SWELECT to invest up to US$500,000 in US battery storage venture
Swelect Energy Systems Limited has approved an investment of up to US$500,000 in Class B Preferred Equity of Comstock BESS LLC through its wholly owned Singapore subsidiary, Swelect Energy Systems Pte. Ltd., marking the company’s entry into the United States battery energy storage market. The investment was approved by the company’s Investment Committee at its…