The energy holding company Ozop Energy Solutions (OTCMKTS:OZSC), which is involved in a range of verticals, saw its stock make a strong move on Monday and it is likely to bring the stock into considerable focus among investors today.
There was no news about the company yesterday but the Ozop Energy Solutions stock was in the middle of a rollicking rally and ended the day with gains of as much as 16.50%. However, it could be a good idea for investors to perhaps take a look at a key development in relation to the company back on August 18.
At the time, the company announced that its fully owned subsidiary company Ozop Energy Systems Inc was going to 2 MW or 4 MW per hour smart energy storage project in collaboration with Stem Inc. It was a major announcement and may have been a factor behind the bullish sentiments that were seen on Monday.
In this regard, it should be noted that Stem Inc is one of the worldwide leaders in the field of artificial intelligence powered energy storage services and the collaboration could be an important one for Ozop Energy Solutions in the long run.