The stock of Ozop Energy Solutions Inc (OTCPINK: OZSC) closed down -0.81% on Thursday at $0.0793. During the session, Ozop stock’s price ranged from $0.0780 to $0.0810, while 30.04M of its shares were traded. OZSC stock remained almost stable thanks to positive development news.
How did that development come about?
Ozop is an innovator, designer, developer, manufacturer, and distributor of ultra-high-power chargers, inverters, and power supplies for many sectors including defense, heavy industry, aviation ground support, maritime, and more. By providing the assets and infrastructure necessary to store energy, OZSC plans to capture a significant share of the rapidly growing market for renewable energy.
This week, Ozop announced its wholly-owned subsidiary Ozop Energy Systems, Inc. had entered into an agreement with Clean Peak Energy Group, LLC.
- Using a building’s existing thermal mass and air conditioning systems, CPE is focused on storing energy and reducing carbon dioxide emissions associated with buildings.
- Profit-sharing is included in the agreement for projects adopted by OZSC that use CPE solutions.
- With CPE, which also offers competitive rates for commercial clients, OZSC will be able to offer their customers competitive electric supplies in states where such competition is available.
- Facilities can reduce energy costs by using CPE’s advanced energy storage technology, and there is no capital investment required.
- In addition to other services that OZSC can provide through its subsidiaries and alliances, this program will be of great interest to its customers.
The agreement will benefit OZSC in what ways?
CPE’s advanced technology and customer electricity supply programs will be available to OZSC’s customers and companies as a result of this agreement. The project will further strengthen the Neo-Grid system of clean technology products and services offered by Ozop (OZSC) to aid building owners and operators in reducing operating costs with safe, efficient, and energy-efficient facilities to help address the nation’s energy needs.
