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News Update

TICKERS: EGT; EGTYF

Energy Storage System Firm Partners to Target Northern California Market
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The new certified partner is already installing Eguana Technologies' product at homes in the region.

Eguana Technologies Inc. (EGT:TSX.V; EGTYF:OTCQB) announced in a news release it partnered with solar installation firm, Highlight Solar, to bring Eguana's residential energy storage systems to California's San Jose and San Francisco Bay areas.

"We are now addressing the Northern California market where homeowners will benefit from increased energy security and independence as well as reduced energy costs with either the Evolve NMC (nickel-manganese-cobalt) or LFP (cobalt-free lithium-iron phosphate) storage systems," Eguana Director of Global Sales Livio Filice said in the release.

Northern California is a highly prospective region for Eguana as more than 800,000 homes there have solar photovoltaic systems in place, the company noted.

Over the next 12 months, Eguana and Highlight Solar expect to install in the Northern California region enough Evolve systems to store 1 MWh of energy. Highlight, based in San Jose, is on track to complete its first Evolve installations in August.

The company noted that Evolve products allow new and existing residential solar owners to store excess solar power for use during darkness. In doing so, they get the most out of their solar investment and increase their energy independence and security against a backdrop of threatening wildfires, rolling blackouts and grid failures, the company stated.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Eguana Technologies. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Eguana Technologies, a company mentioned in this article.




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