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Saturday, November 23, 2024

EHT Enters Co-Venture with IKAN Engineering to Provide Solatel Solar System for Global Telecoms - Yahoo Finance

Last updated Thursday, September 2, 2021 07:30 ET

NIAGARA FALLS, ON / ACCESSWIRE / September 2, 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 has entered a co-venture through it's Windular division with IKAN Engineering Private Limited. ("IKAN"), a leading Engineering and Contracting firm in Pakistan and the Middle East to provide new solar initiatives for the multi-national telecom sector. Both Windular and IKAN have a strong history in providing products and services to major global telecom providers and mobile network operators ("MNOs") including Telenor ASA and Jazz (formerly Mobilink) in Pakistan, the world's fifth-most populous country, with over 225M people and over 50,000 mobile transmission towers.
Under the co-venture, EHT and IKAN will launch a newly branded Solatel solar solution designed with EHT's light weight scalable solar technology to fit on the tens of thousands of towers in Pakistan and the Middle East where traditional solar arrays cannot be implemented.
Highlights of the Co-Venture
Windular and IKAN have an agreement to implement and install the initial Solatel solar system with Telenor ASA, one of the world's largest mobile telecommunications companies with operations worldwide, focused on Scandinavia and Asia. Permitting and construction will begin in Q4 of this year.
Solatel systems will be installed in high-visible, high-traffic urban areas directly onto the...



Read Full Story: https://finance.yahoo.com/news/eht-enters-co-venture-ikan-113000748.html

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