EnerDynamic Hybrid Technologies Provides Update on Ivory Coast

March 06, 2017 6:00 AM EST | Source: Net Zero Renewable Energy Inc.

Welland, Ontario--(Newsfile Corp. - March 6, 2017) - EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) ("EHT" or the "Company") is pleased to update its progress in its Ivory Coast, West Africa initiative to sell its ENERTEC homes.

On January 30, 2017, the Company announced that it had completed the installation of two advanced ENERTEC housing units in Ivory Coast, West Africa to serve as sample units. The installation included two fully equipped housing units, one off-grid/self-contained unit and the second configured as a net-metering system. These units were provided in support of continuing efforts to secure contracts with the government of Ivory Coast for ENERTEC homes.

The Ivory Coast government is represented through The Foundation General Akissi, an organization for "the Promotion of the Rights of Women and Children". In this case the Foundation, which as part of the Ivory Coast military is tasked with building housing for military families, has agreed to enter a contract with Maple Leaf Holdings SA. EHT is a shareholder of Maple Leaf Holdings SA and would fulfil the contract for the building of two, three and four bedroom homes using the Company's sustainable Advanced Modular Housing System with the embedded Enertec solar energy system.

The requisite officials of the Ivory Coast government have now analyzed the sample units to assess the EHT ENERTEC product and have today confirmed that the ENERTEC homes meet their requirements. Requesting simple floor plan modifications, EHT can now finalize the commercial aspects of the opportunity.

Mr. John Gamble, CEO of EHT indicated that "it has taken some time to reach this acceptance phase, a critical stage in the process of completion a commercial contract. However, we have always been confident in our products and the benefits they can bring to our target markets".

The Company will report back when commercial arrangements are finalized or as events warrant.

Below are pictures of the sample houses on site in Ivory Coast.

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The EHT advanced ENERTEC Modular Wall and Roof System uses a proprietary skin and foam core that is stronger and more energy efficient than traditional wood or steel structures providing the highest ratings for energy efficiency. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. After installation, each structure can be furnished and finished to meet the customer's requirements including siding, tile, kitchens and bathrooms or segregated commercial rooms. The finished wall product can be shipped on pallets and delivered via rail, truck or water in standard formats.

At the core of the ENERTEC product line is the ENERTEC Embedded Solar Roof Module. Solar cells can be embedded in a proprietary fire proof skin resulting in substantial cost savings by eliminating heavy glass panels and aluminum racking required for traditional solar panels. Two barriers to greater adoption of solar energy are weight limitations of the roof on which solar panels could be deployed and onerous shipping and labour costs. A lighter product at a better price point will open a larger market for solar due to the faster return of capital investment especially for rural and remote users looking to go off-grid. Furthermore, the entire EHT embedded solar roof becomes a massive solar panel capable of producing significantly more energy than the home requires, allowing the structure to then become an important source of power for the local micro grid or large battery storage systems.

About EnerDynamic Hybrid Technologies

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 out buildings and emergency/temporary shelters.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.

FOR FURTHER INFORMATION PLEASE CONTACT:

John Gamble
Director
(289) 488-1699
jgamble@ehthybrid.com
info@ehthybrid.com

Company Website: www.ehthybrid.cominfo