Energy Plug Technologies (TSE:PLUG) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Energy Plug Technologies Corp. has announced strategic partnerships with SEETEL and the NTU Group in Taiwan to bolster its entry into the North American grid-scale battery storage market. The memoranda of understanding will enhance the company’s supply chain and foster innovation, with plans to build Canada’s first Indigenous-led battery Gigafactory. These agreements will focus on the development of large-scale battery production and the research and development of advanced battery storage systems for various applications.
For further insights into TSE:PLUG stock, check out TipRanks’ Stock Analysis page.