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