Eltek Valere signs a USD 12 million agreement on Hybrid Power Solutions
(Thomson Reuters ONE) -
Eltek Valere has signed a USD 12 million frame agreement with an international
mobile operator for deliveries of Hybrid Power Solutions. Under the agreement
Eltek Valere will provide turnkey upgrades of the power solutions on minimum
460 existing sites.
The agreement covers 6 countries in Africa and one country in Central America,
and includes an option for similar upgrades in 6 other countries in the same
areas.
'We are very pleased to see that our focus on hybrid solutions pays off and that
our customer can achieve operational savings, fast return on investment and even
saving the environment' said Rune Finne, CEO at Eltek Valere AS.
The sites are currently powered from diesel generators that run 24 hours a day
with very poor efficiency. The majority of the sites will be upgraded to cyclic
operation, and Eltek Valere will provide High Efficiency rectifiers and advanced
generator control that will cut diesel consumption by more than 50%. These sites
will also be prepared for upgrades with solar panels as an additional source of
energy. The most inaccessible sites, where it is most costly to refill diesel,
will be equipped with Eltek Valere High Efficiency solar chargers and solar
panels from day one.
For more information please contact:
CEO Eltek ASA Rune Finne, +47 9010 5008
CMO Eltek Valere AS Morten Schøyen, +47 9151 7452
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1392836]
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Datum: 11.03.2010 - 02:56 Uhr
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News-ID 1011217
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