A subsidiary of Juniper Green Energy has fully brought into commercial operation what the company claimed is India’s first merchant battery energy storage system (BESS) project.
Renewable energy independent power producer (IPP) Juniper Green Energy said on Friday (23 January) that its 100MWh BESS in Bikaner, Rajasthan, had entered commercial operation that morning through subsidiary Juniper Green Cosmic.
The news follows a late December announcement that the first 60MWh of storage capacity at the Bikaner facility entered commercial operations on 24 December 2025, and the remaining 40MWh has now followed, as scheduled.
With it, Juniper Green Energy, which is owned by Singapore-headquartered family office AT Capital Group and works across technologies including solar PV, wind and now energy storage, including hybrid projects, has claimed an early mover advantage in India’s nascent market.
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The project is connected to the grid via the Northern Regional Load Dispatch Centre (NRLD), from which Juniper Green Cosmic received approval after a period of trial operation. The BESS technology was supplied and integrated by Chinese wind turbine, energy storage system (ESS) and digital energy services company Envision.
While the company said the 100MWh asset offers “significant potential for merchant revenue streams,” which could include peak arbitrage through load-shifting and grid-balancing services, as well as ancillary services market participation, it did not elaborate on which streams will generate revenues from Day One operation.
At present, ancillary services such as frequency regulation in India are delivered through thermal power plants and wider market frameworks to allow batteries to participate are not yet open.
India Energy Exchange congratulates project owner Juniper Green
The main opportunities for the Bikaner project appear to be through energy trading and meeting the requirements of commercial and industrial (C&I) electricity users. Trading and grid-balancing are thought to be relatively opportunistic, based on the challenges of integrating increasing shares of Open Access Solar generation to the grid.
“This milestone unlocks new revenue streams while bolstering grid stability and accelerating our renewable energy mission,” Juniper Green Energy CEO Ankush Malik said.
Indian Energy Exchange (IEX), the digitised power trading exchange established by the national Central Electricity Regulatory Commission, took to LinkedIn to congratulate the IPP.
“Battery energy storage systems are emerging as a critical enabler of India’s energy transition, strengthening grid stability and efficiently managing peak demand. By buying electricity during low-price hours and selling it during peak demand periods, merchant BESS projects enable energy arbitrage, delivering significant cost savings, improving price efficiency, and supporting reliable power supply,” IEX wrote in a LinkedIn post.
“Such projects also highlight the growing importance of market-based solutions and power exchanges in unlocking the full value of flexible resources like storage, contributing to a more resilient, responsive and efficient electricity market.”
Energy-Storage.news has reached out to representatives of Juniper Green Energy for further clarification on the currently available and future revenue streams for merchant operation of the BESS and will update this story in due course.
“Merchant in India looks to be the enabler for the next phase of BESS deployment beyond the brackets of Viability Gap Funding (VGF – the Union government Capex support scheme for BESS assets),” India Energy Storage Alliance (IESA) president Debmalya Sen said in an exclusive comment today for Energy-Storage.news about the 100MWh project’s start of operations.
“This, along with BESS application in C&I, will be a huge market opportunity likely in 2026.”
Debmalya Sen mentioned the project as a significant market milestone in a guest blog deep dive into India’s 2025 energy storage market development, published on the site last week.
Juniper Green Energy said it has a further 400MWh of BESS nearing completion in Fatehgarh, also in Rajasthan, with commissioning due to take place from this quarter (Q1 2026). The IPP also said it intends to add battery storage to all of its Inter-State Transmission System (ISTS)-connected solar PV generation facilities.
