MBAK Energy Solutions Begins Deliveries on $65 Million Order for Indian Power Grid and Mobility Products

Reuters12-10

MBAK Energy Solutions Begins Deliveries on $65 Million Order for Indian Power Grid and Mobility Products

MBAK Energy Solutions, Inc. (OTC:MBAK), also known as Alternet Systems Inc., has begun delivering on $65 million in production orders scheduled for fulfillment in 2026. The deliveries include products for the Indian power grid, such as battery energy storage systems $(BESS)$, electric two- and three-wheeler personal transports, and battery cells for data center power facilities. The BESS contract is aimed at supporting India's renewable energy generation and storage initiatives. The company reports continued demand for its electric mobility products in Europe, India, and Africa, and ongoing inquiries from power providers and commercial users in the region and North America.

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: GNW9600065-en) on December 10, 2025, and is solely responsible for the information contained therein.

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