Corporate Partnership
Our Initiatives
Energy Plug Technologies has formed a strategic partnership with Malahat Battery Technologies, with Energy Plug holding a 49% stake and Malahat First Nation through its development company YOS Economic Development Limited Partnership Ltd. holds 51%. The joint venture initiative intends to develop advanced energy storage solutions, leveraging cutting-edge Lithium Iron Phosphate (LFP) technology. This collaboration not only accelerates the transition to clean, sustainable energy but also supports Indigenous economic development through job creation and community involvement. By combining Energy Plug’s expertise in energy management systems with Malahat Battery’s innovative manufacturing capabilities, the partnership aims to deliver reliable, efficient, and environmentally friendly energy solutions to residential, commercial, and utility markets.
Corporate Partnership
Malahat Battery Board
Cindy Harry
Tristan Gale
David Parry
Malahat Battery Team
David Parry, Managing Partner
Ramtin Rasoulinezhad, Technical Director
Partnership established Feb 9, 2024
Malahat Battery Technologies Corp.
Malahat First Nation
110 Thunder Rd. RR4
Mill Bay, BC V0R 2P4
Law firm: Watson Geopel
Website: www.malahatbattery.com
Contact: david@malahatbattery.com
Corporate Partnership
Working Together
The collaboration between Energy Plug Technologies and the Malahat Nation to establish Canada’s first Indigenous-led gigafactory is poised to significantly boost economic growth and job creation in the region.
The construction of the battery energy storage assembly facility in Mill Bay, British Columbia, is expected to create over 100 local jobs, with a focus on engaging Indigenous workers. This initiative not only provides employment opportunities but also fosters skill development in advanced manufacturing and clean energy technologies. The gigafactory aims to produce up to 1 gigawatt-hour of battery energy storage systems annually, catering to residential, commercial, utility, and data center markets across North America. By leveraging British Columbia’s clean energy supply, the facility will contribute to environmental sustainability while enhancing grid stability and resilience. Furthermore, the partnership serves as a model for Indigenous economic development, showcasing how collaborative efforts can lead to shared prosperity and innovation in the clean energy sector.