NVVN launched the tender for this project in February 2025 and concluded the bidding five months later, with Sunsure Energy winning half the capacity at ₹6. The procurement exercise has attracted 50 battery energy storage companies but only seven have emerged as winners.
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Known for its robust performance and high efficiency rates, the SolarEdge SE inverter uses power optimizers to maximize energy harvest from solar panels. Another strong contender is the Fronius Primo, which is favored for its compact design and user-friendly interface.
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The Asian Development Bank (ADB) has commissioned a 500 kW solar rooftop project in Tuvalu"s capital, Funafuti, along with a 2 MWh battery energy storage system (BESS).
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A new analysis from energy think tank Ember shows that utility-scale battery storage costs have fallen to $65 per megawatt-hour (MWh) as of October 2025 in markets outside China and the US. At that level, pairing solar with batteries to deliver power when it's needed is now.
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