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TICKERS: EGT; EGTYF

Energy Firms Collaborate, Install Solar Storage Systems in Georgia
News Update

Source:

This firm's energy storage units are being used to solarize the region.

Eguana's AC Battery Model

Eguana Technologies Inc. (EGT:TSX.V; EGTYF:OTCQB) announced in a news release that it and Creative Solar installed more than 20 residential energy storage systems, now commissioned, in Georgia's Greater Atlanta and Carroll County as part of the efforts to maximize solar power use in those geographical areas.

The efforts began with Creative Solar, the chosen installer for the solarize campaign, contracting more than 170 photovoltaic installations there, amounting to 1.2-plus megawatts of power. "As part of the initial roll out two dozen Eguana Evolve Energy Storage systems were selected by Georgia homeowners as their battery system of choice," the company stated.

Throughout the process, Eguana delivered web-based and on-site training as well as installation and promotional support.

"We expect demand for residential and commercial energy storage to continue to rise in 2019 and have follow-up orders placed with Eguana to continue to have the Evolve system available to homeowners," Creative Solar's CEO Russell Seifert said in the release. One of those orders is for 400 kilowatt hours of power.

"We are very pleased with Creative Solar USA's ability to sell energy storage systems in this developing market demonstrating the potential for widespread adoption of residential energy storage solutions across North America," said Livio Filice, Director of Residential Sales, North America. "Looking forward, we have agreed to continue our strong relationship into 2019, backed with a 400 KWh order placed by Creative Solar USA to support ongoing interest in the Evolve system."

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