Hillcrest's ZVS Traction Inverter Prototype Targets Cost Efficiency and Compact Design for EV Applications
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2024) - Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) is pleased to announce that its Zero-Voltage Switching (ZVS) traction inverter prototype is expected to provide cost efficiency, offering significant savings for electric vehicle (EV) manufacturers. According to recent analysis conducted by IDTechEx analyzing electric vehicles (EVs) from 2013 to 2023, there is a clear trend toward a significant reduction...
2024-11-12 8:30 AM EST
Hillcrest Energy Technologies to Launch FPGA-Based Control System
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a pioneering force in power electronics, is thrilled to announce the anticipated launch of its FPGA-based control system for Zero Voltage Switching (ZVS) inverters by the end of this year. The ability to offer this control system in addition to the microcontroller option currently available for Hillcrest's ZVS inverters satisfies a need expressed by several...
2024-11-07 8:30 AM EST
Hillcrest Energy Technologies Advances Towards Commercial Agreements and Expands European Demonstration Efforts
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2024) - Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) is pleased to provide an update on the Company's recent accomplishments, highlighting key advancements and strategic developments as it continues to position itself as a leader in the fast-growing electric vehicle (EV) and renewable energy sectors. "Our ZVS technology represents a significant leap forward in power conversion capabilities. Recent...
2024-10-15 8:00 AM EDT
Hillcrest Announces Drawdown of Previously Announced Equity Drawdown Facility
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company") is pleased to announce that, further to its news release on July 22, 2024, it has closed the most recent drawdown of the previously announced $5 million equity drawdown facility (the "Equity Facility"). The Company has provided the third-party investor (the "Investor") with a drawdown notice and on August 26, 2024, the Investor...
2024-08-26 4:45 PM EDT
Hillcrest Submits Drawdown Notice
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company") is pleased to announce it has submitted a drawdown notice (the "Notice") to a third-party investor (the "Investor") pursuant to the $5 million equity drawdown facility (the "Equity Facility") initially announced on December 19, 2023. The Notice provides that the Company will drawdown $540,000 from the Equity Facility (the "July...
2024-07-22 6:36 PM EDT
Hillcrest Energy Technologies Unveils Power Factor Correction Prototype to Meet Growing Client Demand
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a leader in clean technology and power conversion solutions, proudly announces the launch of a testing and demonstration program for its latest Zero Voltage Switching (ZVS) technology application. This initiative showcases a prototype designed to highlight the value of Hillcrest's ZVS technology in power factor correction. "Over the past few months, several...
2024-07-10 8:00 AM EDT
Hillcrest Energy Technologies Books 2024 Demonstration Slots Amid Surging Interest in ZVS Inverter
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company specializing in power conversion technologies, is pleased to announce that demonstration slots for 2024 are now reserved for existing customer engagements. "The demand from potential customers in both electric vehicle ("EV") and stationary applications is accelerating as we continue to adapt to customer feedback, improve...
2024-06-24 8:00 AM EDT
Hillcrest Partners with Ocean Batteries to Deploy ZVS Inverter in Grid-Connected Energy Storage Systems
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company specializing in power conversion technologies, is pleased to announce the completion of a joint development agreement with Ocean Batteries AS ("Ocean Batteries") for the delivery of 300kVA | 800V Hillcrest ZVS inverter prototypes. Hillcrest will work with Norway-based Ocean Batteries on the design and testing of a ZVS...
2024-06-17 8:00 AM EDT
Hillcrest Energy Technologies Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company revolutionizing power conversion technologies and advanced control system solutions, is pleased to announce the results of voting at its Annual General Meeting (AGM) held Wednesday, June 5, 2024. Shareholders overwhelmingly voted in favour of all items put forward by the Board of Directors...
2024-06-05 5:00 PM EDT
Hillcrest Announces Closing of Oversubscribed Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), announces that, further to its news release on May 27, 2024, the Company has completed a non-brokered private placement of 3,530,000 units of the Company (the "Units") at a price of $0.25 per Unit for gross proceeds of $882,500 (the "Offering"). Each Unit is comprised of one common share in the capital of the Company (a "Share") and...
