- Eguana receives (EGT) 1,000 unit follow-on order from the Omega Group
- The order, valued over $11 million, is related to the rapid uptake of product primarily through select CED GreenTech branches
- The Omega Group’s premium solutions consist of a 5kW/14kWh base product with expandable battery capacity up to 42kWh
- Eguana Technologies designs and manufactures high performance residential and commercial energy storage systems
- Eguana Technologies (EGT) is up 2.35 per cent and is trading at C$0.44 at 11:43 am EST
Eguana Technologies (EGT) has received a follow-on order of 1,000 units, representing 5MW, from the Omega Group.
The order, valued at over $11 million, is related to the rapid uptake of product primarily through select CED GreenTech branches across the United States.
“We have been systematically onboarding CED GT branches who have been providing immediate purchase orders for the premium branded product, to date branch orders have surpassed 12 million in just over eight weeks,” commented Livio Filice, Global Director of Sales.
“We anticipate consistent order growth as more branches come onboard and we continue to grow our distribution networks,” added Filice.
“We are overcoming supply chain challenges daily and anticipate a significant jump in product availability in the April through June time frame. Additional test stations have been planned and commissioned, which also increases our manufacturing capacity to accommodate the growing demand,” added Eguana CEO Justin Holland.
The Omega Group’s premium solutions consist of a 5kW/14kWh base product with expandable battery capacity up to 42kWh, and an expandable 10kW/28kWh Whole Home Backup solution, each based on Eguana’s proprietary bi-directional advanced power controls platform.
Both solutions are Virtual Power Plant (VPP) ready and come with a host of features including remote update, solar self-consumption, and Time of Use (TOU) rate shifting capabilities.
The NEMA 3R wall-mounted package is suitable for indoor and outdoor installations. The package is backed by a 10-year warranty.
Based in Calgary, Alberta, Eguana Technologies 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, Australia and North America.
Eguana Technologies (EGT) is up 2.35 per cent and is trading at C$0.44 at 11:43 am EST.
