EQS-Adhoc: Leclanché SA: Leclanché to supply one of the largest Energy Storage Systems in the world
EQS Group-Ad-hoc: Leclanché SA / Key word(s): Incoming Orders
Leclanché SA: Leclanché to supply one of the largest Energy Storage Systems in
the world
18.01.2016 / 22:18
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
Leclanché to supply one of the largest Energy Storage Systems in the world
- Hecate Canada Storage II, LLP, an emerging Canadian Project Development and
Electrical Systems Integrator, selects Leclanché as the exclusive partner to
provide 13MW / 53MWh Energy Storage Systems.
- Project covering six Ancillary Services agreements with Ontario's Independent
Electricity System Operator (IESO), positioned at several locations, is due for
financial closing in H1 2016, at which time the purchase order will be
completed.
Yverdon-les-Bains, Switzerland, January 18, 2016 -Continuing on its rapid growth
path, Leclanché has been selected to deliver one of the largest Grid Ancillary
Services projects in North America.
Leclanché will provide the entire Battery Storage Systems for all the contracted
facilities to be built near Toronto, Ontario - Canada. Leclanché will team up
with Deltro Energy Inc. who will procure, design and construct the site
facilities balance of plant scope and high voltage connections to the grid.
Deltro will also be the operator of the facilities and Greensmith Energy will
provide the energy management system, when the projects come on line, expected
in 4Q 2016.
The IESO, the system operator in Ontario awarded the contracts through a
competitive solicitation process in 2014 as part of its Energy Storage
Procurement Phase 1 project. The IESO plans to use the energy storage systems to
meet its needs for fast-reacting ancillary services. The principal service
provided under these contracts is voltage control and reactive power support, an
application that's becoming increasingly important for Ontario and other regions
with significant amounts of intermittentwind and solar powernow on the high
voltage transmission networks.
David Del Mastro, CEO of Deltro, comments: "After an intense round of
competitive bidding among many of the world's largest energy storage providers,
we have decided to team up with Leclanché for this project because of their high
quality battery storage products, very professional approach and ability to
provide thoughtful solutions for the complete design and construction of a full
battery power plant. We have asked Leclanché to deliver these storage systems on
a turn-key basis and will work closely with them to ensure this project is
successfully constructed and fully integrated into the IESO grid".
Anil Srivastava, CEO of Leclanché, adds: "We are very pleased to have been
selected for this world leading project. Thanks to the exceptional engineering
and project development capabilities of Deltro and the quality Ancillary
Services agreements, we are confident that the project will soon reach financial
closing. We hope to start the construction in spring 2016 and start the first
operation by the end of the year. This win is yet another solid proof of the
effective execution of Leclanché's growth plan and the market appreciation of
Leclanché's full product and services offering".
For further information
Jacques Boppe / Maya Aprahamian
Phone: +41 (0) 24 424 65 00
E-Mail: communication@leclanche.com
About Leclanché
Leclanché SA, listed on the Swiss stock exchange (SIX:LECN), has a wide range of
energy storage solutions for homes, small offices, large industries, electricity
grids, as well as hybridization for mass transport systems such as fleet of
buses, trams, ferries, etc. Established in 1909, Leclanché has been a reliable
partner for battery energy storage solutions for over 100 years. Founded in the
tradition of Georges Leclanché, the inventor of the dry cell battery, Leclanché
today has a rich portfolio of Battery Energy Storage Systems (BESS) that include
bespoke battery systems from industry leading lithium-ion solutions. Since 2006,
the company evolved from a traditional battery producer into one of the first
developers, manufacturers and provided of lithium-ion cells in Europe.
Leclanché's BESS are optimized for various applications, in particular for the
integration of renewable energy, diesel fuel reduction, electricity
grid-connected ancillary services, peak power shaving for heavy industries, as
well as for heavy duty transportation in buses, trams, trains or maritime
vessels. Leclanché products are characterized by a very high cycle stability
(both for cells with titanate and graphite anodes) and industry-leading long
service life. Thanks to our patented separator technology, which is a core
element of lithium-ion batteries, Leclanché is able to make cells with very good
safety characteristics, under a highly automated production process. Leclanché
operates a fully automated plant for the production of large format lithium-ion
cells at an annual maximum capacity of up to one million cells and is capable of
running multiple chemistries through production for different cell
characteristics. In addition, Leclanché offers a number of specialized battery
systems through its Portable Business Unit, such as customer-specific energy
storage systems for defence and medical applications. Leclanché also distributes
primary and secondary batteries and accessories of other producers.
End of ad hoc announcement
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Additional features:
Document:http://n.eqs.com/c/fncls.ssp?u=WGCQRENVSP
Document title: PR_LEC_DELTRO_ENG
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18.01.2016 News transmitted by EQS Schweiz AG. www.eqs.com - news archive:
http://switzerland.eqs.com/de/News
The issuer is responsible for the contents of the release.
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Language: English
Company: Leclanché SA
Av. des Sports 42
1400 Yverdon-les-Bains
Switzerland
Phone: +41 (24) 424 65-00
Fax: +41 (24) 424 65-20
E-mail: investors@leclanche.com
Internet: www.leclanche.com
ISIN: CH0110303119, CH0016271550
Valor: A1CUUB, 812950
Listed: Foreign Exchange(s) SIX
End of News EQS Group News Service
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