EnergySage and Eguana Companion to Supply Residential Vitality Storage Low cost Program for Texas Owners – GlobeNewswire

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CALGARY, ALBERTA and BOSTON, March 18, 2021 (GLOBE NEWSWIRE) – Eguana Technologies (TSX.V: EGT) (OTCQB: EGTYF) and EnergySage are pleased to announce a homeowner program to help families suffer from recent storm-related power outages are affected in the state of Texas. The Texas power crisis struck in February as a result of three severe winter storms with a significant power outage that left up to 4.5 million Texas homes and businesses without power for several days.

In response, Eguana is offering Texans a $ 500 discount for the first 1,000 homeowners who place an order for the Eguana Evolve energy storage solution by May 3, 2021. and has assigned product inventory to ensure timely installation. Homeowners should visit EnergySage.com to register and log in to receive custom Solar + Storage offers from Eguana Certified Installers.

EnergySage has developed an innovative and industry-leading market for Solar + storage, giving homeowners and businesses access to world-class product solutions, accredited installers and comparable offerings, while also achieving the highest level of transparency in the market. With over 10 million consumers per year and a network of hundreds of installers across the country, EnergySage is a powerful distribution channel for manufacturers of renewable energy equipment.

“As the busiest website in the solar industry, EnergySage is well positioned to provide manufacturers with access to a large base of skilled solar buyers in the marketplace,” said Charlie Hadlow, EVP, Sales and Marketing, EnergySage. “This enables brands like Eguana to better educate consumers about their solutions and encourage them to request their products from installers. At the same time, EnergySage customers have access to exclusive discounts and incentives.”

“The Texas power outages have again highlighted the challenges of traditional standby generators, which require the availability of a fuel source as a reliable source of power during critical power outage events. These factors drive demand for Eguana's portfolio of innovative, zero-emission, solar-powered energy storage systems that serve as an affordable, permanent backup source, ”said Livio Filice, Director Global Sales at Eguana Technologies. “Our advanced energy management controls and intuitive user interface reduce energy costs, improve reliability and increase renewable energies.”

Eguana's Evolve energy storage solution offers homeowners investing in new solar PV energy independence and resilience as well as retrofitting of existing systems. The Evolve has a capacity of 5 kW / 14 kWh, which can be expanded to up to 42 kWh, so that several days of power reserve are available if necessary. The Evolve system is also housed in a NEMA 3R enclosure, so the units can be installed outdoors and offer maximum design and installation flexibility.

Interested parties can contact:

Eguana Technologies
Livio Filice
Director of Global Sales
Livio.Filice@EguanaTech.com
+1.905.929.7522

About EnergySage:

EnergySage is the leading online comparison shopping marketplace for solar roofs, solar finance, energy storage and community solar. With support from the US Department of Energy, over 10 million consumers across the country trust EnergySage to make smarter energy decisions through simplicity, transparency, and choice. Unlike traditional lead generation websites, EnergySage allows consumers to request and compare competing quotes online from a network of 500+ pre-screened installers – a formula that has been proven to result in higher adoption rates and an average of 20 percent lower prices for consumers and significantly lower costs for providers of renewable energies. For these reasons, leading organizations like Connecticut Green Bank, Duke University, Environment America, Kaiser Permanente, and National Grid are referring their audiences to EnergySage. Visit EnergySage for more information and follow us on Facebook, Instagram, LinkedIn, Twitter and YouTube.

About Eguana Technologies Inc.

Eguana Technologies (EGT: TSX.V) (OTCQB: EGTYF), based in Calgary, Alberta, Canada, develops and manufactures high-performance energy storage systems for homes and businesses. Eguana has two decades of experience providing grid electronics for fuel cell, photovoltaic and battery applications, delivering proven, durable and high quality solutions from its high capacity manufacturing facilities in Europe and North America.

With thousands of its proprietary energy storage inverters used in the European and North American markets, Eguana is one of the leading providers of power controls for solar self-consumption, grid services and demand applications at the edge of the grid.

To find out more, visit www.EguanaTech.com or follow us on Twitter @EguanaTech

To thewonapprox look inG information

The reader is cautioned that some of the information contained herein may constitute forward-looking statements within the meaning of National Instruments 51-102 and other relevant securities laws. Specifically, we include: statements about the value of our power controls to the energy storage market, as well as statements about the use of the proceeds and the company's ability to obtain required approvals from the TSX Venture Exchange.

Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Many factors could cause actual results, performance or achievements of the company, or future events or developments, to differ materially from those expressed or implied in the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date of its publication. Readers are also directed to the Risk Factors section of the company's most recent audited financial statements, which can be found on its website or at sedar.com. The company undertakes no obligation to publicly release changes to the forward-looking information contained herein to reflect events or circumstances that occur after the date of this document or to reflect the occurrence of unexpected events, except as required by applicable securities laws.

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

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