Prostarm Info Systems has signed a Memorandum of Understanding (MOU) with Shenzhen Topband, marking an agreement for exclusive partnership in battery energy storage systems (BESS). This collaboration could lead to significant advancements in renewable energy solutions.

Prostarm and Shenzhen Topband have agreed to collaborate on a $10 million deal for battery energy storage systems (BESS) in India. Topband plans to invest this amount in the purchase of SKDs, with a focus on developing both residential and industrial BESS solutions.

Prostarm Info Systems has secured a letter of award worth approximately INR 165 crores for a 50 MW solar power project from Maharashtra State Electricity Generation Company (MAHAGENCO). Notably, this contract excludes GST and operational maintenance costs.