Smart Off-Grid delivers clean, reliable,
managed power for IDSUD Energies Afrique street lights for the
Logintek Morocco project
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180724005523/en/
Media Relations:Montieth & CompanyBecky Nye,
Associate, +1 646 864 3517bnye@montiethco.comorInvestor
Relations:invest@clearbluetechnologies.comhttp://www.clearbluetechnologies.com/en/investors
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