EnerDynamic Hybrid Technologies Finalizes Joint Venture, Creates United States Based Production Capacity

 

Via stockhouse.com

Welland, Ontario and Surprise, Arizona–(Newsfile Corp. – January 4, 2018) – EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) (“EHT”) is pleased to announce that it has finalized a Joint Venture agreement with Custom Complex Structures (“CCS”) a subsidiary of CampCorp USA. Further to the Letter of Intent disclosed on November 20, 2017, the Joint Venture will utilize EHT’s proprietary Fire Retardant Structural Insulated Panel technology (FRSIP) with CCS’s modular house manufacturing facility in Surprise, Arizona.

The JV will see EHT and CCS work together in South Western USA as well as Western Canada for marketing, sales and manufacturing EHT’s modular housing system with integrated solar roofs. This is especially important in the California market where houses that will be built after December 31, 2019 will have to be Net-Zero Energy (NZE) compliant. A NZE house needs to use solar panels, geothermal heating, or other forms of renewable energy to achieve this status.

EHT and CCS will start working together on projects that CCS currently has in the pipeline, which total over $20M US in 2018 and will build a demonstration house for the Californian market in March.

 

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