• Novel system combines S4 Energy’s proprietary KINEXT flywheel storage system with Leclanché’s battery energy storage system
• Almelo, Netherlands project follows successful proof-of-concept pilot
• System provides 9 MW prequalified capacity to support frequency stabilization for TenneT, the Dutch Transmission System Operator
Leclanché and S4 Energy Complete Innovative Hybrid Energy Storage Project for Dutch Frequency Containment Reserve Market
• CEO Anil Srivastava to speak as part of the Western Hemisphere Grand Opening Event
• e-Marine VP Dean Jennings to join panel discussing electrification of maritime vessels including an up-close look at the breakthrough Danish eFerry “Ellen”
Leclanché will participate in this year's Virtual Island Summit. CEO Anil Srivastava will speak in the grand opening event on Tuesday, September 8. Dean Jennings, VP, e-Marine, will be a panelist during a session on the future of clean maritime transport.
• Initial CHF 2.9 million tranche under the Convertible Loan Facility with Yorkville Advisors was drawn down in February 2020 and second tranche of CHF 720,000 in June 2020.
• Third CHF 910,000 tranche will be used to fund Company operations and expansion.
Leclanché has drawn down the third tranche with Yorkville Advisors Global, LP.
• Industrial scale energy storage project in Aigle is the result of a partnership between several key players in the energy transition marketplace.
• The project meets the dual objectives of integrating renewable energy sources into the electrical grid and addressing the needs of electric mobility.
Romande Energie and the SCCER-FURIES competence center install a storage test battery in Aigle. It is the result of a partnership between several key players in the energy transition marketplace. The project meets the dual objectives of integrating renewable energy sources into the electrical grid and addressing the needs of electric mobility.