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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. is a Canada-based company, which designs and manufactures residential and commercial energy storage systems. The Company is engaged in delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers various solutions from its manufacturing facilities in Europe, Australia and North America. The Company supplies energy storage systems for solar self-consumption, grid services and demand charge applications at the grid edge. The Company’s product lines are based on patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

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Post by PantheraNegraon Jul 23, 2018 9:35am
98 Views
Post# 28352068

Creative Solar USA and Eguana Technologies Partner

Creative Solar USA and Eguana Technologies Partner Creative Solar USA and Eguana Technologies Partner to Bring Smart Energy Storage Solutions to Customers in Georgia Creative Solar USA and Eguana Technologies Creative Solar USA and Eguana Technologies CEOs Justin Holland and Russell Seifert Eguana Technologies Inc. CALGARY, Alberta, July 23, 2018 (GLOBE NEWSWIRE) -- Eguana Technologies (TSX.V:EGT) (OTCQB:EGTYF) and Creative Solar USA are pleased to announce that the Evolve - Home Energy Storage System is immediately available to home owners in Georgia. The Evolve system allows new or existing residential solar customers to store excess solar power generation for use in the evening, maximizing their solar investment. In the event of a power outage, the system will keep the solar system operating, ensuring that power is available to support essential loads. The Evolve system allows us to offer a fully-integrated, LG Chem battery-based, AC-coupled solution to our customers. With an attractive price point we expect the Evolve to pick up immediate traction in the South East, said Russell Seifert, CEO of Creative Solar. Creative Solar is an established solar firm who was recently awarded the contract to install Solarize Atlanta and Solarize Carrolton customers, a validation of their leadership position in their regional market, said Justin Holland, CEO of Eguana. We are excited about our new partnership and look forward to bringing our solutions to additional US and Caribbean markets in the near future. Creative Solar is scheduled to become an Eguana certified installer in July, initial product orders have been placed and initial installations will commence immediately. Evolve energy storage systems will continue to be deployed throughout the balance of this year. 1 in 4 of Creative Solars customers are already requesting storage as part of their solar installations due to low solar export rates in Georgia and a desire for solar-driven backup power. Evolve Home Energy Storage Systems Evolve is a fully integrated residential energy storage system that includes the companys proprietary power electronics system, LG Chem low-voltage battery modules, and a comprehensive user interface. The system is rated at 5KW AC output with a modular battery design based on a 6.5 kWh battery, which is scalable from 13 to 39kWh in storage capacity. The NEMA 3R wall-mounted package is suitable for indoor and outdoor installations. The package is backed by a 10-year standard warranty. The Evolve supports grid-connected solar self-consumption, time of use, and backup power. It is now available in the United States and in Caribbean markets, with certification to UL1741, Californias Rule 21, and Hawaiis Rule 14H. Interested parties may contact: Eguana Technologies Livio Filice Director of Residential Sales, North America Livio.Filice@EguanaTech.com +1.905.929.7522
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