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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 20, 2013 11:50am
167 Views
Post# 21016515

RE: RE: RE: RE: GOOD NEWS. GERMAN MARKET

RE: RE: RE: RE: GOOD NEWS. GERMAN MARKET

I believe that M.C. is releasing anything that may raise the sp but it is very vague and the market is reacting accordingly. The same with the Tenksolar deal. It had to be approved by Tenk and we have heard nothing as of yet and nothing about the certification of the new unit.

My understanding is the basic inverter's profit is approx. $400 per unit (before overhead) depending on incentives which means one heck of a pile of inverters need to be sold to amount to anything. The company is no doubt operating on a shoe string to keep the doors open and the power storage market may be its' only hope. If the Tenk is as good as it hints at, Japan could very well be a big market but like all other ventures announced so far, it can fizzle out just as quickly.

My thinking is that if this product is so unique and so good, why hasn't a large solar company grabbed it up at this SP?

 

GLTA

Bullboard Posts