EnerDynamic Hybrid Technologies Provides Update on Ivory Coast
Montag, 06.03.2017 12:05 von DGAP
DGAP-News: Enerdynamic Hybrid Technologies Corp. / Key word(s): Miscellaneous EnerDynamic Hybrid Technologies Provides Update on Ivory Coast 06.03.2017 / 12:00 The issuer is solely responsible for the content of this announcement.
Welland, Ontario--(Newsfile Corp. - March 6, 2017) - EnerDynamic Hybrid
Technologies Corp. (TSXV: EHT) ('EHT' or the 'Company') is pleased to
update its progress in its Ivory Coast, West Africa initiative to sell its
ENERTEC homes.
On January 30, 2017, the Company announced that it had completed the
installation of two advanced ENERTEC housing units in Ivory Coast, West
Africa to serve as sample units. The installation included two fully
equipped housing units, one off-grid/self-contained unit and the second
configured as a net-metering system. These units were provided in support
of continuing efforts to secure contracts with the government of Ivory
Coast for ENERTEC homes.
The Ivory Coast government is represented through The Foundation General
Akissi, an organization for 'the Promotion of the Rights of Women and
Children'. In this case the Foundation, which as part of the Ivory Coast
military is tasked with building housing for military families, has agreed
to enter a contract with Maple Leaf Holdings SA. EHT is a shareholder of
Maple Leaf Holdings SA and would fulfil the contract for the building of
two, three and four bedroom homes using the Company's sustainable Advanced
Modular Housing System with the embedded Enertec solar energy system.
The requisite officials of the Ivory Coast government have now analyzed the
sample units to assess the EHT ENERTEC product and have today confirmed
that the ENERTEC homes meet their requirements. Requesting simple floor
plan modifications, EHT can now finalize the commercial aspects of the
opportunity.
Mr. John Gamble, CEO of EHT indicated that 'it has taken some time to reach
this acceptance phase, a critical stage in the process of completion a
commercial contract. However, we have always been confident in our products
and the benefits they can bring to our target markets'.
The Company will report back when commercial arrangements are finalized or
as events warrant.
Below are pictures of the sample houses on site in Ivory Coast.
[image:
http://orders.newsfilecorp.com/files/1610/25485_ivorycoast1bedroom.jpg]
To view an enhanced version of this graphic, please visit:
http://orders.newsfilecorp.com/files/1610/25485_ivorycoast1bedroom.jpg
[image:
http://orders.newsfilecorp.com/files/1610/25485_ivorycoast2bedroomresize.jp
g]
To view an enhanced version of this graphic, please visit:
http://orders.newsfilecorp.com/files/1610/25485_ivorycoast2bedroom.jpg
The EHT advanced ENERTEC Modular Wall and Roof System uses a proprietary
skin and foam core that is stronger and more energy efficient than
traditional wood or steel structures providing the highest ratings for
energy efficiency. EHT works with its partners worldwide to erect the
buildings on-site utilizing EHT staff and local crews. After installation,
each structure can be furnished and finished to meet the customer's
requirements including siding, tile, kitchens and bathrooms or segregated
commercial rooms. The finished wall product can be shipped on pallets and
delivered via rail, truck or water in standard formats.
At the core of the ENERTEC product line is the ENERTEC Embedded Solar Roof
Module. Solar cells can be embedded in a proprietary fire proof skin
resulting in substantial cost savings by eliminating heavy glass panels and
aluminum racking required for traditional solar panels. Two barriers to
greater adoption of solar energy are weight limitations of the roof on
which solar panels could be deployed and onerous shipping and labour costs.
A lighter product at a better price point will open a larger market for
solar due to the faster return of capital investment especially for rural
and remote users looking to go off-grid. Furthermore, the entire EHT
embedded solar roof becomes a massive solar panel capable of producing
significantly more energy than the home requires, allowing the structure to
then become an important source of power for the local micro grid or large
battery storage systems.
About EnerDynamic Hybrid Technologies
EHT delivers proprietary, turn-key energy solutions which are intelligent,
bankable and sustainable. Most energy products and solutions can be
implemented immediately wherever they are needed. EHT stands above its
competitors by combining a full suite of solar PV, wind and battery storage
solutions, which can deliver energy 24 hours per day in both small-scale
and large-scale format. In addition to traditional support to established
electrical networks, EHT excels where no electrical grid exists. The
organization supplies advanced solutions for various industries in
combination with energy saving and energy generation solutions. EHT's
expertise includes the development of module structures with full
integration of smart energy solutions. These are processed through EHT's
production technologies into attractive applications: modular homes, cold
storage facilities, schools, residential and commercial out buildings and
emergency/temporary shelters.
Neither 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.
The statements herein that are not historical facts are forward-looking
statements. Forward-looking information relating to sales of the products
(the 'Opportunities') involves risk, uncertainties and other factors that
could cause actual events, results, performance, prospects, for the
Opportunities to differ materially from those expressed or implied by such
forward-looking information. Although EHT believes that the assumptions
used in preparing the forward-looking information on the Opportunities
outlined in this news release are reasonable, undue reliance should not be
placed on such information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur in the
disclosed time frames or at all. EHT disclaims any intention or obligation
to update or revise any forward-looking information, whether a result of
new information, future events or otherwise, other than as required by
applicable securities laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
John Gamble
Director
(289) 488-1699
jgamble@ehthybrid.com
info@ehthybrid.com
Company Website: www.ehthybrid.com
Click on, or paste the following link into your web browser, to view
the associated documents
http://www.newsfilecorp.com/release/25485
06.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de |
Language: | English |
Company: | Enerdynamic Hybrid Technologies Corp. |
Canada | |
ISIN: | CA29272D1015 |
End of News | DGAP News Service |
|
550617 06.03.2017