It appears that EnerDynamic Hybrid Technologies (TSXV: EHT) is obtaining some big-name Canadian firms as clients following its recent acquisition of Windular Research and Technologies. The firm this morning announced an arrangement with Bell Canada.
The arrangement will see the purchase of an “enhanced renewable energy package,” featuring Windular’s technology as well as products from the firms other divisions that are to be used to house power equipment at remote sites. The initial order is reportedly valued at $0.4 million.
Included within the purchase is a solar shelter developed by EHT, which will provide a thermal shelter for the equipment being installed by Windular, thereby enabling the firm to offer an all-encompassing package solution to clients.
Sponsored · Emerita Resources Corp.
“The ability to use power efficiently to maintain a proper indoor temperature whether it is -40C or +40C is a key benefit to the EHT fabrication system which includes a solar roof element. The key to a successful renewable power solution starts with an efficient use of power,” commented Jerry Foster, President of EHT.
The firm is reportedly in discussions with other mobile network operators for the installation of its solar shelters to enhance efficiency of power management equipment.
EnerDynamic Hybrid Technologies last traded at $0.41 on the TSX Venture.
FULL DISCLOSURE: EnerDynamic Hybrid Tech is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover EnerDynamic Hybrid Tech on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
