Press
Release from Xantrex Technology Inc.
August 22, 2006
Vancouver, B.C. Xantrex Technology Inc. (TSX:XTX) installed its new
Hybrid Power System combined with solar power on the Xeni Gwet'in
First Nation near Chilko Lake, British Columbia. This remote site
is located in the Chilcotin area of central B.C., more than three
hours from the nearest urban center, with no access to the provincial
electricity grid.
"This system is a state-of-the-art off-grid electricity supply."
- John Wallace, Xantrex CEO.
The Xantrex Hybrid Power System is well-suited to supply electricity
to homes in remote areas. Similar to hybrid cars, the Xantrex Hybrid
Power system integrates advanced power electronics, a battery bank,
and a generator into a single system providing enough electricity
to power an average household.
The Xantrex Hybrid Power System can work efficiently with renewable
energy sources such as solar power, micro-hydro power systems and
small-scale wind generators to produce electricity for use in the
home immediately or stored in the batteries for later use. The advanced
features of this system include real-time satellite data monitoring,
automatic battery conditioning, battery temperature management, and
optimal generator fuel consumption. The system also offers comprehensive
data logging and advanced partial state of charge operation.
The Xantrex Hybrid Power System provides users with a cleaner and
more efficient electricity system than continuously running a combustion
generator. When combined with a solar array, the home runs off solar
energy during the day and stores excess energy generated from the
solar panels in the battery bank. At night or when the house electricity
demand is high, the power comes from stored energy in the battery
and if required, the system automatically starts the generator and
seamlessly combines the electricity from these sources. When the battery
bank is depleted, the generator automatically turns on and runs efficiently
to recharge the batteries. The Xantrex Hybrid Power System is easy
to operate and was developed to minimize generator run time, thus
saving fuel and reducing greenhouse gas emissions.
"This system is a state-of-the-art off-grid electricity supply,"
said John Wallace, Xantrex CEO. "It's small, quiet, convenient,
cost effective and a tremendous improvement over the existing combustion
generator that runs continuously. The Xantrex Hybrid Power System
has great potential for powering remote off-grid residential and commercial
sites."
"We are extremely happy with the Xantrex system," said
George Colgate, Manager of Xeni Gwet'in Enterprise, which provides
technical and construction services to the First Nation. "It
reduces generator fuel consumption and increases reliability while
reducing harmful greenhouse gases. We look forward to eventually installing
these systems on 30 other houses in the area."
The demonstration project is being funded by Xantrex and the Canadian
government's Technology Early Action Measures (TEAM) program. TEAM
is an interdepartmental technology investment program that supports
projects designed to demonstrate technologies that mitigate greenhouse
gas (GHG) emissions nationally and internationally, and that sustain
economic and social development.
To learn more about the Xeni Gwet'in First Nation, please click http://www.xenigwetin.com/.
About Xantrex
Xantrex Technology Inc. (www.xantrex.com) is a world leader in the
development, manufacturing and marketing of advanced power electronic
products and systems for the renewable, portable, mobile, and programmable
power markets. The company's products convert and control raw electrical
power from any central, distributed, renewable, or backup power source
into high-quality power required by electronic and electrical equipment.
Headquartered in Vancouver, British Columbia, the company has facilities
in Arlington, Washington; Livermore, California; Elkhart, Indiana;
Barcelona, Spain; and Reading, England. Xantrex is publicly listed
on the Toronto Stock Exchange under the ticker symbol "XTX".
Note that this news release contains forward-looking statements related
to Xantrex Technology Inc. Such statements reflect the current views
of Xantrex with respect to future events and are subject to risks
and uncertainties that could cause actual results to differ materially
from those contemplated in these forward-looking statements.
For further information, please contact:
Cathy Gibson Epp
604-422-2589
cathy.gibson@xantrex.com
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