Gelion PLC (GB:GELN) has released an update.
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Gelion PLC has launched its Energy Storage Integration Solutions business with a significant £1 million order from Borg Group, marking its entry into the Australian energy storage market. This move is part of Gelion’s strategy to become a comprehensive battery technology innovator, leveraging its expertise in battery management and integration to provide high-performance energy storage systems. By establishing a foothold in the market with third-party cells, Gelion aims to eventually introduce its proprietary battery technologies, aligning with the global shift towards renewable energy.
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