Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) is a clean technology company developing transformative power conversion technologies and control system solutions for electrical systems. The company today announced that it is preparing to commence dynamic load bench demonstrations of the Hillcrest SiC traction inverter at Systematec GmbH’s facility in Germany. The company is completing necessary preparations to test Hillcrest’s 250-kilowatt, 800-volt SiC inverter with a motor of a European automotive OEM and intends to begin high-power bench testing in April with expected completion by the end of the second quarter. “Three months into 2023, we’ve made strong progress towards the development and commercialization milestones we outlined for the year. As anticipated, the second quarter is shaping up to be a pivotal time for the company,” said James Bolen, chief commercialization officer at Hillcrest. “Our inverter prototype continues to meet or exceed expectations in demonstration testing under partial load. These results provide the foundation for the next progressions in the testing process with customers who recognize the benefits of our ZVS technology.”
To view the full press release, visit https://ibn.fm/fBhty
About Hillcrest Energy Technologies Ltd.
Hillcrest is a clean technology company developing high-value, high-performance 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. Hillcrest is publicly traded on the CSE under the symbol HEAT and on the OTCQB Venture Market as HLRTF. For more information, please visit www.HillcrestEnergy.tech.
NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork