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Energy Plug Technologies ( (TSE:PLUG) ) has shared an announcement.
Energy Plug Technologies Corp. has entered the U.S. market through a supply agreement with GGVentures of the Carolinas, marking a significant step in its North American expansion strategy. This partnership enables Energy Plug to access the U.S. energy storage market, leveraging GGVentures’ expertise and SEETEL New Energy’s manufacturing capabilities to deliver utility-grade energy storage products. The agreement allows for unbounded U.S. sales and collaborative efforts in sales engineering and customer support, aligning with federal incentives and increasing demand for secure energy solutions. This move is expected to strengthen Energy Plug’s industry positioning and expand its battery pipeline across U.S. territories.
More about Energy Plug Technologies
Energy Plug Technologies Corp. is a leader in secure and resilient energy storage solutions, advancing next-generation battery technologies for residential, commercial, and utility applications. The company is committed to enhancing grid stability, cybersecurity, and sustainable energy adoption, working in collaboration with leading technology firms, government agencies, and Indigenous communities.
Average Trading Volume: 262,065
Technical Sentiment Signal: Buy
Current Market Cap: C$16.12M
For detailed information about PLUG stock, go to TipRanks’ Stock Analysis page.