TORONTO, Sept. 29, 2016 /CNW/ - EnerDynamic Hybrid Technologies Corp. ("EHT" or the "Company") (TSX-V: EHT) is pleased to announce that its wholly-owned subsidiary, Enerdynamic Hybrid Technologies Inc. ("EHTI"), has supplied PowerStream, one of Ontario's largest electricity distribution companies, a solar powered carport charging unit for testing at their facility in Barrie, Ontario. The carport will have 24 of EHT's patented lightweight embedded solar "EnerTec" panels. The panels will produce approximately 7kW of power and will combine with a battery system and efficient charging station to allow PowerStream to charge their electric vehicles. The testing period will measure power production as well as the charging and discharging rate of the included batteries.
Mr Gamble, CEO of EHT said, "our embedded solar product is a major breakthrough in rooftop solar and we are very pleased that PowerStream has agreed to this third party test. EHT has designed built and tested a number of these carports at our Welland facility over the last year with very positive results The light weight, strength and efficiency of our embedded solar panels make them an ideal option for charging electric vehicles wherever they need to be charged, be it at home, the grocery store or at a restaurant. These carports are designed to be sold as standalone units providing electrical power for on and off grid applications and for electric vehicle charging stations. We are excited to be working with PowerStream on this project as we see them as a thought leader and an important marketing partner for this innovative green energy charging solution."
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.
PowerStream is a community-owned energy company providing power and related services to more than 380,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario. It is jointly owned by the Cities of Barrie, Markham and Vaughan.
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, including risks related to the completion of all approvals from applicable regulatory authorities. 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.
SOURCE Enerdynamic Hybrid Technologies Corp.
For further information: John Gamble, Director, (289) 488-1699, [email protected], Company Website: www.ehthybrid.com; Lorie Laurence, Administrative Assistant, (289) 488-1699, [email protected], Company Website: www.ehthybrid.com