Battery Scale: Batteries form the third layer and totalled $111.8 billion in global exports in 2024. They power electric vehicles, drones and robotic military systems. China holds dominant cell manufacturing capacity, alongside smaller shares from South Korea, Japan, Mexico, Malaysia and Canada. China also produces about 80% of global battery cells and solar photovoltaics, reinforcing its position across energy-storage supply chains.  (Image: Canva)
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CNBC TV1818-02-2026, 17:58

Pace Digitek's Lineage Power Secures $1.35M BESS Order from Saudi Arabia's Yaqin Chem

  • Pace Digitek's subsidiary, Lineage Power Private Limited, received a $1.35 million purchase order from Saudi Arabia-based Yaqin Chem.
  • The order is for four mobile battery energy storage systems (BESS) mounted on gooseneck trailers.
  • Delivery of the BESS order is expected to be completed by April 2026.
  • Lineage Power also secured a ₹94.35 crore advance purchase order from BSNL for Li-ion battery solutions to strengthen its telecom network.
  • Pace Digitek previously received a ₹375.7 crore domestic solar EPC order from Bondada Engineering Limited.

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