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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 mistylakeon Jan 18, 2020 6:26pm
158 Views
Post# 30569707

2020 is EGT's year

2020 is EGT's yearIn 2020 we are going to see levels of sales/manufacturing never seen before.  Hanwha's need for the enduro will finally get us over the hump.  

“Q CELLS searched the market for an AC-coupled solution that could be incorporated into our Q.HOME package. We believe that the Eguana Enduro is the product that best exemplifies our commitment to best-in-class products, quality, and reliability for our consumers and Q. PARTNERS,” said Vincent Lim, Head of Business Development and System Solutions at Q CELLS. “Our 2018 residential installations across Europe surpassed 15,000 customers. The addition of the Eguana Enduro to our Q.HOME package will allow us to continue this growth trajectory and maintain our leadership position.”

The agreement has an initial order quantity of 500 units, which extends the exclusivity period into the second contract year, with an additional minimum of 1,500 units through the second contract year for Q CELLS to maintain and extend exclusivity into the third year.

“This partnership with Q CELLS will put our Enduro product immediately in front of more than 1,000 installers across the region, with over 600 in Germany alone. We are looking forward to helping Q CELLS meet and exceed its sales targets,” added Martin Duerr, Director Business Development at Eguana.


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