06.11.2017 – 07:35

Leclanché SA

EQS-Adhoc: Leclanché SA: Leclanché receives order for a 15 MWh battery storage project from swb in Germany

EQS Group-Ad-hoc: Leclanché SA / Key word(s): Contract/Development of Sales
Leclanché SA: Leclanché receives order for a 15 MWh battery storage project from
swb in Germany

06-Nov-2017 / 07:30 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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Leclanché receives order for a 15 MWh battery storage project from swb in
Germany

YVERDON LES BAINS, Switzerland, 6 November 2017:Leclanché SA (SIX: LECN), one of
the world's leading energy storage solution companies, announced today that it
has received an order for a 15 MWh (EUR 5 million) battery storage project from
swb, an energy services provider in Germany.

The hybrid storage solution developed by swb consists of six Leclanché storage
containers, which interact with a swb thermal storage infrastructure to ensure
cost effective grid ancillary services. Usual battery storage applications use
the battery for symmetrical services, such as charging and discharging. The
better value heat system replaces the "charge" part of swb's symmetrical storage
infrastructure. The main purpose of the hybrid system is the optimisation of
investment and operational costs. Commissioning of the complete system is
scheduled for March 2018.

Anil Srivastava, CEO of Leclanché, said:"We are delighted to receive this order
from swb. It endorses our software and system integration capability and
experience of delivering similar projects around the world, and further
solidifies our 2018 business outlook and path to EBITDA breakeven."

Hybrid and stand-alone battery energy storage systems have the ability to
replace grid ancillary services provided today by conventional power stations,
contributing to a far more environmentally-friendly stabilisation of the grid.

Energy storage solutions have a significant role to play in the global utility
scale generation (stabilisation and peak-shifting) and micro grids (renewable
integration) industries, which are expected to see a Combined Annual Growth Rate
(CAGR) of 48 per cent to a value of $4.2bn in the four years to 2020, according
to Navigant Research.

* * * * *

About Leclanché

Leclanché is one of the world's leading fully vertically integrated energy
storage solution providers. It delivers a wide range of energy storage solutions
for homes, small offices, large industries, electricity grids, as well as
hybridization for mass transport systems such as bus fleets and ferries.
Established in 1909, Leclanché has been a trusted provider of battery energy
storage solutions for over 100 years. Founded in the tradition of Georges
Leclanché, the inventor of the dry cell battery, Leclanché today has a rich
portfolio of Battery Energy Storage Systems (BESS) that include bespoke battery
systems from industry leading lithium-ion solutions.

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.

* * * * *

Europe/Global:
Desiree Maghoo
T: +44 (0) 7775 522740
E-mail:dmaghoo@questorconsulting.com

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

US and Canada:
Rick Anderson
T: +1 (718) 986-1596

Henry Feintuch
T: +1 (212) 808-4901
E-mail:leclanche@feintuchpr.com

Investor Contacts
Anil Srivastava / Hubert Angleys
T: +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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625087  06-Nov-2017 CET/CEST