Clear Blue’s Smart Off-Grid System Powers 800 Solar/Wind Street Lights in Settat, Morocco
TORONTO--(BUSINESS WIRE)--Jul 24, 2018--IDSUD Energies, a renewable energy company and division of IDSUD Energies, has installed Smart Off-Grid ™ technology from Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV:CBLU) to power 800 IDSUD Energies solar and wind powered street lights (NHEOLIGHT) for Logintek Morocco. Logintek Morocco, a project by Zinafrik Development Group, is the first national private network of integrated logistics and industrial cities, designed as transit hubs for Morocco and to the rest of Africa. This is phase 1 of a multi-phase project expected to total almost 5,000 Smart Off-Grid streetlights.
With extensive management and control capabilities, automated monitoring and alerts, proactive weather forecasting, and the ability to optimize systems remotely, Smart Off-Grid technology keeps off-grid systems running, prevents outages, and enables remote maintenance and troubleshooting when needed to quickly resolve any issues. The result is unmatched reliability, long-lasting system performance, and a reduction of up to 80 percent in installation and maintenance costs. Using Smart Off-Grid, Clear Blue will manage, control, and maintain all 800 of IDSUD’s solar and wind-powered lighting systems.
Antoine Ettori of IDSUD Energies, said: “Clear Blue’s Smart Off-Grid technology, management service, and expertise have been important keys for the success of this NHEOLIGHT project over the six-month installation period. In collaboration, we installed all systems as the streets were constructed, and on a daily basis were notified by Clear Blue of any issues and fixes needed for the next phase. Today, 100 percent of the systems are operating properly.”
Miriam Tuerk, co-founder and CEO of Clear Blue, said “Clean, managed, ‘wireless’ power is at the core of our company’s vision. IDSUD Energies is becoming a leader in renewable energy and we are excited to be partnering with them to deliver the most reliable, cost-effective street lighting for Logintek Morocco and elsewhere.”
About Clear Blue Technologies International Inc.
Clear Blue Technologies International, the Smart Off-Grid™ company, was founded on a vision of delivering clean, managed, “wireless power” to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems. Today Clear Blue has about 4000 systems under management across 34 countries, including the U.S. and Canada.
About IDSUD Energies:
IDSUD Energies engages in the research and development of small 3D proximity wind turbines and outdoor lighting solutions to transform wind and solar energies into public lighting. It also offers self-reliant wind powered lampposts; telemetering solutions that simplify the remote management of stock; and nheosecure applications that allow equipping installations with security cameras, presence detector, dissuasion lighting, and siren on presence detection. The company was founded in 2013 and is based in Marseille, France. IDSUD Energies operates as a subsidiary of Idsud.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Clear Blue’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Clear Blue’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information contained herein may include, but is not limited to, information concerning the performance of the parties, and the ability to achieve costs savings, under the contract referenced herein.
By identifying such information and statements in this manner, Clear Blue is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Clear Blue to be materially different from those expressed or implied by such information and statements.
An investment in securities of Clear Blue is speculative and subject to several risks including, without limitation, the risks discussed under the heading “Risk Factors” in Clear Blue’s listing application dated July 12, 2018. Although Clear Blue has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, Clear Blue has made certain assumptions. Although Clear Blue believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Clear Blue does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Clear Blue or persons acting on its behalf are expressly qualified in their entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180724005523/en/
CONTACT: Media Relations:
Montieth & Company
Becky Nye, Associate, +1 646 864 3517
KEYWORD: NORTH AMERICA CANADA MOROCCO AFRICA
INDUSTRY KEYWORD: ENERGY UTILITIES OTHER ENERGY TECHNOLOGY HARDWARE OTHER TECHNOLOGY
SOURCE: Clear Blue Technologies International Inc.
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PUB: 07/24/2018 09:17 AM/DISC: 07/24/2018 09:17 AM