Tag: Energy Storage

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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TDB Supports Pune Startup for Indigenous Supercapacitor Energy Storage

In a significant step towards strengthening India’s deep-tech and clean energy innovation ecosystem, the Technology Development Board (TDB) under the Department of Science &...

Energy Storage Market to 5X by 2032

India’s energy storage sector is projected to grow five-fold between 2026 and 2032, drawing investments worth ₹4.79 lakh crore, according to a forecast by...

India’s First Commercial BESS Set to Launch

India’s first commercially-approved standalone battery energy storage system (BESS), capable of providing four-hour daily power backup, is set to become operational soon, BSES Rajdhani...