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Cosmic PV Power Expands into BESS, Signs MoU with Indygreen Technologies for 2 GW Line at REI 2025

Cosmic PV Power has signed a Memorandum of Understanding (MoU) with Indygreen Technologies at REI Expo 2025 to set up a 2 GW lithium-ion battery production line for Battery Energy Storage Systems (BESS). The line is expected to be commissioned by March 2026.

November 01, 2025. By Mrinmoy Dey

Cosmic PV Power has announced the signing of a Memorandum of Understanding (MoU) with Indygreen Technologies to establish a 2 GW lithium-ion battery production line for Battery Energy Storage Systems (BESS).

The MoU was exchanged at the Renewable Energy India (REI) Expo 2025, being held at Greater Noida.

The supply and commissioning of the new production line are scheduled for completion by March 2026, marking the company’s formal entry into India’s rapidly growing energy storage sector.

“This partnership with Indygreen marks a strategic leap toward our goal of delivering comprehensive, made-in-India solar and storage solutions. By combining high-efficiency solar manufacturing with advanced battery storage, Cosmic is building the foundation for a truly sustainable, energy-secure future,” a company spokesperson said.

The announcement comes on the heels of another major milestone for Cosmic PV, which recently secured 60 acres of land in Narmadapuram, Madhya Pradesh, allocated by the MP government, for setting up its upcoming 4 GW solar cell manufacturing line.

In just two years, Cosmic PV Power has emerged as one of India’s fastest-growing renewable energy manufacturers — evolving from a 200 MW module producer to a 3 GW integrated solar module gigafactory. With the upcoming cell line and the newly announced BESS facility, the company is now positioning itself as a vertically integrated clean energy company, spanning the entire solar and energy storage value chain.

Through these rapid expansions, Cosmic PV Power is not only strengthening India’s renewable manufacturing ecosystem but also aligning with the nation’s broader mission of achieving energy independence and net-zero emissions, the company stated.

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