In a single week in late June 2026, EMMVEE and Jupiter International both fired up new high-efficiency TOPCon solar cell lines — and EMMVEE ordered equipment for 6 GW more — as India pushes to make the cells, not just the modules, behind its solar boom.
Manik Gupta
Author
On 17 June 2026 India cleared its first ₹22 crore for nine startups under the National Green Hydrogen Mission's ₹100 crore support scheme and launched a national certification portal — two concrete steps toward a credible domestic hydrogen supply chain.
Manik Gupta
Author
Bengaluru's Exponent Energy raised ₹200 crore to expand a battery-and-charger system that takes commercial EVs from 0 to 100% in about 15 minutes on standard lithium cells, with a 3,000-cycle warranty.
Manik Gupta
Author
Reliance plans to start a 40 GWh battery gigafactory at Jamnagar in the second half of 2026, built partly on Faradion's sodium-ion technology, a hedge against India's dependence on imported lithium.
Manik Gupta
Author
Tata's Agratas topped out the steel frame of its 20 GWh Sanand plant and Reliance readies a 40 GWh line, but only about 2.8% of the battery PLI scheme's 50 GWh target has actually been commissioned.
Manik Gupta
Author
SECI signed ten-year supply deals for 670,000 tonnes a year of green ammonia at tariffs starting at ₹49.75 a kilogram, among the world's lowest, decarbonising fertiliser and substituting natural-gas imports.
Manik Gupta
Author
Bengaluru's Pranos Fusion raised $6.8M to build a compact tokamak and the high-temperature superconducting magnets that go with it, moving fusion out of India's state labs and into the startup ecosystem.
Manik Gupta
Author
Bengaluru's Newtrace raised $6.3M to commercialise a membrane-free electrolyser design aimed at cutting the capital cost of green hydrogen, indigenous IP rather than licensed Western technology.
Manik Gupta
Author
