Archive · 27 Oct 2025
Honda Invests in OMC Power for Clean Energy Storage
Honda, a car company, is investing in OMC Power, an Indian renewable energy company.
The two companies will work together to create clean energy storage solutions in India.
OMC Power currently operates over 500 renewable energy plants in India and supplies electricity to various sectors.
They plan to use old batteries from Honda's electric vehicles for energy storage, extending their life.
The project starts in January 2026 and aims to generate 1 gigawatt of clean energy.
OMC Power is also seeking a large amount of funding through debt.
Honda Motor acquired a stake in Indian renewables firm OMC Power.
The deal marks Honda’s entry into India’s distributed clean energy industry.
OMC Power will repurpose Honda’s EV batteries for energy storage.
OMC Power operates more than 500 renewable energy plants in India.
OMC Power aims to build 1 gigawatt of distributed clean energy.
- Who
- Honda Motor and OMC Power
- What
- Honda invested in OMC Power to develop clean energy storage.
- When
- The project will commence in January 2026.
- Where
- India
- Why
- To jointly develop clean energy storage batteries.
Honda
OMC Power
Investment Purpose
Honda
To expand its EV capabilities.
OMC Power
To develop its renewable energy portfolio and utilize Honda's expertise in EVs and batteries.
- Investor
- Honda Motor
- Company
- OMC Power
- Location
- India
- Partners
- Mitsui & Co., Chubu Electric Power
- Focus
- Clean energy storage
- Target
- 1 GW of distributed clean energy
- Debt Raising
- 25-30 billion rupees
