GreenEnergyBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Eyes Transition of ZVS Prototype from Lab to Real-World Demonstrations

Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a company focused on developing transformative power conversion technologies, recently completed its 800-volt, 250-kilowatt Zero Voltage Switching (“ZVS”) traction inverter commercial prototype, advancing from a 10-kilowatt technical proof of concept in just one year. “Hillcrest’s ZVS or soft switching capabilities will seek to overcome challenges habitually found in hard-switched wide-bandgap devices such as silicon carbide (‘SiC’) traction inverters. Through the material elimination of switching losses, Hillcrest’s inverter technology has been shown to reduce the thermal management needed across the entire powertrain system. This, in turn, can result in substantial savings in the manufacturing process, reducing system complexity and improving system reliability by reducing stress placed upon power devices,” reads a recent article. “We’ve validated our core technology and will continue working with Hercules Electric Mobility and a Tier 1 automotive supplier, our previously announced co-development partners, on integrating our ZVS traction inverter into their specific powertrain applications,” Hillcrest CTO Ari Berger is quoted as saying. “Implementing our technology in these systems, expected to occur by Q2 2023, will mark another important milestone by transitioning the technology out of our lab and into real-world demonstrations of the Hillcrest ZVS inverter in commercial applications.”

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About Hillcrest Energy Technologies Ltd.

Hillcrest is a clean technology company developing high-value, high-performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. Hillcrest is publicly traded on the CSE under the symbol HEAT and on the OTCQB Venture Market as HLRTF. For more information, please visit www.HillcrestEnergy.tech.

NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF

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