
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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