SOURCE: ZBB Energy Corporation
MILWAUKEE, WI--(Marketwire - Feb 26, 2013) - ZBB Energy Corporation (NYSE MKT: ZBB), a leading developer of intelligent, renewable energy power platforms and hybrid vehicle control systems, today announced it has received a contract valued at greater than $500,000 from Meineng Energy, ZBB's joint venture company in China.
"This contract, primarily for ZBB EnerStore™ components, further indicates the growth potential in China for our power availability solutions," said Dan Nordloh, ZBB Energy Executive Vice President of Global Business Development and member of Meineng Energy Board of Directors. "With this contract, Meineng will be able to continue ramping activity to ensure their ability to quickly deliver configurable solutions while accommodating diverse applications."
Meineng Factory I, officially opened last summer and is designed to have an annualized nameplate capacity rated at 100MWh of energy storage and control products.
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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