Company's modular housing technology can be rolled out quickly, affordably
TORONTO—EnerDynamic Hybrid Technologies Corp., a Welland, Ont.-based cleantech firm, has won a major contract to build modular housing for refugees in Sweden.
Under the agreement, EHT will supply Property Inventor AB, a Swedish company with a track record installing modular hotels, with 1,000 modular hotel units over the next 12 months.
The modular units offer compact, multi-level housing for short term use, and are optimized for rapid deployment.
“Our modular construction technology has proven to be an ideal solution for the current refugee / immigrant housing crisis,” Roman Eder, CEO of EHT, said. “These energy efficient units can be quickly assembled in the required location without the need for power grid connection, thereby reducing costs and more importantly time.”
Each unit is valued at approximately $32,000, bringing the total value of the contract to $32 million.
EHT secured the technology to build the units in its acquisition of EVIA late last summer.
The company said it currently has ongoing discussions with other governments dealing with the fallout from the Syrian refugee crisis and other large migrations of people around the world.