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Renewable Energy Tech Company Establishes Distribution Partnership

Source: Streetwise Reports

 

July 17, 2018 (Investorideas.com Newswire) Firm picks partner with Middle East experience.


The Calgary, Canada-based renewable energy tech company Eguana Technologies Inc. (EGT:TSX.V; EGTYF:OTCQB) introduced Icarus Enerji Ltd. as its distribution partner covering Turkey, the Middle East, Africa and Central Asia, in a July 12 press release.

"Icarus has extensive experience in solar and renewable energy with expertise in moving products in the Middle East," said Justin Holland, Chief Executive Officer at Eguana Technologies. "The region is relatively untapped from a storage perspective and we are looking forward to distributing Eguana products through Icarus' local networks."

Icarus was founded in 2016 by a group of international renewable energy executives who served in the solar energy business for more than 16 years in several international companies and managed in over 92 countries at Executive levels.

The company has also been involved in specifically Li-Ion battery technologies for several years.

"Eguana's residential 'Evolve' product's simple modular approach will do very well in Middle East markets," said Eren Engur and Hakki Karacaoglan, cofounders of Icarus. "Being partnered with LG Chem and endorsed by Mercedes Benz Energy confirms the reliability and performance we were looking for in our storage solutions."

With its worldwide presence, Eguana aims to provide high-quality services to its partners globally, said the company in the press release,

Eguana Technologies designs and manufactures high performance residential and commercial energy storage systems.

"With two decades of experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, Eguana delivers proven, durable, high quality solutions from its high capacity manufacturing facilities in Europe and North America," stated the press release.

With thousands of its proprietary energy storage inverters in the European and North American markets, Eguana is a leading supplier of energy storage solutions for solar self-consumption, grid services and demand charge applications at the grid edge, it said.

To learn more, visit www.EguanaTech.com or follow Twitter @EguanaTech

Disclosure:

1) John McPhaul compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his 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: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Eguana Technologies. Please click here for more information.

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.

4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

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 one week after the publication of the interview or article. As of the date of this interview, 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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