• Hecate Canada Storage II, LLP, an emerging Canadian Project Development and Electrical Systems Integrator, selects Leclanché as the exclusive partner to provide 13MW / 53MWh Energy Storage Systems.
• Project covering six Ancillary Services agreements with Ontario’s Independent Electricity System Operator (IESO), positioned at several locations, is due for financial closing in H1 2016, at which time the purchase order will be completed. 

Yverdon-les-Bains, Switzerland, January 18, 2016 – Continuing on its rapid growth path, Leclanché has been selected to deliver one of the largest Grid Ancillary Services projects in North America.

Leclanché will provide the entire Battery Storage Systems for all the contracted facilities to be built near Toronto, Ontario – Canada. Leclanché will team up with Deltro Energy Inc. who will procure, design and construct the site facilities balance of plant scope and high voltage connections to the grid. Deltro will also be the operator of the facilities and Greensmith Energy will provide the energy management system, when the projects come on line, expected in 4Q 2016.

The IESO, the system operator in Ontario awarded the contracts through a competitive solicitation process in 2014 as part of its Energy Storage Procurement Phase 1 project. The IESO plans to use the energy storage systems to meet its needs for fast-reacting ancillary services. The principal service provided under these contracts is voltage control and reactive power support, an application that’s becoming increasingly important for Ontario and other regions with significant amounts of intermittent wind and solar power now on the high voltage transmission networks.

David Del Mastro, CEO of Deltro, comments: “After an intense round of competitive bidding among many of the world’s largest energy storage providers, we have decided to team up with Leclanché for this project because of their high quality battery storage products, very professional approach and ability to provide thoughtful solutions for the complete design and construction of a full battery power plant. We have asked Leclanché to deliver these storage systems on a turn-key basis and will work closely with them to ensure this project is successfully constructed and fully integrated into the IESO grid”.

Anil Srivastava, CEO of Leclanché, adds: “We are very pleased to have been selected for this world leading project. Thanks to the exceptional engineering and project development capabilities of Deltro and the quality Ancillary Services agreements, we are confident that the project will soon reach financial closing. We hope to start the construction in spring 2016 and start the first operation by the end of the year. This win is yet another solid proof of the effective execution of Leclanché’s growth plan and the market appreciation of Leclanché’s full product and services offering”.

For further information

Phone: +41 (0) 24 424 65 00
E-Mail: communication@leclanche.com

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.

Contacts Leclanché

Media Switzerland /Europe:

Thierry Meyer

T: +41 (0) 79 785 35 81

E-mail: tme@dynamicsgroup.ch

Media North America:

Henry Feintuch / Ashley Blas

T: +1-914-548-6924 / +1-509-494-4053

E-mail: leclanche@feintuchpr.com  

Media Germany:

Christoph Miller

T: +49 (0) 711 947 670

E-mail: leclanche@sympra.de

Investor Contacts:

Anil Srivastava / Hubert Angleys

T: +41 (0) 24 424 65 00

E-mail: invest.leclanche@leclanche.com