Galenfeha, Inc. (GLFH) Benefitting from Increased Demand for Stored Energy Solutions following the Release of Tesla (TSLA) Energy
While Tesla Motors, Inc. (TSLA) continues to make headlines with the rapid growth and development of its new battery grid business – with recent estimates forecasting $45 million in sales during the fourth quarter of this year – the resulting rise in demand for reliable battery systems is providing a platform for strong financial growth across the stored energy industry. Galenfeha, Inc. (OTC: GLFH), through the commercialization of its innovative lithium iron phosphate (LiFePO4) chemistry and patent-pending onboard battery management system, is capitalizing on this opportunity, expanding upon its current customer base through potentially lucrative distribution channels. Last month, Galenfeha…