<br /> <br /> <br /> Can't catch a break, Rexel/Gexpro begin distribution and the price goes down!<br /> <br /> <br /> <br /> </div>
"After a lengthy search for a certified grid-ready storage solution for residential applications we selected Eguana's AC Battery based on its battery and integration flexibility, power range and, most importantly, the field run time and experience," said Mike Seavey, Gexpro National Solar manager.
Rexel is one of the largest energy distributors in the world, with over 2,300 branches spread across 38 countries. "Rexel's extensive network and experience in the energy sector will provide a strong foundation for the launch our innovative residential AC Battery into the distribution channel,"commented Brent Harris, CTO of Eguana Technologies. "We look forward to building out the product line with Rexel."
Under the terms of the agreement Eguana will supply its AC Battery solution based on its patented power control system ("PCS") and Gexpro will complete the product integration with Geli's advanced energy management software and LG Chem's lithium ion battery to offer turnkey energy storage systems coupled with financing options to their extensive network of electrical and solar PV installers, product wholesalers and distributor base under their own brand.
The companies are presently coordinating training programs and sales and marketing efforts with a focus on Southern California, Hawaii, and Arizona. Volumes are expected to accelerate in these markets during the first quarter of 2016.