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Hybrid Power Solutions Secures Major Repeat Order from California Utility Provider

Vancouver, British Columbia–(Newsfile Corp. – August 6, 2024) – Hybrid Power Solutions Inc. (CSE: HPSS) (OTCQB: HPSIF) (FSE: E092) (“Hybrid” or “Business“), a leading provider of innovative fuel-free power solutions, is pleased to announce that it has received another significant order from a major California-based utility company.

The order includes 105 pieces of Batt Pack Pro (BPP) units, including 55 carriers, representing a total end customer value of $860,895 (C$1,192,279.99), before distributor margins. This significant purchase underscores the growing demand for sustainable Hybrid energy solutions in the utility sector.

“We are thrilled to receive this additional order from our valued California customer,” said Francois Byrne, CEO of Hybrid Power Solutions. “It validates the effectiveness and reliability of our Batt Pack Pro units in meeting the demanding energy needs of utilities while supporting their sustainability goals.”

Known for its durability and versatility, the Batt Pack Pro continues to prove its worth in a variety of applications, including utility operations. With 5,000 W of continuous power and up to 10,000 W of surge power, the BPP offers a rugged, weatherproof solution for powering essential equipment in harsh environments.

This reorder not only validates the performance of Hybrid products, but also underscores the company’s growing footprint in the utility sector. As more and more utilities seek to reduce their carbon footprint and improve operational efficiency, Hybrid fuel-free power solutions are becoming an increasingly popular choice.

“This order is a significant step in our ongoing partnership with utility providers,” Byrne added. “We are committed to supporting the transition to cleaner, more efficient energy solutions across all sectors, and this repeat business demonstrates the tangible benefits our products deliver.”

Hybrid Power Solutions continues to focus on innovation and expanding its market presence, particularly in sectors where reliable, sustainable energy is critical. The company expects this order to positively contribute to its revenue growth and further strengthen its position in the clean energy market.

For further information, questions or media inquiries, please contact:

On behalf of the company

Francois Byrne
CEO and Director

[email protected]
1 (866) 549-2743
www.investhps.com


About Hybrid Power Solutions Inc.

Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Stock Exchange under the symbol “HPSS“. The company specializes in developing sustainable energy solutions that redefine energy access and storage across industries. With a focus on innovation and environmental responsibility, Hybrid continues to lead the pack in delivering scalable, cost-effective energy solutions for a greener future.

Forward-looking statements

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “will,” “expects,” “anticipates,” or variations of such words and phrases or statements that certain actions, events or results “will occur.” Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated herein by reference, except as required by applicable securities laws.

The Canadian Securities Exchange is not responsible for the reliability or accuracy of this information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218561