Archive · 9 Dec 2025
Solarworld Energy Secures Rs 806 Crore Battery Storage Order
Solarworld Energy Solutions, a company that makes systems to store energy, got a big order worth Rs 806 crore.
They will build huge batteries to store energy in Gujarat, India.
The project will take 12 years to complete.
The company's stock price went up a little after they announced this news.
They made sure to say that no one related to the company was involved in giving them the order.
This is a big deal because it shows that more companies are focusing on storing energy for the future.
Solarworld Energy Solutions secured an Rs 806.4 crore order for battery energy storage systems in Gujarat.
The project involves developing 200 MW/400 MWh Battery Energy Storage Systems over 12 years.
The contract was awarded by Gujrat Urja Vikas Nigam and signed on December 8.
The company's share price increased by 3% to Rs 293.30 following the announcement.
Solarworld clarified that the order was secured under domestic procurement norms with no related-party transactions.
- Who
- Solarworld Energy Solutions
- What
- Secured an order for battery energy storage systems
- When
- December 8 (agreement), December 9 (announcement)
- Where
- Gujarat, India
- Why
- To develop 200 MW/400 MWh Battery Energy Storage Systems for Gujrat Urja Vikas Nigam
- Company
- Solarworld Energy Solutions
- Order Value
- Rs 806.4 crore (excluding taxes)
- Project Scope
- 200 MW/400 MWh Battery Energy Storage Systems
- Location
- Gujarat
- Contract Duration
- 12 years
- Awarding Entity
- Gujrat Urja Vikas Nigam
- Agreement Date
- December 8
- Share Price
- Rs 293.30 (as of December 9)