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An announcement from Eguana Technologies ( (TSE:EGT) ) is now available.
Eguana Technologies has been awarded funding through the Energy Innovation Challenge to enhance its EDGE™ Distributed Energy Resource Management System (DERMS). The project involves installing nine EVOLVE™ lithium iron-phosphate battery energy storage systems in Medicine Hat’s distribution systems, aiming to improve grid management and resilience. This initiative will expand Eguana’s market visibility and demonstrate the utility of their energy storage systems in new environments, potentially increasing their application range.
More about Eguana Technologies
Eguana Technologies Inc. is a leading provider of high-performance energy storage systems, focusing on decentralized energy innovations and solutions for utility operations.
Average Trading Volume: 24,438
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.62M
See more data about EGT stock on TipRanks’ Stock Analysis page.