EnerDynamic Hybrid Technologies Provides Update on Ghana Activity

Welland, Ontario--(Newsfile Corp. - November 30, 2017) - EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) ("EHT") is pleased to provide an update on business activities in Ghana, West Africa.

The Company's Ghana joint venture partner, Groupe Nduom, had previously ordered 100 solar systems from EHT to be installed on residential homes. Customers of GN Power, a Groupe Nduom subsidiary, can now purchase a 3-kilowatt solar system for their home. These systems offer a 24-month break-even cost recovery through the elimination of costly electricity bills and provide a stable and predictable power supply. In comparison, the same system in Canada provides a break-even cost recovery point of approximately 60 months.

These solar system are being funded by GN Bank, another subsidiary of Groupe Nduom, on behalf of GN Power. In the past week, GN Bank has advised EHT that it intends to offer this fully financed residential solar system option to a large segment of bank customers as well as GN Power customers. GN Bank has advised EHT that they will require a minimum of 2,000 solar systems (increased from 100) in 2018. Priced at US$5,000 per system, the increase represents additional revenues of up to US$10,000,000 to EHT.

The EHT/Groupe Nduom joint venture has now begun producing ENERTEC wall/roof panels and are using Welland - produced embedded solar panels on site in Accra, Ghana.

The government of Ghana has fully embraced solar energy with the Minister for Energy, Mr. Boakye Agyarko, revealing that the government has started taking the requisite measures to ensure the Flagstaff House and Parliament house add solar as a major source of their power supply. The Ghana government has further pledged to increase alternative energy supply to 10% of the country's electrical supply, up from 1% currently.

On October 3, 2017, Ghana advanced its solar power generation strategy by ratifying the framework agreement of the establishment of the International Solar Alliance (ISA). Among the benefits for becoming a Founding Member are access to US$10Billion Renewable Energy Credit Facility from India, of which US$2Billion is for Africa countries.

Energy Minister, Agyarko, told journalists "So, it puts us in good stead to tap in to serious money through credit facilities. It puts us in good stead to be attractive to foreign investors and other investors who want to put their monies in solar and it also puts us in good stead to have creative platforms in terms of the research and technology.
The Alliance will help reduce the crunch on the country's budget "so that government doesn't have to spend all that kind of money" and added as well it will reduce the load on the national grid so that "instead of continually adding generation capacity as the population and demand grows, we will be able to manage it."

The Government of Ghana has also committed to installing solar systems on every secondary school, historically a privately funded school network. Intended to reduce school overheads, each of the more than 500 schools are to receive a solar system generating approximately 100kw's for a total of 50Mw's of new solar generation. Already established in Ghana, the Nduom/EHT joint venture is a preferred vendor for government system purchases, being a local employer and expanding its local workforce as required to meet product demand throughout Ghana.

John Gamble, CEO of EHT, commented that "we see this as a major opportunity for EHT to significantly expand its ENERTEC solar panel output from its Welland, Ontario plant in order to supply a very large and growing power market in West Africa, a region with 10 times the population of Canada that is suffering from extreme shortages of both low-cost housing and power. This expansion of expected demand will also drive our joint venture in Ghana to significant volumes and demand capacity growth through the addition of new jobs for the workforce of Ghana."

About EnerDynamic Hybrid Technologies

EHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. EHT's expertise includes the development of its ENERTEC module structures with full integration of smart energy solutions. Using a proprietary skin and foam core that is stronger than traditional wood or steel structural insulated panels, EHT provides exceptional thermal energy efficiency in modular homes, cold storage facilities, residential/commercial out buildings and emergency/temporary shelters. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. In addition to traditional support to established electrical networks, ENERTEC buildings excel where no electrical grid exists.

About ENERTEC

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.

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, President and CEO
(289) 488-1699
jgamble@ehthybrid.com
info@ehthybrid.com
Company Website: www.ehthybrid.com