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GoodEnough Energy Launches India’s Largest Battery Energy Storage Project

Written by: Team Angel OneUpdated on: 21 Jan 2026, 5:56 pm IST
GoodEnough Energy has commissioned a 7 GWh battery storage system in Noida, currently the largest in India.
GoodEnough Energy Launches India’s Largest Battery Energy Storage Project
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GoodEnough Energy has commissioned a 7 gigawatt-hour (GWh) battery energy storage system (BESS) manufacturing facility in Noida, Uttar Pradesh, as per PTI report.  

The company said the plant has started operations and is currently the largest BESS manufacturing unit commissioned in the country in terms of capacity. 

GoodEnough Energy Background 

GoodEnough Energy was incorporated in 2023 with an initial investment of ₹4.5 billion. The Noida project involves a total investment of more than ₹450 crore, according to the company.  

The firm was founded by Adit Agarwal, Akash Kaushik and Gaurav Aggarwal and focuses on manufacturing battery energy storage systems for grid-scale and commercial use. 

Expansion Plans 

The Noida plant has been commissioned with an initial capacity of 7 GWh. The company plans to increase capacity to 25 GWh over the next three years.  

Expansion will be carried out in phases, depending on demand and project timelines. The company said it has begun supplying battery storage systems to customers across different sectors. 

Policy Environment and Demand 

India has set a target of installing 500 gigawatts of non-fossil fuel power capacity by 2030. As renewable energy capacity increases, battery storage is required to balance supply and demand. Estimates indicate that around 230 GWh of battery storage capacity may be needed to support the power grid. 

India currently relies largely on imports for battery storage systems, with China being a key supplier. To encourage local manufacturing, the government approved ₹94 billion in funding support for battery energy storage systems in 2023, offering incentives of up to 40% of capital costs. 

Usage and Emissions Estimate 

According to the company, battery storage systems produced at the Noida facility will be used in sectors such as manufacturing, infrastructure, healthcare, mining and commercial real estate.  

At its current capacity, the facility is estimated to help reduce over 5 million tonnes of carbon dioxide emissions annually through reduced use of fossil fuel-based power during peak demand. 

Read More: Government Weighs Localisation Mandate for Battery Storage in Renewable Projects! 

Conclusion 

The commissioning of the Noida facility adds a large-scale domestic manufacturing unit to India’s battery storage sector. The development comes amid rising storage requirements linked to renewable energy expansion and policy support for local production. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jan 21, 2026, 12:26 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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