Leclanché completes installation of 100MWh of projects around the world including landmark replicable projects accelerating the integration of renewables into the grid Donnerstag, 27. Dezember 2018 - 07:27

Leclanché SA / Key word(s): Miscellaneous
Leclanché completes installation of 100MWh of projects around the world
including landmark replicable projects accelerating the integration of
renewables into the grid

27-Dec-2018 / 07:25 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 completes installation of 100MWh of projects around the world
including landmark replicable projects accelerating the integration of
renewables into the grid

- Leclanché is well positioned to capitalise on the fast growing
Utility-Scale Energy Storage market. According to Navigant Research [1],
there was more than 1GW of annual deployment in 2017, growing to 30GW annual
capacity by 2026.

- Completion of micro-grid project powered by Leclanché on the Portuguese
island of Graciosa, making it the only island in the world supplied by over
70% of renewables.

- The energy storage solution developed for Graciosa is transferable and
will be deployed across the Azores in partnership with HowardScott.

- Completion of Marengo project in Chicago, one of the largest grid-tied
regulation services projects in the PJM market.

YVERDON LES BAINS, Switzerland, 27 December 2018: Leclanché SA (SIX: LECN),
one of the world's leading energy storage solutions companies, today
announced that the Company has achieved an important milestone in the
industry.

Anil Srivastava, CEO of Leclanché announced during the 2018 Extraordinary
General Meeting (EGM) held on 11 December 2018 that the Company was expected
to complete more than 100MWh of stationary storage projects around the world
including:

- PV Integration in Distribution grid: EPFL/ Romande Energy, Switzerland

- Micro-grid integrating wind and solar: Graciólica, Graciosa, Portugal

- Utility Grid-tied Frequency Regulation and Ancillary Services: Ellwood,
Canadian Solar; Cremzow phase 1, Berlin Germany; Marengo, Chicago USA; Basin
1&2, Toronto Canada; SWB, Germany; S4Energy, Netherlands

- Commercial and Industrial Customer: NRStor Monarch, Ontario, Canada

This important milestone has now been achieved.

Anil Srivastava, CEO of Leclanché said: "As we go into 2019, we are
delighted to announce this important milestone and to highlight to our
employees, partners and other stakeholders that Leclanché's opportunity is
now.

The growth in demand for Leclanché's stationary storage solutions to
accelerate the integration of renewables into our grid, and the demand for
our grid to EV storage solutions promise to make 2019 an important year for
the Company.

We are particularly excited that our energy storage solutions have helped to
clean up Graciosa's energy supply by integrating over 70% renewable energy
into the island's grid. This project is a testament that we can reduce our
dependence on dirty fuels, in this case diesel, and substantially increase
the integration of renewables into the electricity supply TODAY.

Leclanché's Lithium Titanate Cells (LTO)-based Battery Energy Storage System
was selected to power this landmark project. The long life performance
attributes of LTO Cells are at the heart of this microgrid project, as they
maximize the integration of wind energy, are able to withstand the thousands
of micro cycles and stress on the battery system, and their long life
supports the long-term Power Purchase Agreement (PPA) for this project.

This achievement is fantastic for the people of Graciosa and the energy
storage solution is replicable on other islands. With our partner
HowardScott, we look forward to deploying this "first of its kind" energy
storage solution across the Azores.

Utilities, auto manufacturers, fleet operators, fast charging infrastructure
companies and AI applications, require smarter, faster and greener energy
storage solutions today. Our complete solutions based on our own advanced
cell technology coupled with our grid to EV know-how, make us unique and the
partner of choice."


Dom Hughes, Director of Graciólica, said: "Completing the Graciólica project
has required patient investors and the collective efforts of a large team of
highly talented engineers from around the world, including from our
customer, EDA, and our own team on site. Tractebel coordinated the project
in 2018 working with Greensmith Energy as the provider of hybrid microgrid
technology and solution, and Leclanché who supplied the battery system.
Greensmith's GEMS controls platform is central to the plant's operation.
Graciólica will provide 100% clean energy under the right conditions, as
well as, provide fully automated grid forming services to EDA"

* * * * *


About Leclanché
Headquartered in Switzerland, Leclanché SA is a leading provider of high
quality energy storage solutions designed to accelerate our progress towards
a clean energy future.

Leclanché's history and heritage is rooted in over 100 years of battery and
energy storage innovation and the Company is a trusted provider of energy
storage solutions globally. This coupled with the Company's culture of
German engineering and Swiss precision and quality, continues to make
Leclanché the partner of choice for both disruptors, established companies
and governments who are pioneering positive changes in how energy is
produced, distributed and consumed around the world.

The energy transition is being driven primarily by changes in the management
of our electricity networks and the electrification of transport, and these
two end markets form the backbone of our strategy and business model.
Leclanché is at the heart of the convergence of the electrification of
transport and the changes in the distribution network. Leclanché is the only
listed pure play energy storage company in the world, organised along three
business units: stationary storage solutions, etransport solutions and
specialty batteries systems. Leclanché is listed on the Swiss Stock Exchange
(SIX: LECN).

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:
Desiree Maghoo
T: +44 (0) 7775522740
E-mail: dmaghoo@questorconsulting.com

Laure Lagrange
T: +44 (0)7768 698 731
E-mail: llagrange@questorconsulting.com

Switzerland:
Thierry Meyer
T: +41 (0)79 785 35 81
E-mail: tme@dynamicsgroup.ch

Thomas Balmer
T: +41 (0) 79 703 87 28
E-mail: tba@dynamicsgroup.ch

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

# # #[1] According to NAVIGANT RESEARCH, in 2017, 1,158.8 MW of new
utility-scale energy storage power capacity is expected to be installed
globally, increasing to 30,472.5 MW of new capacity annually by 2026.


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End of ad hoc announcement

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