Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) ("Hybrid"), a leading provider of sustainable energy solutions, is pleased to announce a significant energy sale secured following its participation in the quarterly superintendent meeting in Ottawa.
As the exclusive vendor invited to this event, attended by over 20 superintendents, Hybrid engaged with key industry decision-makers, resulting in a confirmation of a sale of the Spark from a key procurement manager. This sale will see Hybrid's innovative trailer mounted hybrid Spark powering major pieces of equipment on their construction site.
Francois Byrne, CEO of Hybrid Power Solutions, commented: "This major sale is a testament to the effectiveness and appeal of our sustainable energy solutions. The procurement manager's enthusiasm suggests our products align perfectly with their organization's commitment to achieving net zero by 2050." The sale addresses critical industry challenges highlighted during the meeting, including the costs associated with operating on diesel power generators and the need to reduce emissions Superintendents revealed spending up to $9,000 to $10,000 per month on diesel for on-site office trailers, a cost that Hybrid's solutions aim to significantly reduce.
Hybrid's partnership with EllisDon Corporation, a leading construction services company, played a crucial role in securing this sale. During the meeting's sustainability portion, EllisDon featured Hybrid's diesel + solar hybrid system and the trailer-mounted Spark, emphasizing Hybrid's pivotal role in the future of construction energy.
"This sale, in collaboration with EllisDon Corporation, marks a significant milestone in our mission to transform the energy landscape in the construction industry," added Byrne. "Our solutions not only offer substantial cost savings, but also enhance safety and efficiency on-site, supporting the industry's transition towards sustainable practices."
Hybrid Power Solutions anticipates that this major sale will contribute significantly to its revenue growth and further strengthen its position in the clean energy market, particularly within the construction sector.
