$DFCO Dalrada Technology Spain Announces Agreement
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Posted On: 09/05/2023 10:05:29 AM
$DFCO Dalrada Technology Spain Announces Agreement with Crown Glory Holding to Build and Install up to 4,500 Heat Pumps
https://www.businesswire.com/news/home/20230905641887/en/
SAN DIEGO--(BUSINESS WIRE)--Dalrada Financial Corporation (OTCQB: DFCO, “Dalrada”), a problem-solving innovator that addresses complex, multi-disciplinary global challenges in climate technology, clean energy innovation, and precision manufacturing, announced today that its climate technology subsidiary, Dalrada Technology Spain, has entered into an agreement with Morocco-based global distributor, Crown Glory Holding, to build and install as many as 4,500 energy efficient heat pumps over the course of seven years.
At least 150 of the commercial heat pumps are expected to be installed and operational within the first 12 months, commencing in October of this year, with increased numbers of the high-functioning machines installed each year until the agreement is fully satisfied.
With the agreement, Crown Glory Holding also becomes the exclusive distributor of Dalrada heat pumps for the continent of Africa and select neighboring countries. Furthermore, it also increases the potential of the company to create a building and manufacturing center for Dalrada heat pumps in Morocco.
“Dalrada and Crown Glory Holding working together presents a fantastic opportunity for both companies,” said Brian Bonar, Dalrada’s CEO and Founder. “We’re proud to partner with them as they continue to set the bar for sustainability in that part of the world and we’re ready to provide them with the tools and resources they need to become a true ambassador of clean energy technology.”
Jacques Benhamou, Managing Partner at Crown Glory Holding, agreed with Bonar: “Crown Glory Holding is delighted to announce its collaboration with our strategic partner, Dalrada Technology Spain. We share a common ambition to participate in the sustainable development of Moroccan industry with a Net Zero Carbon emission objective through technologies like heat pumps that are relevant, tangible, and eco-responsible from the first day of use.”
Dalrada’s climate technology team is scheduled to visit Morocco in late September to outline a detailed strategy and create a schedule for building, shipping, and installing the new heat pumps for Crown Glory Holding clients.
The agreement with Crown Glory Holding highlights Dalrada’s recent global expansion as well as the company’s ongoing mission of delivering advanced clean energy technology and improving sustainability on the path to Net Zero.
Dalrada Technology Spain continues to accelerate its efforts in offering leading-edge products and services that optimize the energy resources of clients while minimizing environmental impact and reducing energy costs.
https://www.businesswire.com/news/home/20230905641887/en/
SAN DIEGO--(BUSINESS WIRE)--Dalrada Financial Corporation (OTCQB: DFCO, “Dalrada”), a problem-solving innovator that addresses complex, multi-disciplinary global challenges in climate technology, clean energy innovation, and precision manufacturing, announced today that its climate technology subsidiary, Dalrada Technology Spain, has entered into an agreement with Morocco-based global distributor, Crown Glory Holding, to build and install as many as 4,500 energy efficient heat pumps over the course of seven years.
At least 150 of the commercial heat pumps are expected to be installed and operational within the first 12 months, commencing in October of this year, with increased numbers of the high-functioning machines installed each year until the agreement is fully satisfied.
With the agreement, Crown Glory Holding also becomes the exclusive distributor of Dalrada heat pumps for the continent of Africa and select neighboring countries. Furthermore, it also increases the potential of the company to create a building and manufacturing center for Dalrada heat pumps in Morocco.
“Dalrada and Crown Glory Holding working together presents a fantastic opportunity for both companies,” said Brian Bonar, Dalrada’s CEO and Founder. “We’re proud to partner with them as they continue to set the bar for sustainability in that part of the world and we’re ready to provide them with the tools and resources they need to become a true ambassador of clean energy technology.”
Jacques Benhamou, Managing Partner at Crown Glory Holding, agreed with Bonar: “Crown Glory Holding is delighted to announce its collaboration with our strategic partner, Dalrada Technology Spain. We share a common ambition to participate in the sustainable development of Moroccan industry with a Net Zero Carbon emission objective through technologies like heat pumps that are relevant, tangible, and eco-responsible from the first day of use.”
Dalrada’s climate technology team is scheduled to visit Morocco in late September to outline a detailed strategy and create a schedule for building, shipping, and installing the new heat pumps for Crown Glory Holding clients.
The agreement with Crown Glory Holding highlights Dalrada’s recent global expansion as well as the company’s ongoing mission of delivering advanced clean energy technology and improving sustainability on the path to Net Zero.
Dalrada Technology Spain continues to accelerate its efforts in offering leading-edge products and services that optimize the energy resources of clients while minimizing environmental impact and reducing energy costs.
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