[EV: BYD targets 20,000 flash-charging stations in China by end-2026, eyes AI energy solutions]

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.

The Hanoi People's Council is seeking public feedback on a 2026-2030 draft resolution subsidizing self-consumed rooftop solar and battery storage. Households installing at least 1 kWp of PV would receive VND 1 million per kWp capped at VND 3 million, while storage of at least 2 kWh would receive VND 1 million per kWh capped at VND 3 million, for a combined maximum of about VND 6 million (USD 228). Hanoi accounts for roughly 15% of Vietnam's electricity demand and relies largely on power transmitted from elsewhere, putting growing pressure on its distribution network.