June 1, 2024 – British Columbia-based Energy Plug Technologies Corp.—together with Malahat Battery Technologies Corp.—has entered into a Memorandum of Understanding with Enwind Power Co. Ltd. to collaborate on the research & development of microgrid application system products and utility-scale battery energy storage system products (as well as joint research for battery-derived energy applications).

“This MOU marks a significant step for Energy Plug as we look to introduce our technology into the Canadian microgrid ecosystem,” said Broderick Gunning, president & CEO.

Energy Plug’s focus is assembling customized lithium iron phosphate battery packs that serve a range of residential, commercial, and industrial storage needs. Enwind specializes in the research and development of power sciences and battery-based applications in Taiwan.

(Malahat is owned 51% by Yos Economic Development LP [Malahat First Nation] and 49% by Energy Plug. It was formed for the purpose of building and operating a BESS assembly facility in Mill Bay, B.C.)

Energy Plug is currently developing a 20-kWh power pole-mounted battery system and a 100-kWh ground pad battery system. By cooperating with Enwind Power, Energy Plug intends to provide engineered solutions to utilities, and commercial and industrial verticals to support the expansion of the microgrid industry in Canada.

The MoU parties will also work on strategies for “product localization” and battery software systems tailored for the Canadian, North American, and Latin American markets.