Australia's Synertec Corp climbs to 5-month high on tech deal with Hitachi Energy
05/05/2026 03:29
** Shares of Synertec Corporation SOP.AX rise as much as 40.9% to A$0.031, hitting their highest since November 26 ** The technology designer and developer executes a memorandum of understanding with Hitachi Energy ** Under MoU, parties will collaborate to develop and deliver battery energy storage systems (BESS) and microgrid solutions across Australia ** Parties are targeting projects in the 5MW to 30MW range, in energy, data centers, mining among others ** YTD, stock up 55% (Reporting by Shruti Agarwal in Bengaluru) ((Shruti.Agarwal@thomsonreuters.com))
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