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Highlights
• Exclusive distribution of SEETEL’s battery systems secured for Canadian market
• 1 GWh annual production capacity allocated specifically for Canada
• Expansion plans underway for U.S., Mexico, and Latin American markets

Energy Plug Technologies Corp. (CSE: PLUG) has entered a strategic alliance with Taiwan-based SEETEL New Energy Co., Ltd., securing exclusive Canadian distribution rights for SEETEL’s energy storage systems under the co-brand MBT-SEETEL. The partnership will also support an expansion strategy targeting the United States, Mexico, and Latin America.

The company delivers energy storage solutions tailored for critical infrastructure applications, including data centers, defense systems, and grid stabilization. Energy Plug operates through Malahat Battery Technologies Corp. (MBT), a joint venture majority-owned by the Malahat First Nation and 49 percent by Energy Plug. The venture integrates Indigenous leadership into the deployment of scalable, secure battery infrastructure.

As part of the agreement, SEETEL has committed 1 GWh of annual production capacity for Canada from its 3 GWh facility in Taichung, Taiwan. The Taiwanese company, which counts ACER and Chailease Holding among its shareholders, provides vertically integrated services from battery module design to grid participation.

The alliance includes technology partnerships with Schneider Electric, leveraging platforms such as EcoStruxure™, Modicon, and PowerLogic. Discussions with Canadian utility and government entities are ongoing, and the companies are evaluating plans for localized battery module manufacturing in Canada.