BRIEF-Electrovaya signs LOI for residential energy storage battery modules
June 15 (Reuters) - Electrovaya Inc:
* Signed a letter of intent with a global original equipment manufacturer for delivery of battery modules for residential energy storage
* High volume deliveries are scheduled to start in early Q1 CY2017 with smaller quantities with delivery in CY2016
* Demand for co's battery modules by OEM, estimated to be up to Euro 199 million over a period of 3 years Source text for Eikon: Further company coverage:
© Thomson Reuters 2017 All rights reserved.