May 22, 2013, 8:31 a.m. EDT
MILWAUKEE, WI, May 22, 2013 (Marketwired via COMTEX) — ZBB Energy Corporation (nyse mkt:ZBB), the leading developer of intelligent, renewable energy power platforms and hybrid vehicle control systems, today announced the successful commissioning of a ‘first ever’ ZBB EnerSection(TM) with lead acid batteries in a utility-owned demonstration facility with onsite solar PV and wind turbine generation. The system includes the ZBB EnerSection 125kW bi-directional inverter and ZBB EnerSection DC inputs for regulating power flows to and from four lead acid battery sets. The installation will demonstrate the numerous economic, operational, strategic and environmental value streams accomplished by prioritizing and optimizing renewables in unison with peak grid usage in distributed locations.
“The battery bank will be used to offset peak loads on the Hoback B feeder by discharging into the feeder during peak periods. Charging will be done during off-peak hours. That cycling will reduce our system losses, reduce our peak demand charges, and improve efficiency on our system,” explained Warren Jones, Distribution Engineer on the project for Lower Valley Electric Co-op (LVE). “We are working on integrating monitoring and control of the ZBB platform into LVE’s SCADA system (System Control and Data Acquisition) that will allow us to optimize use of the battery bank with our transmission and distribution system as renewable energy output varies.”
The sale and commissioning was completed in collaboration with Facility Gateway Corporation (FGC), which provides professional data center services and management solutions in all 50 US states. FGC provides additional services through its Data Center Real Estate Services Division, Data Center Design Division, Equipment and Installation Division, and Critical Facility Management Division.
The ZBB EnerSection provides a completely integrated energy management platform ready to interconnect for the requirements for distributed grid regulation by utility companies. “We decided to work with ZBB based upon their proven background with grid interactive power conditioning systems. Knowing that they have worked previously with a variety of storage technologies, including their ZBB EnerStore(TM) systems, greatly reduces our risk and time to market for a turn-key system,” said Robert Walker, Project Lead for FGC.
“Distributed energy resource systems offer the best near-term set of value streams for the utility industry and end-users with onsite generation. The ZBB EnerSystem(TM) platform represents the future of this fast-growing trend, as the most streamlined and flexible design for this type of integration,” said Eric Apfelbach, ZBB Energy President and CEO. “We believe this is the most efficient way to have seamless management of renewable energy, grid power and energy storage. This installation also demonstrates that the ZBB EnerSection can work with multiple types of storage and that no one storage type is the definitive product for all applications and markets.”
About ZBB Energy Corporation
ZBB Energy Corporation (nyse mkt:ZBB) designs, develops, and manufactures advanced energy storage, power electronic systems, and engineered custom and semi-custom products targeted at the growing global need for distributed renewable energy, energy efficiency, power quality, and grid modernization. ZBB and its power electronics subsidiary, Tier Electronics, LLC, have developed a portfolio of integrated power management platforms that combine advanced power and energy controls plus energy storage to optimize renewable energy sources and conventional power inputs whether connected to the grid or not. Tier Electronics participates in the energy efficiency markets through their hybrid vehicle control systems, and power quality markets with their line of regulation solutions. Together, these platforms solve a wide range of electrical system challenges in global markets for utility, governmental, commercial, industrial and residential end customers. Founded in 1986, ZBB’s platforms ensure optimal efficiencies today, while offering the flexibility to adapt and scale to future requirements. ZBB’s corporate offices and production facilities are located in Menomonee Falls, WI, USA with offices also located in Perth, Western Australia. For more information, visit: www.zbbenergy.com.
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Certain statements made in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “could,” “seek,” “intend,” “plan,” “estimate,” “anticipate” or other comparable terms. Forward-looking statements in this press release may address the following subjects among others: statements regarding the sufficiency of our capital resources, expected operating losses, expected revenues, expected expenses and our expectations concerning our business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.