November 19, 2024 9:29 AM EST | Supply: Energy Plug Technologies Corp.
Vancouver, British Columbia–(Newsfile Corp. – November 19, 2024) – Energy Plug Applied sciences Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) (“Energy Plug” or the “Firm”) is happy to announce the launch of its state-of-the-art plug-and-play Battery Energy Storage System (BESS) Mining Rig Containers. This new product line is predicted to assist the cryptocurrency mining {industry} by delivering a flexible, energy-efficient, and extremely scalable answer for contemporary mining operations.
The plug-and-play BESS Mining Rig Containers combine superior battery vitality storage methods with high-performance mining rigs, creating a totally self-contained and transportable answer. These containers are designed to allow speedy deployment throughout numerous areas, from distant websites to city settings, requiring minimal infrastructure for setup.
Every container is engineered for seamless integration with a number of vitality sources, together with grid energy, photo voltaic panels, and wind generators. Geared up with BESS know-how, these containers optimize vitality use by way of load balancing and peak shaving, permitting mining operators to retailer vitality throughout off-peak durations and discharge it when vitality costs are at their peak. This functionality considerably lowers electrical energy prices and improves general operational effectivity.
The EPTMINER-V1 container is constructed to stringent worldwide requirements and delivers unparalleled efficiency and reliability. With dimensions of 6058 x 2438 x 2896 mm ISO Customary container, it helps over 190 miners. Designed for versatility, the containers are appropriate with regional energy requirements (415V/60Hz for North America and 400V/50Hz for Europe and the Center East) and can embrace superior security certifications akin to NFPA 79:2021 and UL 508A:2018.
The containers additionally function off-grid performance, making them ultimate for deployment in areas with unreliable or costly grid entry. Superior cooling methods and fireplace suppression know-how guarantee temperature management and security compliance, defending gear and personnel. Their scalable and modular design permits for simple growth, enabling mining operations to develop seamlessly by including extra containers as wanted.
Built-in good monitoring methods present real-time monitoring of vitality consumption, system efficiency, and operational well being by way of an intuitive dashboard. This degree of oversight permits operators to handle their vitality assets successfully and keep optimum efficiency with minimal guide intervention.
President and CEO, Brodie Gunning, states, “The launch of our plug-and-play BESS Mining Rig Containers marks a brand new period for cryptocurrency mining. We’re dedicated to supporting crypto miners with options that scale back prices, improve effectivity, and promote sustainable vitality practices.”
The EPTMINER-V1 shall be made out there by pre-order from the corporate web site within the coming weeks.
About Energy Plug Applied sciences Corp.
Energy Plug Applied sciences Corp. is an vitality know-how firm devoted to innovation and sustainability. With a deal with residential, business, and utility vitality storage purposes, our aim is to advance battery applied sciences to reinforce vitality administration and grid resiliency. Based mostly in British Columbia, we search to leverage strategic partnerships with Indigenous communities and the event of a vertically built-in provide chain involving industry-leading firms in Taiwan to supply superior options to our prospects and companions. For extra details about Energy Plug, go to our web site at https://energyplug.com.
Ahead-Wanting Statements
This information launch accommodates forward-looking info inside the which means of relevant securities laws. Typically, however not at all times, forward-looking info might be recognized by means of phrases akin to “plans”, “will”, “proposes”, “expects”, “estimates”, “intends”, “anticipates” or “believes”, “purpose”, or variations (together with unfavorable and grammatical variations) of such phrases and phrases or state that sure actions, occasions or outcomes “might”, “may”, “would”, “would possibly” or “will” be taken, happen or be achieved. All statements, apart from statements of historic reality, that deal with actions, occasions or developments that the Firm believes, expects or anticipates will or might happen sooner or later (together with, with out limitation, statements concerning any goals and techniques of the Firm) are forward-looking info.
The forward-looking info on this information launch consists of however is just not restricted to the statements about the advantages and availability of the BESS Mining Rig Containers, future gross sales, growing and building of the Malahat Battery Plant and different massive scale vitality tasks, manufacturing and sale of cutting-edge battery methods to AI and blockchain firms, utilities and different prospects.
The Firm cautions traders that any forward-looking info offered by the Firm is just not a assure of future outcomes or efficiency, and that precise outcomes might differ materially from these in forward-looking info because of numerous threat components, together with, however not restricted to acquiring financing, capacity to construct the battery meeting manufacturing facility on Vancouver Island, capacity to safe suppliers of batteries and acquiring batteries at desired costs, provide chain disruptions, altering authorities plans, insurance policies concerning clear vitality, batteries, electrical autos and different electrical transportation gadgets, elimination or discount of presidency subsidies for electrical autos and different electrical transportation gadgets, photo voltaic panels, and wind energy installations; modifications within the Canadian and/or the U.S Authorities insurance policies, guidelines and laws, and potential battle conflicts which can disrupt provide of the elements required to provide batteries.
The fabric assumptions used to develop forward-looking info embrace, however not restricted to normal enterprise and financial circumstances, monetary markets circumstances, the Firm’s capacity to fund its operations by way of financings and joint ventures, procurement of consulting, technical and associated providers and provides on beneficial phrases, attraction and retention of key employees members, market demand for the Firm’s merchandise, development prospects out there for its merchandise, accessibility of uncooked supplies and battery pack provides to fulfill market demand, facility profitability, the anticipated phrases of the consents, permits and authorizations crucial to hold out the deliberate operations and the Firm’s capacity to adjust to such phrases on a cheap foundation, and the continued relations with the {industry} regulators.
Though administration of the Firm has tried to establish vital components that would trigger precise outcomes to vary materially from these contained in forward-looking statements or forward-looking info, there could also be different components that trigger outcomes to not be as anticipated, estimated or meant. There might be no assurance that such statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking statements and forward-looking info. Readers are cautioned that forward-looking statements contained on this press launch are made as of the date of this press launch. The Firm disclaims any intention to replace or revise any forward-looking statements, whether or not because of new info, future occasions or in any other case, besides as required by regulation. Funding within the securities of the Firm is dangerous.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/230552
