EHT Working With Major North American Exterior Signage Company to Build Off-Grid Illuminated Signage
- Increasing demand for sustainable outdoor signage creates significant opportunities for EHT as both consumers and customers look for environmentally responsible alternatives to power their branding initiatives
NIAGARA FALLS, ON / ACCESSWIRE / September 9, 2021 / EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) ("EHT" or the "Company"), a global leader in renewable energy solar and wind technologies, is pleased to announce that the company is engaged with Pride Signs ("Pride"), a major North American exterior signage company with 35+ years of experience producing a complete range of signage for the North American market with it's production facility in Cambridge, Ontario, Canada.
Though the partnership, Pride and EHT will implement EHT's proprietary solar technology into the overall design of Pride's illuminated exterior signs to construct solar-powered, off-grid signage solutions for the global market. An initial purchase order has been issued for a project in the U.S. to which EHT and Pride Signs are currently working to construct the first solar-powered solutions.
"The approach to fabricate signage with EHT solar as a part of the overall design significantly reduces or eliminates the requirement for traditional utility power which will be a major innovation to this market sector", say Jerry Foster, President of EHT. "The exterior signage industry is a multi-billion-dollar global industry growing at a CAGR of ~6% per year (Future Market Insights 2021) where traditional advertising can now essentially run off-grid. The use of LED illumination has reduced power requirements therefore embedding EHT solar technology provides a clean renewable power source coupled with a highly visible eco-friendly application."
Brad Hillis, President of Pride Signs noted, "Using EHT's solar technology as renewable power source designed into our signage has many advantages. It will help reduce overall consumption of electricity in our global industry and eliminates the cost to run power to signage in many locations. The EHT solar solution will fit well into our customers brand images and green initiatives."
On September 8, 2021, The Biden Administration released a Solar Futures Study showing the United States could get 40% of its electricity from solar energy by 2035, helping decarbonize the U.S. power grid and achieve net-zero emissions in the electricity sector. Powering external signage in remote locations and those with critical functions with solar technology will serve to enforce this mandate and reduce overall grid reliance and power consumption across the US and the world.
About EnerDynamic Hybrid Technologies
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. The Windular Research and Technologies Inc. (WRT) division provides leading edge wind technology to the global telecommunication market whereby the WRT system can be implemented directly on any configuration of existing or new towers. WRT provides a renewable source of power in remote and rural locations where the primary source of power is diesel. WRT's innovative system provides clients with a lower overall operating cost as well as a reduction in their carbon footprint.
For further information please contact:
Chief Executive Officer
EnerDynamic Hybrid Technologies Corp.
Email: [email protected]
Neither the 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.
SOURCE: EnerDynamic Hybrid Technologies Corp.
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