MBAK Energy Solutions Inc begins the manufacturing of BESS (Battery Energy Storage System) Power cells for Indian power grid
Rhea-AI Summary
MBAK Energy Solutions (OTC:ALYI) has begun manufacturing battery cells for a BESS contract to supply an Indian power grid customer.
Under the September 23, 2025 agreement, MBAK will initially deliver 20 units totaling 100 MWh of storage capacity by April 30, 2026. The company says this delivery supports India’s renewable scaling and grid-balancing goals, within an estimated national BESS need of 236.22 GWh by 2031-2032. The release highlights MBAK’s capabilities in lithium, sodium and solid‑state batteries and notes standard forward-looking risks including schedule, liquidity and competition.
Positive
- Manufacturing has begun on BESS battery cells
- Contracted delivery: 20 units totaling 100 MWh by 04/30/2026
- Agreement dated 09/23/2025 provides concrete delivery timeline
- Positions MBAK in an estimated 236.22 GWh Indian BESS market by 2031-2032
Negative
- Forward-looking risk of failing to meet schedule or performance requirements
- Company liquidity and ability to obtain new contracts remain risk factors
- Competitive pressure from firms with greater financial resources
News Market Reaction
On the day this news was published, ALYI declined 10.34%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions Inc (OTC:ALYI) has begun manufacturing of battery cells as part of a BESS (Battery Energy Storage System) contract fulfillment delivery to an Indian power grid customer. According to the terms of the agreement of September 23, 2025, MBAK will initially deliver 20 units with a storage capacity of 100 Mwh by April 30, 2026. BESS are a vital link in the sustainable scaling of renewable energy production as they provide storage and line balancing to the grid for consistent power delivery. The MBAK contract is in direct support of Indian efforts to increase national energy production capacity through the exploitation of renewably sourced electricity generation and storage.
India has a goal to reduce, or at least hold steady, the amount of electricity generated by fossil fuels in order to mitigate the effects of carbon-sourced pollution across the subcontinent. In order to meet this goal, the estimated need for BESS units to provide the storage and line balancing for Indian grid operators will grow over 236.22 Gwh by 2031-2032.
MBAK’s initial delivery marks the beginning of a ground breaking market penetration in burgeoning sector. “The MBAK technical and commercial team have worked tirelessly these past 3 months to finalize the concrete steps for a smooth commissioning of the systems,” applauds MBAK Chairman Michelle Boos.
MBAK Energy Solutions, Inc. is engaged in the development, manufacturing and commercialization of non-fossil fuel energy products. In particular, the company has expertise in the design and production of lithium, sodium and solid state batteries for industrial, medical and portable electronics and EV applications.
Contact: info@mbakcorp.com
Website: www.mbakcorp.com
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In light of these uncertainties, the forward-looking events referred to in this release might not occur.
FAQ
What did MBAK (ALYI) announce on November 17, 2025 about BESS manufacturing?
What are the delivery terms for MBAK's BESS contract (ALYI)?
How does the MBAK (ALYI) contract relate to India’s BESS demand by 2031-2032?
Does MBAK (ALYI) disclose risks tied to the BESS delivery schedule?
What battery technologies does MBAK (ALYI) state it develops and manufactures?
