Monday, September 15, 2025

Eguana Tech Receives 1,000 Unit Purchase Order Worth Over $11.0 Million

Eguana Technologies (TSXV: EGT) has received a further purchase order under its previously announced arrangement with the Omega Group. The second purchase order follows a significant order received at the tail end of December.

The latest purchase order amounts to a total of 1,000 units, which is said to represent 5 MW of battery storage. Notably, this is double the size of a purchase order received on December 20, when the firm received an order for 500 units under its arrangement with PowerCenter+.

The order is said to have a value of over $11.0 million, with the significant PO a result of “the rapid uptake of product primarily through select CED GreenTech branches across the United States.”

The strong growth in demand has reportedly resulted in the firm expanding its production capacity, with CEO Justin Holland stating that additional test stations are planned for implementation and commissioning. He also indicated that he expects “a significant jump in product availability in the April through June time frame.”

Commenting on the growing demand, Livio Filice, Global Director of Sales, stated, “We have been systematically onboarding CED GT branches who have been providing immediate purchase orders for the premium branded product, to date branch orders have surpassed 12 million in just over 8 weeks. We anticipate consistent order growth as more branches come onboard and we continue to grow our distribution networks.”

The significant purchase orders follows the firm partnering with PowerCenter+ back in early November 2021. Under that partnership, the company has a white label manufacturing arrangement for a 5kW/14kWh home battery product, as well as a 10kW/28kWh whole home backup solution. PowerCenter+ notably is the producer of the Duracell Power Center.

Eguana Technologies last traded at $0.425 on the TSX Venture.


FULL DISCLOSURE: Eguana Technologies is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Eguana Technologies on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Eguana Tech Sees Production Increase To 400 Units Per Month With Omega Facility Commissioning

Eguana Technologies (TSXV: EGT) appears to have sorted out prior production issues related to its...

Wednesday, May 25, 2022, 09:56:49 AM

Eguana Tech: Cormark Initiates Coverage With $0.70 Price Target

On Friday, Eguana Tech (TSXV: EGT) received its third analyst price target, with Cormark Securities...

Saturday, March 19, 2022, 11:04:00 AM

Eguana Tech: Stifel Reiterates Buy Rating Following Hawaii VPP Announcement

Last week, Eguana Technologies (TSXV: EGT) announced that they received their first order worth $3.6...

Sunday, July 11, 2021, 10:04:00 AM

Eguana Tech To See Evolve Products Distributed In Georgia By AES

Eguana Technologies (TSXV: EGT) continues to announce significant agreements in the US, following its white-label...

Wednesday, December 1, 2021, 07:52:58 AM

Eguana Technologies: Power to the People

Feature image adapted from photograph by Flickr user abdulla.saheem Generated electricity isn’t exactly a perishable...

Wednesday, February 24, 2021, 11:45:00 AM