CALCULATE YOUR SIP RETURNS

Amber Enterprises Expands into BESS and EV Charging with Power-One Micro Systems Stake

Written by: Team Angel OneUpdated on: 30 Jun 2025, 6:20 pm IST
Amber Group’s unit IL JIN Electronics has acquired a majority stake in Bengaluru-based Power-One Micro Systems, marking its entry into the clean energy space.
Amber Enterprises Expands into BESS and EV Charging with Power-One Micro Systems Stake
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Amber Enterprises, through its material subsidiary IL JIN Electronics India Pvt. Ltd., has made a decisive move into the clean tech sector. On June 28, 2025, IL JIN signed an agreement to acquire a majority stake in Power-One Micro Systems Pvt Ltd, a Bengaluru-based firm known for its expertise in Battery Energy Storage Systems (BESS), solar inverters, EV charging solutions and UPS systems. The transaction, although undisclosed in value, is positioned as a strategic step to expand Amber’s electronic division into future-ready energy solutions.

Power-One’s Diverse Capabilities

Power-One Micro Systems has built a robust customer base across industrial, residential, defence, railways, airports and data centres, with more than 7 lakh products sold. The company’s strong foundation in delivering end-to-end energy solutions positions it as a critical partner in Amber’s clean energy foray. By combining its sector experience with IL JIN’s manufacturing and operational strength, the acquisition is expected to fast-track innovation and expand capabilities across core product lines.

Enhancing Technological Depth

According to Amber, IL JIN’s expertise in electronic manufacturing services, widespread production footprint and dedicated R&D capabilities will support Power-One in scaling operations and accelerating product innovation. This partnership will reinforce Power-One’s role in the BESS, solar inverter (on-grid, off-grid, and hybrid), EV charger, UPS, and solar plant segments.

Amber Enterprises Share Price Performance 

As of June 30, 2025, at 9:40 AM, Amber Enterprises share price is trading at ₹6,888.00 per share, reflecting a gain of 0.63% from the previous closing price. Over the past month, the stock has gained approximately 3.70%. 

Also Read: ACME Solar Wins Maiden Standalone BESS Project for NHPC in Andhra Pradesh!

Conclusion

Amber Enterprises’ acquisition of Power-One marks a pivotal step into emerging clean energy markets. As the company strengthens its electronic division through this synergy, the move aligns with broader energy trends and positions Amber to play a more impactful role in India's evolving renewable and mobility ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 30, 2025, 12:50 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers