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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

Comment by mistylakeon Nov 09, 2021 8:44pm
106 Views
Post# 34107719

RE:RE:RE:10,000 units over 3 years

RE:RE:RE:10,000 units over 3 yearswho knows? I guess we will find out more when they report their financials. JH says that there are larger deals than the Duracell deal in the works.  Margins are expected to improve once they work with the likes of Freyr.  The SP went to 60 cents previously on practically no news, now we are doing a minimum of 10000 units with the number 1 brand in batteries in the US. For the longs (i've been here since 2016) - this is the one of the most positive announcements we have had in company history.  It proves that the tech is going mainstream and will be sold in significant numbers - then we can start to focus on margins and revenue.  
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