Hillcrest Energy Technologies Ltd. (TSE:HEAT) has released an update.
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Hillcrest Energy Technologies is close to sealing a joint development deal with a European energy storage services innovator for its advanced ZVS inverters, aiming to expand its technology application beyond EVs into grid-connected energy solutions. The collaboration promises to enhance efficiency and reduce system costs, tapping into a rapidly growing European energy storage market. Additionally, Hillcrest announced executive incentives through share issuances and corrected a previous news release regarding its Equity Drawdown Facility.
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