https://www.taxtmi.com/news?id=59873 Honda Motor acquired a minority stake in OMC Power to co develop repurposed EV batteries as BESS and stationary backup applications, creating a new business vertical and adding two Honda officials to OMC Power's management. The collaboration underpins OMC Power's planned 1 GW renewable portfolio-comprising rooftop solar, telecom energy, smart grids, and solar EPC for MSME and C&I customers-and aims to deploy storage based solutions for mini grid stabilisation, telecom infrastructure, rooftop hybrid solar, and other distributed energy applications. en-us Mon, 27 Oct 2025 16:46:03 +0530 Mon, 27 Oct 2025 16:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59873 Honda Motor acquired a minority stake in OMC Power to co develop repurposed EV batteries as BESS and stationary backup applications, creating a new business vertical and adding two Honda officials to OMC Power's management. The collaboration underpins OMC Power's planned 1 GW renewable portfolio-comprising rooftop solar, telecom energy, smart grids, and solar EPC for MSME and C&I customers-and aims to deploy storage based solutions for mini grid stabilisation, telecom infrastructure, rooftop hybrid solar, and other distributed energy applications. News - Mon, 27 Oct 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=59873