Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a pioneering clean technology company offering transformative power conversion technologies and state-of-the-art control system solutions, today issued an update to shareholders. Among the highlights, the company reported successful completion of dynamic load bench tests involving its cutting-edge 250-kilowatt, 800-volt SiC inverter with a prominent European automotive original equipment manufacturer (“OEM”). This phase of testing evaluated the impacts of Hillcrest’s revolutionary Zero Voltage Switching (“ZVS”) technology on a high-power dynamic load using a high efficiency motor of the European OEM and confirmed integration of Hillcrest’s technology with the motor. “We have successfully demonstrated the core value and the potential of the Hillcrest ZVS traction inverter with two customers, with another demonstration scheduled to be completed within a few weeks,” said Hillcrest CEO Don Currie. “In the months ahead, Hillcrest will continue to demonstrate the remarkable capabilities of our proprietary ZVS inverter by conducting a series of progressively advanced testing protocols with various customer systems. This strategic approach is designed to address a variety of industry needs and will showcase the efficiency, reliability and performance of our innovative technology.”
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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 on the Frankfurt Exchange as 7HIA.F. 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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