Cosmic PV Power, a leading renewable energy manufacturer in India, has announced a significant partnership with Indygreen Technologies to establish a 2 GW lithium-ion battery production line for Battery Energy Storage Systems (BESS). The Memorandum of Understanding (MoU) was signed at the Renewable Energy India (REI) Expo 2025, marking a major milestone in the company’s expansion plans. The new production line is expected to be operational by March 2026, marking Cosmic PV Power’s entry into India’s rapidly growing energy storage sector.
This partnership is a strategic move towards delivering comprehensive, made-in-India solar and storage solutions. By combining high-efficiency solar manufacturing with advanced battery storage, Cosmic PV Power aims to build a sustainable and energy-secure future. The company has been expanding rapidly, evolving from a 200 MW module producer to a 3 GW integrated solar module gigafactory in just two years.
Recently, Cosmic PV Power secured 60 acres of land in Narmadapuram, Madhya Pradesh, to set up its upcoming 4 GW solar cell manufacturing line. With the addition of the BESS facility, the company is positioning itself as a vertically integrated clean energy company, spanning the entire solar and energy storage value chain. This expansion not only strengthens India’s renewable manufacturing ecosystem but also aligns with the nation’s mission of achieving energy independence and net-zero emissions.
The partnership with Indygreen Technologies is a significant step towards achieving this goal. The 2 GW lithium-ion battery production line will enable Cosmic PV Power to provide comprehensive energy storage solutions, enhancing the country’s renewable energy infrastructure. With its rapid expansions, Cosmic PV Power is poised to play a significant role in India’s transition to a sustainable and energy-secure future. The company’s commitment to delivering made-in-India solar and storage solutions is expected to contribute significantly to the country’s renewable energy growth and energy security.