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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

Post by ugluuakon Nov 12, 2024 10:49am
58 Views
Post# 36308263

Itochu has decided !

Itochu has decided !The relationship of Solar / Battery to Grid owned and distributed by grid operators to residential has much less requirements with branding but rather strategic support longer term with deep pocket credible partners.

Duracell looks to be a retailer of residential systems in the US and other away from large scale grid projects.
Grid operators have no intentions nor need of paying fees for brand liscenses when there is no positive return as to the brand effect.

Eguana has in its own current situation has no credibility as to fees for branding to VPP therefore no brand marketing required.
Grid operators will offer their Solar Battery hook up of choice as part of long term lease for roofs where power generation is owned by grid operator. Roof owner gets lower retail power rates with some kind of ongoing royalty payment in their accounts.
System is completely monitered by cloud AI / Grid Operator .
Itochu owns the Eguana battery management technology.
How revenue with grid operators is worked out still to be determined.

Branding of system has little value other than the all powerfull grid operator has the requirement contractually to maintain and track efficiences of system with a predetermined peg. Mother Nature needs to cooperate.
Roof owner has much less worries and gets to track at anytime the performance of what is going on, on his roof.

Life is better................. well sort Of !
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