Leclanché SA

EQS-Adhoc: Leclanché's new marine battery system is the world's first approved under revised DNV-GL requirements


EQS Group-Ad-hoc: Leclanché SA / Key word(s): Miscellaneous
Leclanché's new marine battery system is the world's first approved under
revised DNV-GL requirements

15-May-2017 / 06:40 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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Leclanché's new marine battery system is the world's first approved under
revised DNV-GL requirements

Leclanché Marine Rack System (MRS) reduces marine vessels' harmful emissions and
operating costs

To be used in Denmark's E-ferry, the world's largest, 100 per cent electric
ferry

YVERDON LES BAINS, Switzerland, 15 May 2017:Leclanché SA (SIX: LECN), one of the
world's leading energy storage solution companies, announced today the market
launch of Leclanché Marine Rack System (MRS), a modular, Lithium-ion battery
system to reduce marine vessels' harmful emissions and their operating costs.
Leclanché MRS is the first marine battery system of its type approved by
international certification body DNV-GL under revised rules issued in October
2015.

Leclanché will use the MRS on the E-ferry in Denmark, the world's largest, 100
per cent electric ferry by battery capacity, equipped with a 4,3 MWh Leclanché
Lithium-ion battery and scheduled for launch later this year.

Anil Srivastava, CEO of Leclanché, said: "There is a huge opportunity for marine
vessels across the world to reduce their harmful emissions and cut their
operating costs by leveraging battery storage technology. This is why we
developed the MRS and we are delighted that it is the world's first such
solution to receive type approval from DNV-GL. This certification opens up a
very exciting and substantial global market for Leclanché."

Antti Väyrynen, Vice President E-Transportation, Leclanché, added: "Type
approval is an important catalyst to our market growth as it significantly
simplifies the certification process of each vessel that uses the Leclanché
MRS."

Safety was one of Leclanché's key focus areas when developing the MRS. The
company performed multiple fire propagation tests to ensure that the battery
system performed safely, in even the most extreme situations. With the
requirement to pass close to 20 separate tests, the DNV-GL certification process
sets the benchmark for battery system safety in marine applications.

The E-ferry will be launched in late 2017 sailing between the island Aeroe (Ærø)
and the mainland. The emission-free, passenger and car ferry will be able to
sail a record 60 nautical miles (110 km) on a single charge. The E-ferry is an
EU Horizon 2020 project, the EU's EUR77 billion transport and energy research
and innovation programme from 2014 to 2020.

In Scandinavia, there is the potential to convert nearly 200 ferry routes to
electric within the next decade; Europe-wide over 1,000 ferries could be
converted. The Leclanché MRS could also be used in other marine applications
including hybridization and peak shaving of auxiliary loads of cargo vessels and
cruise ships. In 2015 the global marine hybrid propulsion market was valued at
US$2,6bn. It is expected to reach US$5,2bn by 2024, representing a CAGR of 8.2
per cent from 2016 to 2024.

* * * * *

 

About Leclanché

Leclanché is one of the world's leading, vertically integrated, energy storage
solution providers. It delivers a wide range of energy storage solutions for
homes, small offices, industry, electricity grids, as well as solutions for
transport such as electric buses and marine applications. Established in 1909,
Leclanché has been a trusted provider of battery energy storage solutions for
over 100 years.

Leclanché is listed on the Swiss stock exchange, and is the only listed,
pure-play, energy storage company in the world.

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

Media contacts:

Europe/global:
Desirée Maghoo
T: +44 (0) 7775522740
E-mail:dmaghoo@questorconsulting.com

Simon Barker
T:+44 (0)7866 314331
E-mail:sbarker@questorconsulting.com

US and Canada:
Rick Anderson
T: +1 (212) 808-4901

Henry Feintuch
T: +1 (212) 808-4915
E-mail:leclanche@feintuchpr.com

Shareholder, Analyst and Investor contacts:
E-mail: investors@leclanche.com

Investor Contacts
Anil Srivastava / Hubert Angleys
Tel.: +41 (0) 24 424 65 00
E-Mail:invest.leclanche@leclanche.com


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End of ad hoc announcement------------------------------------------------------

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:   SIX Swiss Exchange



 

End of Announcement EQS Group News Service

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573405  15-May-2017 CET/CEST
 



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