No. 3 HLRTF Potential Catalyst - Company Plans To Deploy A Comprehensive Inverter Technology Platform
Hillcrest Traction Inverter Underpins Broader technology Platform With Multiple End-Uses And Applications
- High-efficiency inverter technology has the potential to revolutionize how electric motors respond and how efficiency is gained
- Adaptable architecture reduces development time for wide range of applications
- First technical whitepaper expected in upcoming weeks
VANCOUVER, BC, April 7, 2022 /CNW/ - 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 electrical systems, has announced plans to deploy a comprehensive inverter technology platform based on its initial product offering, a high-efficiency silicon carbide traction inverter for electric vehicles.
Hillcrest's traction inverter represents a new class of inverter technology that solves many common challenges faced by today's EV powertrains. Lighter, more compact and more efficient than current inverters, the Hillcrest high-efficiency inverter enables reduced overall vehicle weight, increased payload and range capability and reduced heat production/loss, thereby optimizing performance and reliability.
"We set out to be a market leader in developing and deploying next-generation energy solutions," said Ari Berger, Hillcrest CTO. "As technology-forward experts, we are uniquely positioned to execute to 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 ground breaking improvements as we develop additional applications."
In addition to electric vehicles and the mobility industry, the Hillcrest inverter technology platform can improve efficiency and reliability across a variety of end uses and applications where inverters play a key role, including grid-tied renewables, charging and storage systems, and high voltage/high power applications such as utility-scale grid, rail and container ships.
"Based on the addressable markets and our technology development timeline we initially optimized our inverter design for vehicle electrification and other e-mobility uses," stated Hillcrest CEO Don Currie. "Conversations with more than a dozen automakers and automotive suppliers have validated the value proposition for our inverter technology to meet not only current, but future EV needs."
"We also recognized the value our inverter offers in numerous other high-potential applications beyond vehicle electrification," Currie continued, "and are hard at work on the development of a grid-connected power generation application with a commercial prototype planned within the next 12 months."
Over the coming weeks, the Company expects to release its first technical whitepaper on the Hillcrest inverter technology. The first paper will include test results confirming the material elimination of switching losses and inverter efficiency exceeding 99%.
Read the full article here.
No. 4 HLRTF Potential Catalyst - Two Recent Hires Could Prove Game-Changing
Hillcrest Adds Power Industry Executive James Bolen To Expand Commercialization Opportunities
VANCOUVER, BC, Jan. 26, 2022 /PRNewswire/ - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) ("Hillcrest" or the "Company"), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation powertrains, is pleased to announce the addition of James Bolen as Commercialization Consultant. Mr. Bolen will join in the continued development and execution of the Company's commercialization strategy, leveraging decades of international experience and relationships across the energy and automotive sectors to drive adoption of Hillcrest's Silicon Carbide High Efficiency Inverter (SiC HEI) technology and additional technologies currently in development.
Mr. Bolen brings substantial value to Hillcrest with more than 30 years of executive-level experience leading innovation teams from concept development to commercial success. Mr. Bolen is currently Co-Owner and General Manager at Global Power Technologies USA, a global leader in ultra-reliable power systems for remote industrial architecture, where he's served for more than 20+ years helping to guide the company's growth evolution through various ownership structures. Mr. Bolen holds an M.B.A. from Ivey School of Business at University of Western Ontario and is a graduate of the University of Saskatchewan with degrees in electrical engineering and computer science.
"We continue to build an impressive team to support the development and commercialization of our HEI and future technologies," said Don Currie, Hillcrest Energy Technologies CEO. "James brings proven expertise and rigor to the process of creating value through innovation, and has a demonstrated track record of matching technologies to optimal market applications. He will play a vital role in building and executing our commercialization plans."
Read the full article here.
Hillcrest Adds Renowned Automotive Executive To Spearhead European Tech Commercialization And EV Market Penetration
Dr. Heinz-Georg Burghoff Signs on as Commercialization Consultant to Drive High Efficiency Inverter Adoption
VANCOUVER, BC, Dec. 14, 2021 /PRNewswire/ - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) ("Hillcrest" or the "Company"), a clean tech innovation and e-mobility development company, is pleased to announce the addition of Dr. Heinz-Georg Burghoff as Commercialization Consultant. Dr. Burghoff will help drive and oversee European market access and business expansion activity, working EV and automotive OEMs as the Company advances its Silicon Carbide High Efficiency Inverter (SiC HEI) technology and overall growth strategy.
Dr. Burghoff is an automotive business and product strategy expert in vehicle electronics. Schooled and trained as a scientific expert in electric technologies and applied physics, Dr. Burghoff spent over 20 years with DaimlerChrysler AG, holding various management positions in passenger car development, heading up electric/electronic development for all passenger cars as well as directing battery technology and strategy. He currently operates as an independent consultant, with extensive sector expertise in product development and commercialization, financial and technical evaluation, and program implementation.
"We are building a formidable team to support the continuing development and commercialization of our HEI technology across major opportunity areas," said Don Currie, Hillcrest Energy Technologies CEO. "Dr. Burghoff has a storied track record of making things happen, and carries industry relationships that hold considerable influence and value. He will play a key role in ensuring Hillcrest successfully and efficiently advances to commercialization with industry support."
Read the full article here.
HLRTF Recap - 4 Potential Catalysts To Know Right Now
No. 1 - Technology Development Collaboration With Systematec GmbH
No. 2 - Acquisition Of ANIGO Technologies Ltd
No. 3 - Company Plans To Deploy A Comprehensive Inverter Technology Platform
No. 4 - Two Recent Hires Could Prove Game-Changing
Coverage is officially reinitiated on HLRTF. When you have time later, do this: