Energy Plug Technologies (TSE:PLUG) has released an update.
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Energy Plug Technologies Corp., a leader in sustainable energy technologies, has teamed up with Moneta Securities to finance and build the Malahat Battery Technologies plant, aimed at fulfilling the rising demand for large-scale energy storage solutions. The plant is a joint venture with the Malahat Nation and is crucial for supplying reliable battery systems to utility and off-grid customers. This strategic partnership leverages Moneta’s expertise in capital strategies and Energy Plug’s commitment to rapid construction and market leadership in energy storage.
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