Toronto, Ontario - December 21, 2016 (Newsfile Corp.) (Investorideas.com Newswire) EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) ("EHT" or the "Company"), a global renewable solar and wind energy provider and creator of the Enertec solar embedded roof, today announced a strategic partnership with Northern Shield Development Corp. (NSDC), a First Nation and Aboriginal focused structurally insulated panel housing provider.
At the core of the Enertec product, whereby the solar cells are embedded in a proprietary fire proof skin, is the substantial cost savings from eliminating heavy glass panels and aluminum racking, two significantly limiting factors in the adoption of solar because of weight limitations, and onerous shipping and labour costs.
A lighter product at a better price point will open up a larger market for solar because of faster payback times 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.
"Poor housing conditions on reserve are a very well known fact. Mould infestation, house fires and unbearable electricity or diesel fuel energy costs are major issues that just about every First Nation community is facing. Working with our partners at EHT, we are addressing these issues at a price point that meets CMHC and AANDC funded programs," says Marshall.
Northern Shield Development Corporation ("NSDC") is a housing, construction and development company and a leader in structurally insulated panel ("SIP") construction projects. Geared toward affordable construction and Northern climates, NSDC is focused on the betterment of First Nation housing conditions and is a provider and supporter to First Nations of culturally and geographically appropriate, healthy, sustainable and cost efficient housing. Utilizing innovation and alternative construction methods, NSDC can act as a design builder, supplier and installer of SIP panel modular housing and structures, project consultants or a simply a supplier of SIP panels. Working extensively with a variety First Nation communities, NSDC believes is a "First Nation First" approach to projects and has developed a training/construction approach that allows communities to build houses and buildings that are durable, long lasting, energy efficient, fire and mould resilient.
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 involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, and 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 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 as a result of new information, future events or otherwise, other than as required by applicable securities laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Company Website: www.ehthybrid.com
Northern Shied Development Corporation
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