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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with a full solar + storage system architecture for residential and commercial applications. The Company’s product lines are based on a 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

Bullboard Posts
Comment by Enersolon Feb 16, 2010 12:20pm
267 Views
Post# 16788084

RE: RE: News!!!!!!!!!!!

RE: RE: News!!!!!!!!!!!

Just as a follow up, this is from their year end MD&A which indicates we probably will never know what we sold them for.

We have established a

good position in Spain which should recover as a viable market in 2010; and industry analysts are forecasting 300MW

– 500MW for calendar 2010 and 2011. We currently already have two supply contracts for a total of 25 MW of

inverters with Salicru S.A, and with Tejados Industriales Fotovoltaica S.L. In this market we expect that revenues will

be derived mainly from inverter sales with limited PARALEXTM system sales.
 

Product pricing is subject to

confidentiality agreements.

Bullboard Posts