Article: Japan: Canada s Electrovaya signs MoU to enter Japanese market.

Byline: prashant03

Electrovaya Inc (EFL.TO), a Canadian battery systems maker, said it signed a memorandum of understanding with Nippon Kouatsu Electric Co. Ltd. (NKE) to enter into the stationary power and smart grid energy storage market in Japan.

Electrovaya plans to develop and sell its integrated advanced battery storage systems with NKE, a maker of power distribution equipment with plants in Japan, China and Vietnam, it said.

"The applications we will address ...

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