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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
Post by Reduce84on Feb 17, 2010 12:56pm
395 Views
Post# 16791772

Breaking News out of IngeTeam

Breaking News out of IngeTeam

Well we just dodged another bullet! SMA and Ingeteam not interested in producing in Ontario.. no word out of Xantrax yet either! So just us and Satcon..

We should easily be able to clean house in ontario..
ReduceCo2

February 17, 2010

Ingeteam To Build Wind & Solar Production Facility in Wisconsin

Milwaukee, United States [RenewableEnergyWorld.com]

The U.S. wind and solar manufacturing sectors got some good news this week when Ingeteam, a Spanish company that specializes in highly engineered electrical and electronic equipment and services announced that it will construct a US $15 million facility in Milwaukee, Wisconsin to manufacture equipment for renewable energy projects.

Ingeteam currently has a 12 -15 percent worldwide market share of wind power components.

Ingeteam said it will begin construction of the 100,000-square-foot combined production facility and office complex in April, with completion set for December. The company expects to begin manufacturing operations in January 2011 and will employ about 275 workers by 2015. This will be Ingeteam's first manufacturing facility in the United States.

When completed, the plant will focus primarily on the renewable energy industry, producing Indar wind power generators and Ingeteam converters and solar power inverters for the North American market.

"Milwaukee also has a labor pool experienced in electrical manufacturing. In addition, the area boasts prestigious universities with some of the highest-ranked engineering departments in the country that offer specific courses in renewable energy, which will be very useful when it comes to finding specialized staff," said Aitor Sotes, chief executive officer of Ingeteam Inc., Ingeteam's subsidiary in the United States.

Ingeteam currently has a 12 -15 percent worldwide market share of wind power components. However, Ingeteam has identified the United States as a growth market for wind energy and expects its global market share to rise by having a U.S.-based manufacturing operation to supply the North American market. At full capacity, the Milwaukee plant will supply equipment capable of producing 7,500 megawatts (MW) of electricity each year.

The Milwaukee plant will produce generators and converters for 1.5 MW to 5 MW wind turbines, and solar power inverters that range from 2.5 kilowatt (kW) units for residential use up to 500 kW units for utility-scale installations. Later, Ingeteam plans to add a facility for system testing.

Bullboard Posts