InvestorWire NewsRoom


InvestorNewsBreaks — Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Announces Commencement of Grid-Tied Inverter Testing
December 4, 2023

InvestorNewsBreaks — Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Announces Commencement of Grid-Tied Inverter Testing

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean-technology company redefining power-conversion technologies, has begun proof-of-concept testing on its first ZVS (“ZVS”) grid-tied inverter. According to the announcement, the ZVS grid inverter is suitable for deployment in various grid-tied applications, including solar and wind generation, storage, vehicle-to-everything (“V2X”) and electric vehicle (“EV”) charging infrastructure. Once the testing is complete, the company anticipates developing planned grid-connected products that should result in multiple future revenue streams. The announcement noted that the proof of concept is an 800-volt, 10-kilowatt component that incorporates Hillcrest’s own ZVS technology, which is designed to provide a more efficient and reliable method of deploying higher switching frequencies and deliver improved output power quality and control benefits not currently available in most electric power systems. The company has also granted restricted stock units (“RSUs”) to a consultant for up to 180,000 common shares, at a grant price of $0.37 per share. “The initiation of proof-of-concept testing for our first ZVS grid-tied inverter marks a pivotal moment in our pursuit of redefining power conversion technologies,” said Hillcrest Energy Technologies chief technology officer Ari Berger in the press release. “This 800V, 10kW system, equipped with our innovative ZVS technology, is not merely a component; it’s a testament to our commitment to advancing clean-technology solutions. The adaptability of this proof of concept for various grid-tied applications, from renewable-energy generation to EV-charging infrastructure, positions us at the forefront of transformative opportunities, anticipated to generate multiple revenue streams in the future.”

To view the full press release, visit

About Hillcrest Energy Technologies Ltd.

Hillcrest Energy Technologies is a clean-technology company focused on providing advanced power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. For more information about the company, please visit

NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published:

Los Angeles, CA
310.299.1717 Office
[email protected]

InvestorWire is powered by IBN

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).