Energy Plug Technologies Corp. - $clief STOCK NEWS

Welcome to our dedicated page for Energy Plug Technologies news (Ticker: $clief), a resource for investors and traders seeking the latest updates and insights on Energy Plug Technologies stock.

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01/12/2024 09:30 AM

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Energy Plug Announces Director, Officer and Advisor Changes

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Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) appoints Neel Singh as CSO and Peter Schober as a technical advisor. Singh brings 20 years of experience in brand strategy and business transformation. Schober, P. Eng, runs Renewable Power Corp. and will add a new dimension to the Clean Energy and Battery Storage business. The company also announces the resignation of Bernard O'Brien as a director.

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12/29/2023 06:26 PM

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Energy Plug Announces First Clean Energy Partnership with Ximen Mining

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Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: CLIEF) (FSE: 6GQ) partners with Ximen Mining for a two-phase clean power storage and generation project to support the Kenville mine's infrastructure in Nelson, BC. The initiative includes the installation of lithium iron phosphate storage batteries connected to solar panels and a 1MW battery storage system designed to accommodate large compressors, ventilation, and lighting for the mine site. This partnership aims to provide renewable energy at a lower cost with a targeted three-year ROI, taking advantage of Clean Electricity and Clean Energy Tax Credits in Canada. The estimated revenue from this partnership for Energy Plug is CAD$1,500,000.

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12/19/2023 05:30 PM

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Energy Plug and Malahat Nation Partner to Build a 100,000 SQ FT Gigafactory to Produce Lithium-Iron-Phosphate (LFP) Battery Packs and Create Jobs

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Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: CLIEF) (FSE: 6GQ) is finalizing a joint venture agreement with Malahat Nation to localize battery pack assembly and the battery supply chain in Canada. The initiative aims to create 100 in-demand Canadian and Indigenous manufacturing jobs within the clean energy sector, with the construction of a 100,000 sq ft. 10-gigawatt hour (GWh) facility. The Malahat facility, powered by British Columbia's clean energy supply, is expected to produce 100 MW of battery packs in its first year and aims to scale up manufacturing to a 1000 MW of battery output by the fifth year, with a total targeted output reaching an impressive 10 GWh by year ten. Malahat Nation will hold a majority ownership stake of 51%, while Energy Plug will maintain a 49% ownership interest. The joint venture will focus on the assembly of lithium-iron-phosphate (LFP) battery technologies, expected to offer distinct advantages over other battery chemistries, including cost-effectiveness, extended lifespan, and enhanced safety features.

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12/15/2023 04:38 PM

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Energy Plug Announces Appointment of Chief Technology Officer and Special Advisor

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Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: CLIEF) (FSE: 6GQ) adds Neil Simmonds as Chief Technology Officer and Cec Primeau as Special Advisor to the board of directors. Simmonds brings 25 years of experience in lithium ion battery systems and holds 70 different battery design and control patents. Primeau, a 25 year C-Suite executive, has experience in developing marine battery energy solutions. The company aims to be a leader in the Battery Storage space and expedite the energy transition in Canada and North America.

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12/12/2023 08:36 PM

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Energy Plug Announces Board and Management Changes

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Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: CLIEF) (FSE: 6GQ) has appointed Broderick Gunning as President, CEO, and a director, and Li Doyle as the Vice President of Sales. Mr. Gunning brings over a decade of experience in technology and energy entrepreneurship, specializing in New Energy. Mrs. Doyle has 25 years of energy and renewable market experience, focusing on large scale power projects, virtual power plants, and new energy projects. The Company also announces the resignation of Frederick Stearman as President and CEO, and Lindsay Vendel as a director.

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