{"id":19444,"date":"2022-05-18T07:44:23","date_gmt":"2022-05-18T14:44:23","guid":{"rendered":"https:\/\/marketdepth.com\/?p=19444"},"modified":"2022-05-18T07:44:24","modified_gmt":"2022-05-18T14:44:24","slug":"borqs-partners-with-hawaiian-state-agency-wins-solar-plus-energy-storage-contract","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/borqs-partners-with-hawaiian-state-agency-wins-solar-plus-energy-storage-contract\/","title":{"rendered":"Borqs Partners with Hawaiian State Agency, Wins Solar Plus Energy Storage Contract"},"content":{"rendered":"\n
Borqs Technologies, Inc. (Nasdaq: BRQS)<\/strong> today announced <\/a>a partnership between the Hawaii Green Energy Infrastructure Authority (HGIA) and its solar plus energy storage systems subsidiary Holu Hou Energy LLC (HHE).<\/p>\n\n\n\n The subsidiary also won a contract to supply solar plus energy storage systems to Kunia Village affordable housing community on the island of Oahu.<\/p>\n\n\n\n Shares of Borqs Technologies, Inc. (Nasdaq: BRQS) gained over 19% during the premarket trading session.<\/p>\n\n\n\n Kunia Village includes 135 housing units, a church, an administration building, a former store, and a gymnasium, with the contract a milestone in the Company\u2019s strategy to enter the renewable energy industry, with a specific focus on serving the Multi-Unit Residential Buildings (MURB) market. Each unit will have solar generation as well as a HoluPower energy storage system under the arrangement, HHE and HGIA have created a 3rd<\/sup> party lease program leveraging the latter\u2019s Green Energy Market Securitization financing product, with installation sales expected to be about $30,000 per unit.<\/p>\n","protected":false},"excerpt":{"rendered":"Borqs Technologies, Inc. (Nasdaq: BRQS) today announced a partnership between the Hawaii Green Energy Infrastructure Authority (HGIA) and its solar plus energy storage systems subsidiary Holu Hou Energy LLC (HHE). Affordable Housing on Oahu The subsidiary also won a contract to supply solar plus energy storage systems to Kunia Village affordable housing community on the… View Article<\/a>","protected":false},"author":3,"featured_media":18744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[31,17,16],"tags":[],"acf":[],"yoast_head":"\nAffordable Housing on Oahu<\/h5>\n\n\n\n
Shares up 19%<\/h5>\n\n\n\n
135 Housing Units Being Built<\/h5>\n\n\n\n