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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.