Mr. Justin Holland reports

CED GREENTECH OC NOW OFFERING THE EGUANA EVOLVE RESIDENTIAL ENERGY STORAGE SYSTEM

Eguana Technologies Inc. and CED Greentech Orange County have noted the immediate availability of the Evolve residential energy storage system. Initial product shipments, technical training and product certification have been scheduled to take place in the current month.

"California is a mature solar market with an experienced base of contractors who are best addressed through standard distribution channels. Our initial outreach to solar specific contractors has been very positive; the addition CED Greentech opens additional channel opportunities and product availability," said Livio Filice, Eguana's director of residential sales, North America. Mr. Filice added, "With the addition of CED Greentech in Southern California, the Evolve system is now available in every key regional solar PV [photovoltaic] market in North America."

"A growing number of our partners want to offer an easy-to-install, user-friendly and cost-competitive residential energy storage system; Eguana's Evolve checked all the boxes," stated Drew Boatman, manager, CED Greentech OC. Mr. Boatman noted, "We are excited to be the first major distributor in Southern California to bring the product to local contractors and we look forward to working with the Eguana team."

Rising interest in residential energy storage across 2018, the Solar Power International trade show taking place in Anaheim later this month and the coming annual push for project completions in Q4 make this a critical time to establish broad-based coverage of the nation's leading solar market. Through the partnership with CED Greentech OC, Eguana can maximize adoption of the Evolve product in the Southern California market and lay the foundation to expand distribution to other CED Greentech branches through 2019.

Evolve energy storage systems are immediately available for purchase from CED Greentech.

Evolve home energy storage systems

Evolve is a fully integrated residential energy storage system that includes the company's proprietary power electronics system, LG Chem low-voltage battery modules and a comprehensive user interface. The system is rated at five-kilowatt AC output with a modular battery design based on a 6.5-kilowatt-hour battery, which is scalable from 13 kilowatt-hours to 39 kilowatt-hours in storage capacity. The NEMA 3R wall-mounted package is suitable for indoor and outdoor installations. The package is backed by a 10-year standard warranty.

The Evolve system supports grid-connected solar self-consumption, time of use and backup power. It is now available in the United States and in Caribbean markets, with certification standards matching UL1741, California's Rule 21 and Hawaii's Rule 14H.

About Eguana Technologies Inc.

Based in Calgary, Alta., Canada, 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 and North America.

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