Category: Investor News

Carmanah Technologies Enters Into Supply Agreement with Acuity Brands

  VICTORIA, BRITISH COLUMBIA, CANADA (February 28, 2013) Carmanah Technologies (TSX: CMH) announced today that it has entered into a supply agreement with Acuity Brands, Inc. (NYSE: AYI), a leading provider of LED lighting and lighting controls. The agreement provides for the supply of Carmanah’s commercial-grade solar outdoor light engines for integration into certain luminaires produced by Acuity Brands.

Carmanah Closes Acquisition of Spot Devices

  Carmanah announces today that it has completed the previously announced (November 15, 2012) transaction to acquire the assets of Spot Devices, Inc., (“Spot Devices”). Spot Devices is a market leader in the traffic signaling industry and, together with Cirrus Systems, LLC, (“Cirrus”) a related company, an innovator of System Infrastructure Management Application ("SIMA") technology.

Carmanah Reports Resignation of Director

Carmanah today is announcing the resignation of Dr. Dave Green as a member of the Board of Directors effective December 31, 2012. Dr. Green is the founder (1995) of the business and remains an investor in the company.   Rob Cruickshank, Chairman of the Company, states “David has remained very active and involved with the business throughout his board tenure.

Carmanah/ADB Supply Emergency Solar Systems to Brazilian Air Force

VICTORIA, BC, CANADA (December 21, 2012) Airfield lighting partners Carmanah Technologies (TSX:CMH), ADB Airfield Solutions and Brazilian distributor AVIEX  Importacao have been selected to supply five emergency-deployable, solar-powered airfield and helipad lighting systems to the Brazilian Air Force at a value of over $400,000.    The fully portable lighting systems will be stored at the Brazilian Air Force Command Centre and are designed to be easily deployed at offsite locations as operational requirements change.  All systems include durable deployment containers to ensure safe transportation and storage.

Carmanah Technologies Named A Leading Publicly-Traded Cleantech Company by Corporate Knights

VICTORIA, BC, CANADA (November 30, 2012) The Corporate Knights (CK), a Toronto-based media, research and financial products company and publisher of Corporate Knights magazine, have named Carmanah Technologies Corp. (TSX: CMH) one of ten “Leading publicly-traded cleantech companies of 2012” within The Cleantech Index 2012.

Carmanah Reports Third Quarter 2012 Results

  VICTORIA, BC, CANADA (November 15, 2012) Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) today reported its third quarter results for the period ended September 30, 2012.   For the three months ended September 30, 2012, the Company recorded a net loss of $0.8 million on revenues of $6.7 million.  Total third quarter 2012 revenues were down $1.8 million over the same period in 2011.  The net loss is primarily driven by lower revenues recognized in the current quarter.

Carmanah Technologies Announces Acquisition of Spot Devices including License of SIMA System

  Carmanah Technologies (TSX: CMH) announced today a definitive agreement to acquire the assets of Spot Devices, Inc., (“Spot Devices”) a Nevada, USA-based manufacturer of pedestrian and school zone safety systems. Spot Devices is a market leader in the traffic signaling industry and, together with Cirrus Systems, LLC, a related company, an innovator of System Infrastructure Management Application ("SIMA") technology.

Carmanah to Build Innovative PV System for BrightRoof Solar

BrightRoof Solar LP has contracted Carmanah Technologies (TSX: CMH) to design and build a 250 kW solar photovoltaic (PV) system on an industrial building with varied roof surfaces. Carmanah’s Solar Engineering Procurement Construction (EPC) Services group will begin installation of the rooftop facility in Wallaceburg, Ontario later this month. BrightRoof Solar participates in Ontario’s Feed-In Tariff program as a long-term owner and operator of rooftop solar facilities.

Carmanah Awarded $1.1 Million in Contracts Towards Ontario’s Renewable Energy Development

Toronto Hydro-Electric System Limited has awarded Carmanah Technologies (TSX:CMH) contracts worth approximately $1,100,000 (CAD) to engineer and construct three rooftop solar photovoltaic (PV) generating facilities. The systems are located on York Mills, McGregor and Mimico Arenas and are expected to produce more than 250,000 kWh of clean, renewable energy annually for the City of Toronto. With its first grid connected systems installed in 2001, Carmanah remains one of Canada’s leading Engineering, Procurement and Construction (EPC) service providers of rooftop solar generation.

Press Release from Carmanah Technologies

Carmanah Signs Estimated $10 Million Non-Binding Letter of Agreement