India’s energy landscape is undergoing a massive transformation. With renewable energy gaining momentum and industries shifting toward sustainability, Energy Storage Solutions (ESS) have become the backbone of this green revolution. From stabilizing the grid to powering electric mobility and ensuring uninterrupted industrial operations, ESS technologies are shaping the country’s clean energy future.
The government’s push for renewable integration and the growing adoption of electric vehicles have fueled rapid growth in the ESS market. And as the demand for high voltage ESS batteries rises, a new wave of innovation is sweeping across the Indian manufacturing ecosystem. Established giants and new-age startups are racing to develop storage systems that are smarter, safer, and more efficient.
Let’s take a closer look at the key players and emerging battery makers redefining India’s ESS industry in 2025.
1. Aqueouss – Hold the Volt
Among the most exciting names on this list is Aqueouss – Hold the Volt, one of India’s emerging and fastest-growing players in the ESS space. The company has made impressive strides by offering cutting-edge high voltage ESS batteries that blend efficiency, safety, and scalability. Aqueouss focuses on modular designs that suit diverse applications—from grid-level storage to industrial backup systems. What makes Aqueouss stand out is its customer-centric approach, emphasis on innovation, and rapid growth trajectory. In a market dominated by legacy players, Aqueouss has managed to carve a unique identity as a forward-thinking high voltage ESS battery manufacturer committed to powering a sustainable future.
2. Exide Energy Solutions
Exide has been a leader in India’s battery industry for decades, and its transition toward Energy Storage Solutions is a natural evolution. The company is heavily investing in lithium-ion battery manufacturing and high-voltage ESS systems designed for grid-scale storage and renewable integration.
3. Amara Raja Batteries
Amara Raja continues to be a powerhouse in energy innovation. With new lithium cell manufacturing facilities and R&D centers, it has emerged as a strong high voltage ESS battery manufacturer. Their products focus on long lifecycle performance, safety, and sustainability.
4. Tata Power Solar
A major player in India’s solar industry, Tata Power Solar is also becoming a name to reckon with in the ESS sector. Their large-scale storage systems are being deployed in solar and hybrid projects to ensure round-the-clock renewable power delivery.
5. Reliance New Energy (Reliance Industries)
Reliance’s bold investments in clean energy and battery manufacturing are reshaping India’s storage landscape. With global partnerships and a strong focus on innovation, Reliance aims to become a top Energy Storage Solutions provider in Asia.
6. Luminous Power Technologies
Known for inverters and home power systems, Luminous has expanded into lithium-based ESS. Their high voltage storage solutions are increasingly being adopted for commercial and industrial applications requiring reliable power continuity.
7. Waaree Energies
Waaree, one of India’s largest solar manufacturers, is expanding into the energy storage segment. Their lithium-based Energy Storage Solutions are gaining traction in renewable energy projects and off-grid systems.
8. HBL Power Systems
HBL’s expertise in power electronics and batteries gives it a strong foundation in the ESS domain. The company’s high voltage storage systems are built to handle industrial-scale energy needs efficiently and reliably.
9. Okaya Power Group
Okaya has evolved rapidly in the lithium-ion space, offering a range of Energy Storage Solutions for both urban and rural India. Their ESS systems combine affordability with strong technical performance.
10. Greenko Energy Storage
Greenko’s large-scale renewable energy projects now include battery storage systems designed for grid balancing. It’s among the few companies leading India’s move toward integrated renewable + storage infrastructure.
The Road Ahead for India’s ESS Market
India’s ESS market is expected to grow exponentially over the next few years, driven by renewable expansion, EV adoption, and government initiatives like the National Energy Storage Mission. As the market matures, collaboration between established manufacturers and emerging innovators like Aqueouss – Hold the Volt will be key to accelerating the nation’s transition toward clean and stable power systems.
Final Thoughts
The rise of Energy Storage Solutions marks a pivotal moment in India’s energy story. With both traditional leaders and fast-growing newcomers shaping the landscape, the country is well on its way to becoming a global hub for ESS innovation.
Companies like Aqueouss – Hold the Volt exemplify this new wave—young, agile, and deeply committed to sustainability. As the demand for efficient and reliable energy storage continues to surge, the future of India’s power sector looks brighter, cleaner, and undeniably electric.
