Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a developer of high-performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems, met or exceeded every milestone it had set out to achieve in 2022, according to CEO Don Currie. “Those are confident words from a company that is drawing industry attention for its ZVS inverter technology… Power inverters convert batteries’ DC electricity into sinusoidal, three-phase, variable frequency AC power to move a car when the accelerator is pushed and subsequently capture energy released through regenerative braking, converting it into a single DC output to charge the batteries, which helps extend travel range. This complex engineering is being perfected as the industry matures, and Hillcrest sits at the forefront ushering in next-generation inverter tech,” a recent article explains. “The technology behind the [ZVS] inverter eliminates switching losses and takes advantage of higher switching frequencies at higher voltage than its hard-switched silicon carbide competitors, offering improved motor efficiency, performance and reliability. These improvements were instrumental in Hillcrest garnering attention of potential customers much earlier in development than anticipated.”
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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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