Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) holds a vital key that unlocks performance and efficiency improvements through the entire electrification ecosystem. “Hillcrest’s first application for its inverter technology is focused on the growing EV market. Hillcrest’s SiC high-efficiency traction inverter technology converts the DC output from the batteries into AC input used by the motor… Applications of Hillcrest’s technology extend beyond EV operations and charging to grid-connected power generation and energy storage systems. For example, the company’s inverter technology can convert wind turbine generation AC output to deliver power to a battery or deploy it to the grid,” reads a recent article. “We set out to be a market leader in developing and deploying next-generation energy solutions,” Hillcrest CTO Ari Berger was quoted as saying. “As technology-forward experts, we are uniquely positioned to execute our vision and deliver high-efficiency inverter solutions that have the potential to revolutionize global electrification. We’ve already achieved inverter efficiencies exceeding 99% at switching frequencies up to 60 kHz – enabling further efficiency enhancements in the overall system, such as electric motors. These accomplishments exceed any other inverter solutions we’ve seen on the market thus far. Moving forward, we will continue to strive for more groundbreaking improvements as we develop additional applications.”
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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, on the OTCQB Venture Market as HLRTF and the Frankfurt Stock Exchange as 7HIA. 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
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