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MBAK Energy Solutions Inc begins the manufacturing of BESS (Battery Energy Storage System) Power cells for Indian power grid
Globenewswireยท 2025-11-17 12:21
Core Insights - MBAK Energy Solutions Inc has commenced the manufacturing of battery cells to fulfill a BESS contract for an Indian power grid customer, with an initial delivery of 20 units having a storage capacity of 100 MWh by April 30, 2026 [1][3] - The contract supports India's goal to enhance national energy production capacity through renewable energy sources, addressing the need for energy storage and line balancing [1][2] Company Overview - MBAK Energy Solutions, Inc. specializes in the development, manufacturing, and commercialization of non-fossil fuel energy products, including lithium, sodium, and solid-state batteries for various applications [4] Market Context - India aims to stabilize or reduce electricity generation from fossil fuels to combat carbon pollution, necessitating an estimated growth of BESS units to over 236.22 GWh by 2031-2032 for grid operators [2]