MBAK Energy Solutions, Inc. (OTC:MBAK) Opens Indian Subsidiary to streamline BESS integration
SEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 05, 2026 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) management has incorporated a subsidiary, MBAK India Private Ltd. to streamline operations. The new organization will manage BESS integration for MBAK’s ongoing $65 million order fulfillment as well as future BESS installations and other product and service introductions into the Indian market.
Per Chairman Boos, “Local incorporation is vital to insuring that MBAK products and services are able to move smoothly from our manufacturing facilities thru the Indian government’s extensive regulatory and quality control environment for energy production, storage and distribution.”
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