Company
CNSX:HEAT
Hillcrest Energy Technologies Ltd is adapting to the accelerating global energy transition. Its goal is to become an early leader in the electrification of Canada and the world. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power the future. The Canadian clean technology company is working on two innovations in the EV space through a collaboration with Germany’s Systematec GmbH, a specialist engineering developer and component designer to major EV and electrical equipment manufacturers.
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“Our clean-energy technologies specifically target efficiencies in electric machines and can be deployed to maximize performance across a wide variety of applications," the company's CEO Don Currie said
The company said initial proof-of-concept lab testing confirmed the ability of the enhanced powertrain solution to provide universal, backward compatible, bidirectional charging capabilities
Michael Moskowitz is the CEO and a founding partner of NorthStar Gaming
In the paper, Hillcrest said that it has confirmed inverter efficiency of over 99% and significantly improved drivetrain system efficiency at switching frequencies up to 60 kHz
The Canadian clean technology company said test results confirm the ability of Hillcrest inverter technology to “improve electric motor efficiency when using high switching frequencies”
"As technology-forward experts, we are uniquely positioned to execute to our vision and deliver high-efficiency inverter solutions that have the potential to revolutionize global electrification," the company's chief technology officer Ari
The HEI is a new class of inverter technology that solves many common challenges faced by today's electrical vehicle powertrains
Bolen will leverage decades of international experience and relationships across the energy and automotive sectors to drive adoption of Hillcrest's Silicon Carbide High Efficiency Inverter technology and additional technologies currently in
“Moving forward, Hillcrest will develop and commercialize Hillcrest wholly-owned IP and technology, moving away from being a licensee or agent for other technologies,” the company said in a statement
The company said the funds raised will be used towards the development and commercialization of its clean energy technologies
He will help drive European market access and business expansion, working with EV and automotive OEMs as the company advances its Silicon Carbide High Efficiency Inverter technology
The company said all funds raised will be used towards the development and commercialization of its clean energy technologies
Don Currie, Hillcrest Energy CEO commented: “With this financing, we will focus on our path towards commercialization of our HEI and future technologies. Hillcrest and our partners have a long-term vision and are thankful Mercer Street supp
It said the latest testing results confirm electro-technical proof of concept for the SiC HEI as the most efficient inverter of its type, with the ability to significantly increase power density and reduce cost, size and weight for future e
The testing parameters for the first PoC inverter ranged from 470V to 870V, with a tripling of frequencies from 20kHz to 60kHz at each voltage level
The company said that testing of the first Proof of Concept prototype is well underway in its Vancouver lab facility and in Systematec’s lab in Germany
“We are thrilled to welcome Raj and Jamie to the Hillcrest senior management team,” Don Currie, CEO of Hillcrest Energy Technologies said in the press release
The company's expedited development efforts are expected to result in its HEI technology being ready for Proof of Concept testing in 4Q 2021
It said the technology would also be used for other e-mobility and motorized applications, as well as charging stations and power generation systems.
Working with Germany's Systematec GmbH, Hillcrest said that the team was “quickly advancing” towards proof of concept status
