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MBAK Energy Solutions, Inc. (OTC:MBAK) begins deliveries worth over $290k Monthly to Europe, India and Zambia

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This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Workers installing MBAK BESS unit in Zambia GNWArticle contentSEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 18, 2026 (GLOBE NEWSWIRE) — MBAK Energy Solutions, Inc. (OTC:MBAK) has begun deliveries to customers on three continents with a total value of goods delivered in excess of (USD) $290,000.00 for the month of March. The company expects to increase the dollar volume of monthly deliveries to meet the $65 million order from India, as well as its other global customers.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentArticle contentThe company has shipped an initial 550 e-bicycles to a French customer, the first of what is expected to be an ongoing order fulfillment. MBAK has also shipped BESS units to Zambia to meet a 60 MwH need for a renewable power project in the Copper Belt. Finally, the company has begun shipping the first 10 MwH of BESS units in fulfillment of the 100MwH order for its Indian Power customer.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentThese deliveries come on top of a very successful participation in the 2026 Asia Battery Show in Hong Kong where MBAK previewed a number of Industrial and Consumer product additions to the company’s lineup.Article contentContact: info@mbakcorp.com, press@mbakcorp.comArticle contentWebsite: www.mbakcorp.comArticle contentDisclaimer/Safe Harbor: This news release may contain 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. Events mentioned above are intended to comply with SEC Rule 10b-18 in execution which may not be possible due to trading volume, stock availability, or other contingencies. In light of these uncertainties, the forward-looking events referred to in this release might not occur.Article contentPhotos accompanying this announcement are available at:Article contenthttps://www.globenewswire.com/NewsRoom/AttachmentNg/07787256-149f-430c-b3fa-9ea3a6b7f9d6https://www.globenewswire.com/NewsRoom/AttachmentNg/0d975ab3-4d0e-4789-b299-d5df371d79e8Article contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Canadian dollar’s resilience at risk as central bankers meet Economy Subscriber only.

The United States is losing its grip on Canada's steel market Subscriber only Commodities Bank of Canada holds interest rate at 2.25% amid 'acute' uncertainty Economy Canadians paying the least at the pump are complaining the most, poll says Personal Finance Canada lagging in trade talks, Greer says as CUSMA review nears Economy Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Canadian dollar’s resilience at risk as central bankers meet Economy Subscriber only.

The United States is losing its grip on Canada's steel market Subscriber only Commodities Bank of Canada holds interest rate at 2.25% amid 'acute' uncertainty Economy Canadians paying the least at the pump are complaining the most, poll says Personal Finance Canada lagging in trade talks, Greer says as CUSMA review nears Economy

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Source: Financial Post

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