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Stock impact report

ConnectM's Keen Labs Introduces Hi-E™ Energy Storage Line for Long-Duration and VPP Applications in a $100 Billion+ Distributed Energy Storage Market [Yahoo! Finance]

CONNECTM TECH SLTNS INC (CNTM) 
Company Research Source: Yahoo! Finance
of technology-driven businesses powering the modern energy economy, today announced that Keen Labs, its AI and technology subsidiary, has introduced the Hi-E™ line of energy storage systems for long-duration and virtual power plant (“VPP”) applications. Developed by Keen Labs, the Hi-E™ line leverages high energy density Lithium Iron Phosphate (LiFePO4) technology and is designed for residential and light commercial buildings. Hi-E™ systems provide grid backup for whole-home or targeted electrical loads, support load leveling, and help customers manage peak time-of-use pricing. In markets where a relationship exists with the local utility, Hi-E™ systems can also participate as controllable assets in VPP programs using ConnectM's proprietary power electronics architecture and energy management platform. Initially offered in 2 kWh to 5 kWh modules, the Hi-E™ line can be configured or bundled to meet specific energy requirements for a wide range of applications. Built for Flexibility Show less Read more
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