Alternet Systems Inc., through its subsidiary MBAK Energy Solutions Inc., has commenced manufacturing battery cells as part of a Battery Energy Storage System $(BESS)$ contract for an Indian power grid customer. Under the agreement signed on September 23, 2025, MBAK will initially deliver 20 BESS units with a total storage capacity of 100 MWh by April 30, 2026. The contract supports India's efforts to expand renewable energy capacity and reduce reliance on fossil fuels. MBAK specializes in the development and production of lithium, sodium, and solid-state batteries for various applications.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alternet Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9576967-en) on November 17, 2025, and is solely responsible for the information contained therein.
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