With this order, representing 3.2MWh, Leclanché underpins a solid base of production capacity of lithium-ion titanate cells (“LTO”) for the second half of 2015 and successful delivery of this Battery Energy Storage System (“BESS”) within this year will contribute significantly towards achieving adjusted EBITDA breakeven at the end of the year.

Yverdon-les-Bains, Switzerland, 5 May 2015 – Swiss battery manufacturer Leclanché confirms that it has now received its first order from project partner, Younicos AG, for the Graciosa island micro-grid solution, incorporating renewable energy power plants, as previously recorded in the joint press release of partnership with Younicos on 10 April 2015.

The project is developed by Younicos on the Azorean island of Graciosa. The turnkey order for the supply and commissioning of the Battery Power Plant (“BPP”) within the project, totals c.8.5 million euros – of which c.4 million euros relates to the BESS and has been confirmed for shipment this year. This order helps Leclanché cover a significant share of its cell production capacity for the second semester of 2015, representing full scale production for one shift.

Leclanché shall deliver the entire BPP on a turnkey basis, including:

• A complete BESS using its industry-leading LTO batteries combined with the integrated inverters; 
• The entire Engineering, Procurement and Construction (“EPC”) for the BPP, including all the electrical, mechanical and civil works. 

Jim Atack, Chairman of Leclanché, commented: «The confirmation of this order gives further validation of Leclanché’s stationary storage technology and the strategy the company has deployed to bring it to market. The order marks a significant break-through for Leclanché and this project gives yet more credibility to Leclanché’s storage technology in fast developing markets and to deploy advanced grid-scale storage systems for increased integration and management of renewable energies. It reflects a true, large scale, commercialization of the capabilities developed over several years for the Romande Energie and EPFL project announced last year».

The renewable energy power plant, uniquely featuring solar, wind and battery storage, will boost the island’s annual share of renewable energies from 15 percent to up to 65 percent. This will
substantially reduce its dependence on fuel imports through the integration and management of green energy. This world’s first megawatt-scale renewable energy plus storage system will set new
standards for islands and remote communities worldwide.

For further information
Claude-Olivier Rochat, Voxia communication – Mobile +41 (0)79 203 52 19
co.rochat@voxia.ch
Rohan Sant, Voxia communication – Mobile +41 (0)79 120 00 28
rohan.sant@voxia.ch

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