September 26, 2014 – EnerDynamic Hybrid Technologies (EHT) says it has completed the installation of the 108kW St. Etienne project under the Ontario Feed-in Tariff (FIT) program. The project includes about 520 Jinko solar panels, Schletter racking and Santerno inverters.

“While not material to our overall business, the project was installed using our new rapid deployment installation system which includes a 30% reduction in labour costs and standardization of our supply chain,” said John Gamble, CEO of EHT. “The know-how, including efficiencies and cost savings, derived from this project will drive enhanced profitability for future large scale EHT owned solar projects.”

Under the FIT program, administered by the Ontario Power Authority (OPA), the project is estimated to provide more than 2.5 million hours of electricity for the province.

Gamble continued, “We are pursuing a number of qualifying FIT projects in Ontario and I look forward to updating our shareholders as we firm up these projects.”