SOURCE: ZBB Energy

ZBB Energy

January 22, 2015 09:00 ET

ZBB Energy to Commission Breakthrough Hybrid Energy Storage System for Multi-Tenant Building in Hawaii

World's First Customer Side of the Meter Battery System Utilizing Flow Battery in Conjunction With Lithium-Ion Will Substantially Expand ZBB's Market Reach

MILWAUKEE, WI--(Marketwired - Jan 22, 2015) -  ZBB Energy Corporation (NYSE MKT: ZBB), a leading developer of innovative energy management systems solutions serving the utility and commercial and industrial (C&I) building markets, today announced they will provide an integrated hybrid battery system utilizing ZBB's EnerStore® V3.3 zinc bromide flow batteries and a lithium ion energy storage module to provide elevator and common area back-up power for a multi-tenant residential building in Hawaii. The grid interconnected system will consist of the hybrid flow-battery and lithium-ion technology, some solar generation, grid isolation capability and be managed by ZBB's leading power control system product.

A hybrid that provides for both short-term power and extended energy requirements allows buildings in the C&I and multi-tenant markets to benefit from a broad portfolio of valuable capabilities. Short-term power and intermittent "power" types of applications, such as PV ramping, building micro-turbine smoothing, frequency regulation and power quality lend themselves to particular battery capabilities, such as lithium ion, whereas "energy" applications, such as demand response, peak shaving, rate shifting and back-up power are best served with capabilities such as those available in ZBB flow battery technology. The application of this hybrid technology provides ZBB a competitive advantage in addressing additional C&I and utility markets.

ZBB's power control technologies provide a simple means of integrating multiple generating assets, as well as hybrid storage systems comprised of two or more battery types. ZBB's system applications approach provides building owners and operators numerous benefits, including the ability to monetize behind-the-meter assets, realize back-up power in the event of a grid outage, and the peace of mind that comes with knowing that the building is essentially "future proof," in that ZBB's systems are modular and scalable to easily accommodate future energy system and program considerations.

"This hybrid system will increase our Power Purchase Agreement (PPA) market reach where PV ramp, voltage regulation, grid isolation as well as energy applications characterized by a scheduled discharge of large amounts of energy like demand response or rate shifting are important," said Brad Hansen, President and Chief Operating Officer of ZBB Energy. "The next phase of energy storage will be much more focused on applications development and support, with storage systems capable of serving multiple applications, each with specific performance and cost requirements. Being able to serve multiple applications is key to enhancing the economic return to building owners as well as growing the opportunity for commercial, industrial and multi-tenant market PPA's. The trend towards hybridized storage is important for utility grid-scale installations, but even more critical for commercial and industrial building energy management systems." 

About ZBB Energy Corporation
ZBB Energy Corporation (NYSE MKT: ZBB) is an applications solutions company providing advanced energy management systems critical to the transition from a "coal-centric economy" to one reliant on an enormous expansion in renewable energy. Whether part of the grid power transmission and distribution network, or behind the meter in commercial, industrial and multi-tenant buildings, ZBB Energy brings vital power control and energy storage solutions to the most pressing problems caused by the incorporation of increasingly pervasive renewable energy generating assets. ZBB Energy also provides energy management systems for off-grid applications such as island or remote power. ZBB is a global corporation, with a joint venture in AnHui, China at Meineng Energy, as well as a strategic partnership with Lotte Chemical in South Korea. For more information, visit: www.zbbenergy.com.

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Contact Information

  • Investor Relations Contact:
    David Mossberg
    Three Part Advisors, LLC
    817-310-0051