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GE Vernova and Our Next Energy Sign Term Sheet to Drive U.S. Battery Technology for Energy Storage
November 17, 2023
NOVI, Michigan, Nov. 17 -- General Electric, a manufacturer of appliances, lighting, power systems and other products, issued the following news release:

GE Vernova and Our Next Energy Inc. (ONE) have signed a term sheet to collaborate towards advancing battery energy storage solutions in the United States using locally manufactured batteries.

The collaboration covers the supply of ONE's battery modules containing U.S.-manufactured lithium iron phosphate (LFP) cells for . . .

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