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Energy Technologies Secures Lucrative Solar Deal
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Energy Technologies Secures Lucrative Solar Deal

Energy Technologies Limited (AU:EGY) has released an update.

Energy Technologies Limited has announced a significant Wholesale Distribution Agreement with Gantner Instruments Environment Solutions, enabling it to offer comprehensive solutions for DC electrification in solar farms across Australia and New Zealand. The deal, leveraging Bambach’s manufacturing capabilities, is expected to boost the company’s revenue forecast from $2 million to $5 million. Additionally, Energy Technologies has undergone a leadership change, with current CEO Alf Chown taking long service leave and Nick Cousins stepping in as acting CEO.

For further insights into AU:EGY stock, check out TipRanks’ Stock Analysis page.

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