Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean-technology company developing transformative power conversion technologies and control system solutions for next-generation EVs and electrical systems, announced that it has completed proof of concept testing designed to demonstrate the efficiencies of its 250kW 800V commercial prototype traction inverter. During the testing, the high-efficiency inverter showed reduction in switching losses of +90% compared to conventional, hard-switched inverters, which is a significant milestone for the company as it works toward commercialization. According to the announcement, a comparison of losses between soft-switching and hard-switching was calculated with Hillcrest’s system tested with 470V DC-link voltage under 5A load with 20kHz switching frequency. The company reported that its inverter demonstrated an average of more than 90% fewer switching losses and a roughly 90% reduction in dV/dt compared to the conventional, hard-switched inverters currently used in many EVs. The results indicate the potential for Hillcrest to offer higher power density, lower cost and weight and better power quality and performance in future electric vehicles. Hillcrest reported that further testing of its 250kW 800V commercial prototype traction inverter is underway, with plans for a final prototype to be ready for delivery to customers in Q4 of this year. In other news, the company named Ronald Rebeiro as a new member of its technical team. The company has also signed a six-month agreement with Investor Brand Network (“IBN”) designed to increase exposure to retail investors in the United States. “These test results represent another milestone on the pathway to commercialization of our traction inverter,” said Hillcrest Energy Technologies CEO Don Currie in the press release. “It’s an exciting step that proves we’re on the right track to providing the optimal inverter technology that will help make the next generation of EVs even more efficient and more powerful.”
To view the full press release, visit https://ibn.fm/qNO5Y
About Hillcrest Energy Technologies Ltd.
Hillcrest Energy Technologies 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. For more information about the company, 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
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