GoldenPeaks Capital has signed a ten-year power purchase agreement (PPA) with NGK Ceramics Polska in Poland, aiming to supply 125 gigawatt hours (GWh) of carbon-free renewable electricity annually.

The market size is now expected to reach 250 Gwh of BESS capacity by 2032 (India Energy Storage Alliance), compared to a modest 0.36 Gwh operational in January. A further fillip to the market is ...