Ozop Energy Solutions (OTCMK Ozop Energy Solutions (OTCMKTS:OZSC) dropped 6% last week. The company announced recently that it was among the inaugural signatories of the Crypto Climate Accord (CCA). CCA is a private sector initiative established to harness the crypto community’s collective efforts to support the transition of the sector into 100% renewable energy as well as to attain net-zero emissions in the industry by 2040.
Ozop has committed to working with the global crypto community to promote market-driven initiatives and climate stewardship aimed at decarbonizing the crypto sector.
Ozop Energy Systems Inc., its wholly-owned subsidiary, recently entered an agreement with Stamford CT-based firm Clean Peak Energy Group LLC (CPE). The agreement with CPE entails a profit-sharing model of profits created from Ozop-referred projects that will adopt CPE solutions. As part of the agreement, CPE will support Ozop in offering customers a competitive power supply in areas where the option is available, enabling facilities to save energy costs without capital constructions. So in the coming months, OZSC is a stock to watch.
Market Reaction:
On Friday, OZSC stock jumped 1.38% at $0.0700 with more than 18.57 million shares, compared to its average volume of 50.56 million shares. The stock had moved within a range of $0.0680 – 0.0730 after opening the trade at $0.0680. Over the past 52-week, the stock has been trading within a range of $0.0046 – 0.5000.