2024-06-04 8:30 AM EDT
Hillcrest Engages Gold Standard Media
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company specializing in power conversion technologies, is pleased to announce the engagement of Gold Standard Media, LLC ("GSM"). GSM has conducted marketing services for a broad range of companies listed on exchanges from the TSX Venture Exchange to the New York Stock Exchange since 2010. Hillcrest...
2024-05-31 5:00 PM EDT
Hillcrest Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), announces a non-brokered private placement of up to an aggregate of 3,000,000 units of the Company (a "Unit") at a price of $0.25 per Unit for aggregate gross proceeds of up to $750,000 (the "Offering"). "This placement includes shareholders who were unable to meet the deadlines associated with our previous offering," stated...
2024-05-27 8:30 AM EDT
Hillcrest Announces New Joint Development Opportunity and Provides Additional Shareholder Updates
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company specializing in power conversion technologies, is pleased to announce that it is finalizing development terms with a European energy storage services innovator ("ESS Innovator") for the delivery of 300kVA | 800V Hillcrest ZVS inverters. Hillcrest is actively working with the ESS Innovator to finalize a joint development...
2024-05-17 8:30 AM EDT
Hillcrest Returns to the UK and Provides Additional Shareholder Updates
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, is actively pursuing business and financing opportunities in the United Kingdom. Hillcrest CEO Don Currie returned to the UK this week, where he engaged with numerous potential partners. He emphasized the significance of maintaining a consistent presence in the region, stating,...
2024-05-09 5:00 PM EDT
Hillcrest Announces Closing of Third and Final Tranche of Its Oversubscribed Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a ("Hillcrest" or the "Company"), is pleased to announce that, further to its news releases dated January 31, 2024, February 9, 2024 and April 17, 2024, the Company has closed the third and final tranche of its oversubscribed non-brokered private placement in the amount of 6,762,000 units of the Company (the "Units") at a price of $0.25 per Unit for gross...
2024-04-30 10:10 PM EDT
Hillcrest's ZVS Technology Gains Traction in New Applications, Fuels Growth
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), is making significant strides in advancing its ZVS (Zero Voltage Switching) technology, heralding a new era in power conversion solutions. The company's recent endeavors underscore its commitment to innovation and expansion into diverse applications, propelling it toward commercial success. One notable achievement is the ongoing testing of Hillcrest's ZVS...
2024-04-25 8:30 AM EDT
Hillcrest Announces Closing of Second Tranche of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), is pleased to announce that, further to its news releases dated January 31, 2024 and February 9, 2024, the Company has closed the second tranche of its non-brokered private placement in the amount of 3,582,000 units of the Company (the "Units") at a price of $0.25 per Unit for gross proceeds of $895,500 (the "Second Tranche"). The...
2024-04-16 5:25 PM EDT
Hillcrest Engages with Powertech Labs for Grid Inverter Testing and Provides Additional Shareholder Updates
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, is pleased to announce that the Company has entered into a collaboration agreement with Powertech Labs Inc. ("Powertech Labs"). Powertech Labs is a 100%-owned subsidiary of BC Hydro, is based in Surrey, British Columbia, and has more than 200 employees. Under this agreement,...
2024-04-10 8:30 AM EDT
Hillcrest Achieves Major Milestone: In-Water Traction Inverter Demonstration with Hercules Electric Mobility
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, proudly announces the successful completion of the first in-vehicle demonstration of the Company's Zero Voltage Switching (ZVS) traction inverter. The demonstration took place in a Hercules Electric Mobility powered E-boat on Orchard Lake, which is located approximately 27...
2024-03-19 8:30 AM EDT
Hillcrest's ZVS Technology to Elevate Efficiency and Performance of Grid-Connected Power Applications
Vancouver, British Columbia--(Newsfile Corp. - March 7, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, is redefining the power inverter landscape with its Zero Voltage Switching (ZVS) technology platform. This cutting-edge solution introduces the material elimination of switching losses and the ability to deploy higher switching frequencies without the common drawbacks...
2024-03-07 8:30 AM EST