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Leclanché announces a major customer win for solar street lighting solutions in Saudi Arabia

Mon Aug 31
  • Innovative battery pack development and supply for solar street lighting solutions to Octo Energy in Saudi Arabia, in a strategic partnership with Scotia A/S, designer and manufacturer of the Scotia Monopole 2.0 system.
  • This battery module designed by Leclanché represents the world’s first lithium-ion titanate battery based system for this application.
  • Large Battery order for Automatic Guided Vehicles (AGV’s) from a world-known, household name brand leader.
  • Leclanché technology chosen for its environmentally friendly chemistry, ultra-fast charge capability and remote management solution. 

Yverdon-les-Bains (Switzerland), 31 August 2015 – Leclanché today announced two major wins in its Speciality Battery Systems Business Unit. These wins will reinvigorate growth in this business unit by broadening its customer base. In addition to Leclanché’s continued focus on delivering its large industrial-scale storage systems based on in-house manufacturing of both power-intensive and high energy density cells, these wins represent smaller capacity, but a large serial storage systems deployment opportunity for the Company.

Denmark based and long term Leclanché partner Scotia has designed and developed a state-of-the-art lighting mast with PV solar panels fully integrated in the surface of the mast; LED lighting on the top; and Smart Control and Battery Pack all situated inside the mast. Leclanché has already delivered 200 battery modules for these off-grid street lighting masts for deployment in Saudi Arabia.

This battery module, designed and developed in Yverdon-les-Bains (Switzerland) by Leclanché, represents the world’s first lithium-ion titanate battery based system for this application. The system is capable of working in harsh environments with ambient temperatures ranging from -20°C to 55°C, thanks to the high performance characteristics of Leclanché LTO cells. Leclanché’s battery system design is fully modular and capable of delivering up to 2 days of independent operation without additional charging.

Leclanché’s Belgium unit, formed as a result of the recent acquisition of Trineuron, has also won a major order for battery storage systems in the field of AGV’s. The customer opted for Leclanché technology due to its environmentally friendly chemistry in comparison to other batteries containing heavy metals such as cadmium or lead. In addition the ultra-fast charge capability increases the efficiency of the vehicle fleet compared to other technologies. The project has also been awarded to Leclanché for its remote management solution offering high reliability, scalability of the solution, round-trip electrical efficiency and safety.

Anil Srivastava, CEO of Leclanché, commented: “These customer wins will boost growth in the Speciality Battery Systems Business Unit by broadening its customer base. The repeat business and serial deployment opportunities for such battery systems are particularly helpful in generating good cash flow for the company in due course”.

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