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News Update


Firm Partners for Installation of Its Residential Energy Storage System in Australia
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This development should allow for future entry of the company's other products into that market.

Eguana Technologies Inc. (EGT:TSX.V; EGTYF:OTCQB) announced in a news release it partnered with Class A Energy Solutions, a solar panel installer, to deliver Eguana's Evolve Home Energy Storage System across Australia from Class A's base there in the country.

The first Evolve systems to be installed will be done so under South Australia's Home Battery Scheme, a governmental program offering a subsidy to residents who purchase a home battery system. Under that program, Class A is registered and certified Evolve system provider.

"The Eguana Evolve system provides us with a fully integrated, LG Chem battery-based, AC-coupled solution for our residential customers," Class A's Operations Manager Derek Kennewell said in the release.

"While the immediate interest is in offering the Evolve system under the Home Battery Scheme, we are looking forward to working with Class A to build out a complete range of solutions for their residential and commercial customers across Australia," noted Brent Harris, CTO of Eguana.


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