Vancouver, British Columbia, Canada – September 22, 2023 – Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: DVPNF) (FSE: 6GQ) (the “Company“), is pleased to announce a joint agreement between eParkGo smart parking management systems and real estate property development firm Kutak, for the installation and maintenance of up to 50 electric vehicle (EV) charging stations at the newly developed One Shaughnessy and Two Shaughnessy residential buildings located in Port Coquitlam, British Columbia, Canada.
Kutak Development is a single source real estate development service offering a full scope of services from acquisition through permitting and construction to sales, with a proven track record of delivering successful projects.
eParkGo is an EV charging systems management service offering hardware and software management services to charging station owners.
In a monumental step towards sustainable urban development, the three companies will begin offering residents of Kutak’s 33-unit One Shaughnessy development, state-of-the-art EV charging systems by the end of September 2023. The 39-unit Two Shaughnessy residential building is slated to commence construction shortly and will be outfitted with EV charging infrastructure by Energy Plug, eParkGo and Kutak, marking a multi-party commitment to green initiatives.
Energy Plug Business Acquisition Team Leader, Ryan Iacoviello said “We’re incredibly excited about this tripartite partnership. This isn’t just about installing charging stations; it’s about crafting an intelligent, eco-friendly infrastructure that enriches both residents and the wider community”.
Energy Plug will leverage its expertise to provide cutting-edge Level 2 EV chargers and software, while eParkGo will manage the user interface, on-demand electrical usage pricing, and real-time monitoring through Energy Plug’s software solutions. Developer Kutak will integrate these technologies seamlessly into the architectural design of both residential buildings.
The alliance of Energy Plug, eParkGo, and Developer Kutak aims to catalyze a broader transition to electric vehicles by offering residents of One Shaughnessy and Two Shaughnessy a superior user experience seamless integration and ease of use. Furthermore, the scalable model of Energy Plug installations and software management systems opens the door for future collaborations across residential and commercial projects.
About Energy Plug Technologies Corp.
Energy Plug Technologies Corp. is a software company developing technology utilizing advanced algorithms and real-time data analysis to monitor Electric Vehicle (EV) charging stations as well as software development services and intelligent networking solutions for the Battery Energy Charging Systems (BESS) sector.
True North Battery Storage Corp. is a wholly-owned subsidiary of Energy Plug Technologies. The company consists of a team of expert advisors in the field of battery energy storage technologies and electrification sustainability sciences.
eParkGo delivers revolutionary parking management solutions, employing smart technology to streamline parking and improve user experiences.
About Developer Kutak
Developer Kutak is a highly regarded property development firm, known for their commitment to sustainable and innovative residential and commercial projects.
To learn more about Kutak Development, please visit www.kutakdevelopment.com.
To learn more about Greentech Hydrogen Innovations, please visit www.greentechhydrogen.ca or contact email@example.com.
On Behalf of the Board,
President & CEO
Tel: (604) 283-1262
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