Eguana Technologies Inc (OTCMKTS:EGTYF) Stock In Focus After Recent News
High performance energy storage systems manufacturing company Eguana Technologies Inc (OTCMKTS:EGTYF) was in focus yesterday after it emerged that it had integrated its technologies with Virtual Peaker. Virtual Peaker offers a cloud based SaaS (software as a service), which allows modern utilities with the best possible distributed energy platform in the world.
Trading Data
On Thursday, EGTYF stock rose 1.57% to $0.1228 with more than 4.34K shares, compared to volume of 42.10K shares. The stock moved within a range of $0.1222 – 0.1228 after opening trade at $0.1222.
Eguana and Virtual Peaker Integrate Technologies to Leverage Energy Storage to Benefit Power Grid Transformation
By way of this technology integration, the companies hope to provide consumers and utilities with a range of dynamic options to deploy batteries for benefitting the grid and for cutting down on energy costs. By way of this partnership, all utilities which are supported by the DERMS suite by Virtual Peaker would shift and connect with the internet enabled Eguana energy storage system.
It was a significant new announcement and one that could bring about a major shift in the world of consumer utilities. It would be interesting to see if the Eguana stock can manage to come on to the radars of investors today. The Chief Technology Officer of Eguana DaljitGhotra noted that the company was pleased with the collaboration since it would allow it to deliver significant value to both the energy users and the task of power grid transition.
