Mr. Justin Holland reports

FINANZDESK AND EGUANA PARTNER TO BRING ENERGY STORAGE TO EXISTING EUROPEAN CUSTOMER BASE

Eguana Technologies Inc. has formed a multiyear, exclusive partnership with Duesseldorf-based FinanzDesk, a modern financial service provider, with specialty in renewables, to bring the Eguana Enduro and future Eguana products to its residential rooftop solar customer base of over 8,000.

The Enduro, which was developed specifically for European markets, is a complete all-in-one custom-engineered energy storage platform. The Enduro provides the simplest and fastest installation process, dashboard control of all storage and consumption data, and customizable battery management alerts to allow consumers to make better decisions on their energy consumption and optimize power bill savings.

"We are excited to form this partnership with FinanzDesk and to bring the Enduro to their existing customer base," commented Eguana GmbH chief executive officer Andreas Rueckemann. "The Enduro is a perfect system for both retrofit and new installation customers. With very quick installation times and a simple commissioning process, the Enduro will bring more energy security to consumers."

"We have been working closely with Dr. Rueckemann and the Eguana team and are looking forward to bringing the Enduro to our FinanzDesk customers," added Michael Steenhuis, managing director of FinanzDesk. "Our installation partner, SRP Elektrotechnik GmbH, has also been working with Eguana for a number of years, and our customers will receive efficient installations, a 15-year warranty and a great customer experience."

The multiyear deal targets several thousand systems. The first order has been shipped to FinanzDesk, and program rollout has commenced.

About Eguana Technologies Inc.

Eguana Technologies is a global designer and manufacturer of 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, Australia and North America.

With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is one of the leading suppliers of power controls for solar self-consumption, grid services and demand charge applications, at the grid edge.

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