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Hybrid Power Solutions, Inc. ( (TSE:HPSS) ) has issued an announcement.
Hybrid Power Solutions Inc. has received an order for three Batt Pack Energy units from a Canadian municipality, marking a significant step in its growth within the municipal and government sectors. This order highlights the increasing demand for reliable, zero-emission alternatives to conventional generators, as municipalities face pressure to reduce emissions. Additionally, Hybrid Power Solutions has entered into a debt settlement agreement with Cascade Ventures Ltd. to settle outstanding trade payables, allowing the company to preserve cash resources while addressing its financial obligations.
More about Hybrid Power Solutions, Inc.
Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol ‘HPSS.’ The company specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications, focusing on environmental responsibility and technological innovation to lead the clean energy transition.
Average Trading Volume: 307,981
Technical Sentiment Signal: Buy
Find detailed analytics on HPSS stock on TipRanks’ Stock Analysis page.