Under the co-venture, EHT and IKAN will launch a newly branded Solatel solar solution designed with EHT's light weight scalable solar technology to fit on the tens of thousands of towers in
Highlights of the Co-Venture
Windular and IKAN have an agreement to implement and install the initial Solatel solar system with
Solatel systems will be installed in high-visible, high-traffic urban areas directly onto the telecom tower. In addition, the opportunity to include valuable branding recognition will complement the reduction of fossil fuel-based energy.
IKAN's engineering, fabrication and installation history provides the co-venture with a well-established team for the
'MNO's face a significant problem with traditional ground solar technology in urban sites due to the large real-estate footprint required to implement the solar panels. Our new Solatel system solves this problem by adding scalable light weight modular solar directly onto the towers therefore eliminating the required land for ground mount solar installations' said
IKAN has provided turn-key services to the telecom sector for almost 30 years including the fabrication, engineering and installation of all types of telecommunication towers reflecting just one of their many business units. IKAN has previously and continues to partnered with Windular to facilitate the installation of Windular's renewable energy and monitoring system for
'The MNO's corporate mandate to reduce reliance on fossil fuel to operate their urban towers is massive' says Azhar ul Hassan, CEO of IKAN. 'We are excited and look forward to working with the EHT team with this game changing design and the beneficial attributes of EHT's solar whereby we can implement on the myriad of towers which will certainly provide a viable energy solution coupled with branding awareness for the MNO's.'
MNO's in other global sectors including
'The Solatel system will revolutionize the way solar is implemented to telecom towers which in turn enhances sustainable and renewable energy best practices globally' added Foster.
About
EHT (TSXV: 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 outbuildings and emergency/temporary shelters.
Contact:
Chief Executive Officer
Tel: 289-488-1699
Email: info@ehthybrid.com
The statements herein that are not historical facts are forward?looking statements. Forward-looking information relating to sales of the products (the 'Opportunities') involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, for the Opportunities to differ materially from those expressed or implied by such forward-looking information. Although EHT believes that the assumptions used in preparing the forward-looking information on the Opportunities outlined 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 a result of new information, future events or otherwise, other than as required by applicable securities laws.
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