BusinessPhoto: Mercom IndiaJapan’s NEXTES Secures $12.6M Loan for Battery Production
Japan-based battery storage developer NEXTES secured a syndicated term loan of ¥2 billion (~$12.6 million) to enhance stationary battery production and fund R&D on battery storage products and control technology. The loan was arranged by Shoko Chukin Bank with eight regional banks participating. NEXTES also provides energy aggregation, installation, maintenance, and battery reuse services.
Mercom India·


