Saturday, January 20, 2007

Solar Engines

Carmanah_lightRed Herring reports that Carmanah Technologies(OTC: CMHXF) is planning to introduce a line of "solar engines", a bundle that will integrate solar panels, batteries and electronics to power off grid applications like telecom towers and monitoring equipment for pipelines.

This is a new market for Carmanah, whose core business is making solar LED lights, like street signs, airfield lights and lighted marine bouys for off grid applications. Shown is a solar powered light on a telecom tower.

This is the type of installation that traditionally has been served by lead-acid batteries and recently the fuel cell industry has made some inroads. Carmanah's product is a step further than the fuel cells, requiring less maintenance. The Red Herring article also delves into why they are going into this market and the potential market size.

Thanks to Tyler at Clean Break for the tip.

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