[Solar: Hanoi proposes household rooftop PV and storage subsidies of up to VND 6 million]

NLC India Renewables Ltd has received a letter of intent from Gujarat Urja Vikas Nigam Ltd to develop a 275 MW/550 MWh standalone battery energy storage system at a rate of Rs 231,989 per MW per month. The award, part of a 450 MW/900 MWh tender floated in June 2026, will be backed by a 12-year battery energy storage purchase agreement. The project is eligible for viability gap funding of Rs 1.8 million per MWh and must guarantee 95% annual system availability, 85% AC-to-AC round-trip efficiency, and at least 20% local content.

PG&E, together with Google and Rewiring America, has launched the SHARE virtual power plant program, which will orchestrate approximately 21,000 existing home batteries, smart thermostats and other distributed energy resources across the Bay Area while subsidizing battery-enabled heat pumps, targeting around 12 MW of flexible capacity by 2028. The program is fully funded by Google, with eligible customers in Santa Clara and Alameda counties receiving discounts of at least $5,000 toward heat pump installations. The pilot combines enrollment of existing devices with privately funded new technology deployment and is expected to begin supporting the grid in fall 2026.

Saudi Arabia's Power Procurement Company has signed four storage service agreements for battery energy storage system projects totaling 2 GW of installed capacity, with each project rated at 500 MW and four hours of duration, representing a combined investment of over $1.16 billion. Three projects were awarded to a consortium of Saudi Energy, ACWA and Al Sharif, while Al Khushaybi went to a consortium of ENGIE and Haji Abdullah Alireza. All are delivered under a build-own-operate model, supporting the national target of roughly 50% renewables in the generation mix by 2030.