EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) ('EHT') is pleased to provide an update on initiatives with its Puerto Rican JV partner, Brieke Family Assets Ltd ('BFA'), and their endeavors with their Cat5 companies in Puerto Rico.

On January 15th, 2021 the Cat5 companies received their license (#2020-ASP-000382) from the permit management office (OGP) in Puerto Rico with permission to use their Block and SIP systems (as set out below) throughout Puerto Rico. This means that the JV can now set up the factory in Villalba next month to produce the roof and internal wall SIPs, which will be used to build the internal walls in homes and insulate the roofs up to R50. The same factory will be used to manufacture the Cat5 Solar panels with laminates supplied from EHT's Niagara facility to capitalize on the billions of US dollars of renewable energy programs due to be released in the next 60 days. The JV will also be able to export the products to the US mainland to take advantage of the 'Made in America' program. On January 13 th we submitted a bid to the Puerto Rican Department of Economic Development and Trade for their test program to provide emergency power to the homes of low-income households. If we are successful in our bid, it is expected that a program will be organized by this Department to provide emergency power to thousands of homes. In December, we joined the Solar + Energy Storage Association of Puerto Rico (SESA), which provides a unified voice for a strong solar and storage industry in Puerto Rico. They are an affiliate of the Washington, DC-based Solar Industries Association. Their mission is to accelerate the adoption of solar and storage in Puerto Rico. They encourage good decisions at the Energy Bureau, Legislature, Executive & Federal Agencies and help SESA members understand the importance of policy opportunities.

Contact:

Tel: (289) 488-1699

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