Press Releases

DALLAS and YVERDON-LES-BAINS, Switzerland, February 4, 2020 – Leclanché SA (SIX: LECN), one of the world's leading energy storage companies, was called on to join a panel of energy experts at last week’s 20th annual Caribbean Energy Conference run by S&P Global Platts.

Bryan Urban, executive vice president, Leclanché, who heads up the company’s Stationary Solutions business, participated in a panel, called “Renewable Energy Project Development – Expanding the Scope of Green Energy,” moderated by Thorsten Dradach, head of Power Americas, MAN Energy Solutions.  Held in Rio Grande, Puerto Rico, the conference provided attendees with the latest developments in energy investment, infrastructure and policies in the region.

In his presentation, Urban focused on of-the-moment advances in utilizing renewable energy and cutting-edge storage solutions in island-based microgrid environments.

“Coupling renewable energy sources such as wind and solar with battery storage provides many obvious benefits to local utilities and customers,” said Bryan Urban, executive vice president, Leclanché. “With the constant fluctuation associated with these renewable resources, battery energy storage becomes essential to stabilize the grid, provide resiliency and levelized peaks in generation. If done right, energy storage can transform intermittent renewables into valuable base load power which the utilities can dispatch and control.”

“Sophisticated integration of new and existing generation with battery storage systems, such as in the Caribbean’s largest such system we’ve just designed for St. Kitts, allow utilities to optimize the complete generation mix, saving both money and the environment. Battery systems can also be installed to operate as spinning reserve on a 24/7 basis, as they react quicker and more accurately to load fluctuation than existing spinning reserve capacity,” said Urban.

Leclanché’s Stationary Solutions group has completed more than 100 MWh of modular, scalable and cost-effective projects worldwide. It has accumulated a great deal of marketplace expertise in implementing  projects for governments, utilities and large corporations for projects spanning microgrids, grid stabilization, frequency regulation, renewables storage, C&I and energy management systems.

Other speakers on the panel included Gregg Anderson, executive director, Energy & Utilities, OfReg; Robert Blenker, president and CEO, WRB Energy; Pip Decker, senior vice president, BMR Energy; Benigno Trueba, Consorcio Azucarero de Empresas Industriales; Megan Reilly Cayten, senior advisor, Javelin Capital.

* * * * *

About Leclanché

Headquartered in Switzerland, Leclanché SA is a leading provider of high-quality energy storage solutions designed to accelerate our progress towards a clean energy future. Leclanché’s history and heritage is rooted in over 100 years of battery and energy storage innovation and the Company is a trusted provider of energy storage solutions globally. This coupled with the Company’s culture of German engineering and Swiss precision and quality, continues to make Leclanché the partner of choice for both disruptors, established companies and governments who are pioneering positive changes in how energy is produced, distributed and consumed around the world. The energy transition is being driven primarily by changes in the management of our electricity networks and the electrification of transport, and these two end markets form the backbone of our strategy and business model. Leclanché is at the heart of the convergence of the electrification of transport and the changes in the distribution network. Leclanché is the only listed pure play energy storage company in the world, organised along three business units: stationary storage solutions, e-Transport solutions and specialty batteries systems. Leclanché is listed on the Swiss Stock Exchange (SIX: LECN).

SIX Swiss Exchange: ticker symbol LECN | ISIN CH 011 030 311 9

Disclaimer

This press release contains certain forward-looking statements relating to Leclanché's business, which can be identified by terminology such as "strategic", "proposes", "to introduce", "will", "planned", "expected", "commitment", "expects", "set", "preparing", "plans", "estimates", "aims", "would", "potential", "awaiting", "estimated", "proposal", or similar expressions, or by expressed or implied discussions regarding the ramp up of Leclanché's production capacity, potential applications for existing products, or regarding potential future revenues from any such products, or potential future sales or earnings of Leclanché or any of its business units. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of Leclanché regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Leclanché's products will achieve any particular revenue levels. Nor can there be any guarantee that Leclanché, or any of the business units, will achieve any particular financial results.