If you are looking into the major gainers from Wednesday then it might be hard to miss the Triad Pro Innovators Inc (OTCMKTS:TPII) stock. The company was in the news yesterday following a major announcement and the stock ended the day with gains of as much as 18%.
The company announced that it was working on the development of a proprietary energy storage solution through the deployment of its own Triad eCell technology. It was a significant announcement and led to considerable traction for the Triad Pro stock on Wednesday.
In this regard, it is necessary to point out that there is now considerable demand for effective energy storage due to the spike in cryptocurrency mining in the United States. The mining operations in China were recently shut down and that has resulted in the spike.
This has resulted in the rise in energy costs at the hours when demand is at its highest. The storage of renewable energy production during those hours could well be a major game changer. It could also help in reducing the energy costs with regards to cryptocurrency mining but also help with the reduction of carbon foot print.
