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EQS-News: Leclanché SA: Leclanché announces 8.5 million euros order for the Graciosa project

EQS Group-News: Leclanché SA / Key word(s): Incoming Orders
Leclanché SA: Leclanché announces 8.5 million euros order for the
Graciosa project

05.05.2015 / 19:40

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Leclanché announces 8.5 million euros order
for the Graciosa project

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
Established in 1909 Leclanché has been a reliable partner for battery
storage technologies. Founded in the tradition of Georges Leclanché, the
inventor of the dry cell battery, Leclanché today has a rich portfolio of
Energy Storage Systems that include Specialized Customer-specific Battery
Systems to industry leading lithium-ion solutions.
Through the integration of a spin-off of the German Fraunhofer Institute in
2006 the company evolved from a traditional battery producer into one of
the first developers and manufacturers of lithium-ion cells in Europe.
Leclanché's Storage Solutions are optimized for various applications, in
particular for the integration of renewable energy, diesel fuel reduction,
electricity grid-connected ancillary services, peak power shaving for heavy
industries but also for heavy duty transportation in buses, trams, trains
or maritime vessels.
Leclanché products are characterized by a very high cycle stability (cells
with titanate anode) and long service life. Thanks to our patented
separator technology, which is a core element of lithium ion cells with
titanate anode, Leclanché is able to make cells with very good safety
characteristics in automated production. Leclanché operates a fully
automated plant for the production of large format lithium-ion cells at an
annual maximum capacity of up to 175MWh or up to one million cells.
In addition, Leclanché offers a number of specialized battery systems
through its Portable Business Unit, such as customer-specific energy
storage systems for military and medical applications. Leclanché also
distributes primary and secondary batteries and accessories of other
producers.
Leclanché, which is listed on the Swiss stock exchange (SIX:LECN), has a
wide range of storage products for homes, small offices, large industries,
electricity grids, hybridization for mass transport systems like fleet of
buses, trams etc.



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05.05.2015 This Corporate News was distributed by EQS Schweiz AG.
www.eqs.com - news archive: http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.

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Language:    English
Company:     Leclanché SA
             Av. des Sports 42
             1400 Yverdon-les-Bains
             Switzerland
Phone:       +41 (24) 424 65-00
Fax:         +41 (24) 424 65-20
E-mail:       investors@leclanche.com
Internet: www.leclanche.com
ISIN:        CH0110303119, CH0016271550
Valor:       A1CUUB, 812950
Listed:      Foreign Exchange(s) SIX


End of News    EQS Group News-Service
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353405 05.05.2015

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