CALGARY, Alberta and ATLANTA, Jan. 02, 2019 (GLOBE NEWSWIRE) -- Eguana Technologies (TSX.V: EGT) (OTCQB: EGTYF)
and Hannah Solar are pleased to announce the companies have partnered to bring residential and commercial energy storage systems to
home and business owners in Georgia and South Carolina.
“Renewable energy has taken off throughout the Southeast and consumers want cost-effective, intelligent systems
that can be easily integrated with new or existing solar PV arrays,” said Joseph Waybright, VP of Sales of Hannah Solar. “Our early
efforts have already delivered multiple residential sales where homeowners are looking to power essential loads for an extended
period of time. The Evolve system allows our customers to easily expand their storage capacity from 13kWh to 26kWh to
39kWh at a very competitive price point.”
The Evolve residential energy storage system allows new or existing residential solar customers to
store excess solar power generation for use in the evening, maximizing their solar investment. In the event of a power outage, the
Evolve system will keep the solar PV system operating ensuring that power is available to support essential loads. The
Evolve system coupled with solar PV is a low-cost, perpetual backup power source while offering various advanced energy
management controls, an integrated user interface, and an extended product warranty.
“We are confident that our proven, outdoor rated, AC Coupled energy storage systems will allow Hannah to win
more solar PV business while assisting home and business owners to reduce energy costs, prepare for power outages and become more
energy independent,” said Livio Filice, Director of Residential Sales, North America. “First residential installations are
currently planned near the Georgia – Alabama border with additional installations planned in throughout Q1. Hannah has placed
opening orders of approximately 500KWh of residential storage systems to ensure availability throughout 2019.”
Hannah Solar, an Eguana-certified installer, is expected to complete their first group of Evolve energy
storage systems in late January with installations continuing throughout 2019. In addition, the companies plan to collaborate on
bringing the Elevate commercial energy storage system to business owners looking to reduce demand charges in Georgia and
other select markets.
Evolve – Home Energy Storage Systems
Evolve is a fully-integrated residential energy storage system that includes the company’s proprietary
power electronics system, LG Chem low-voltage battery modules, and a comprehensive user interface. The system is rated at 5KW AC
output with a modular battery design based on a 6.5 kWh battery, which is scalable from 13 to 39kWh in storage capacity. The NEMA
3R wall-mounted package is suitable for indoor and outdoor installations. The package is backed by a 10-year standard warranty.
The Evolve supports grid-connected solar self-consumption, time of use, and backup power. It is now
available in the United States and in Caribbean markets, with certification standards matching UL1741, California’s Rule 21, and
Hawaii’s Rule 14H.
Interested parties may contact:
Eguana Technologies
Livio Filice
Director of Residential Sales, North America
Livio.Filice@EguanaTech.com
+1.905.929.7522
Hannah Solar
Joseph Waybright
Vice President of Sales
Joseph.Waybright@HannahSolar.com
+1.404.884.1919
About Hannah Solar
Hannah Solar is a full service solar integrator dedicated to providing the very best in engineering,
products, installation and operations & maintenance of solar arrays, electric vehicle (EV) charging stations, storage systems and
Generac® backup generators. Our team is comprised of NABCEP certified solar experts, licensed master electricians in GA, AL, MS,
NC, SC, & TN, project management professionals, business development managers, designers and installers—working together to serve
our clients as a reliable and experienced resource in sustainable energy integration.
About Eguana Technologies Inc.
Based in Calgary, Alberta Canada, Eguana Technologies (EGT: TSX.V) (OTCQB: EGTYF) designs and manufactures high
performance residential and commercial energy storage systems. Eguana has two decades of experience delivering grid edge power
electronics for fuel cell, photovoltaic and battery applications, and delivers proven, durable, high quality solutions from its
high capacity manufacturing facilities in Europe and North America.
With thousands of its proprietary energy storage inverters deployed in the European and North American markets,
Eguana is one of the leading suppliers of power controls for solar self-consumption, grid services and demand charge applications
at the grid edge.
To learn more, visit www.EguanaTech.com or follow us on Twitter @EguanaTech
Forward Looking Information
The reader is advised that some of the information herein may constitute forward-looking statements within
the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, we include:
statements pertaining to the value of our power controls to the energy storage market and statements concerning the use of proceeds
and the Company's ability to obtain necessary approvals from the TSX Venture Exchange.
Forward-looking information is not a guarantee of future performance and involves a number of risks and
uncertainties. Many factors could cause the Company's actual results, performance or achievements, or future events or
developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to
place undue reliance on forward-looking information, which speaks only as of the date hereof. Readers are also directed to the Risk
Factors section of the Company’s most recent audited Financial Statements which may be found on its website or at sedar.com. The
Company does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to
reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as
may be required under applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.