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Energy Plug Technologies Expands with SEETEL Partnership

Story Highlights
  • Energy Plug gains exclusive Canadian rights to distribute SEETEL’s energy storage systems.
  • The partnership aims to empower Indigenous communities and target high-security markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Energy Plug Technologies Expands with SEETEL Partnership

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Energy Plug Technologies ( (TSE:PLUG) ) has shared an update.

Energy Plug Technologies Corp. has announced a strategic partnership with SEETEL New Energy Co., Ltd., granting Energy Plug exclusive rights to distribute SEETEL’s energy storage systems in Canada, with plans to expand into the Americas. This collaboration, through the joint venture Malahat Battery Technologies Corp., aims to enhance energy sovereignty and economic empowerment for Indigenous communities, while targeting high-security markets such as data centers and defense infrastructure.

More about Energy Plug Technologies

Energy Plug Technologies Corp. is a Canadian leader in advanced energy storage solutions, serving residential, commercial, and utility-scale markets with an emphasis on cybersecurity, grid resilience, and Indigenous economic development.

Average Trading Volume: 229,666

Technical Sentiment Signal: Buy

Current Market Cap: C$11.29M

Learn more about PLUG stock on TipRanks’ Stock Analysis page.

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