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ZBB Energy Corporation Announces Order for University Microgrid Quad-Generation Renewable Energy Platform in Sydney, Australia
MILWAUKEE, WI, Jan 08, 2013 (MARKETWIRE via COMTEX) --
ZBB Energy Corporation (NYSE MKT: ZBB), a leading developer of
intelligent power and energy management technologies, today announced
the receipt of an order for a Grid Independent ZBB EnerSystem(TM)
with its ZBB EnerStore(TM) Zinc Bromide flow batteries to provide an
integrated Microgrid Energy Management System to the University of
Technology Sydney (UTS) to serve as a permanent power source,
demonstration unit and learning platform in the newly constructed
Broadway Building.
The ZBB EnerSystem includes the ZBB EnerSection(TM) Power and Energy
Control Units, local/remote Human Machine Interface (HMI), and ZBB
EnerStore Zinc Bromide flow batteries. The ZBB EnerSection provides a
completely integrated energy management platform ready for
interconnection to a range of configurable energy sources including
onsite photovoltaic (PV), wind turbine, fuel cell and an Organic
Rankine Cycle (ORC) turbine. This system will be used for load
management providing continuous power and energy regulation of
different sources independent from the utility grid.
"We developed the specification for the ZBB EnerSystem to be
installed as a permanent, zero-carbon demonstration platform within
the building power scheme. This installation is meant to showcase and
use multiple types of renewable energy generation units for the
University's Broadway Building to offset the use of the utility grid
right in the middle of the city, while emitting no carbon outputs,"
said Ray Clout, UTS - Research Laboratories Manager. "We'll continue
to work with both ZBB Energy and our power generation partners to
showcase the ongoing reliability of the system, and also document the
economic benefits for the University. Our goal is to provide a
replicable model for other sites and customers in Australia, as well
as expand this technology all across the Southwest Pacific, where
there is no utility service, and there is growing use by consumers of
many types of renewables to produce electricity without firing up a
diesel generator."
"This commercial building microgrid application is another example of
how ZBB Energy can optimize grid independent power flows across our
standard integration platform leveraging multiple generation
sources," said Eric Apfelbach, President and CEO of ZBB Energy. "With
its open architecture, the ZBB EnerSection gives customers the
flexibility to interconnect and prioritize their available energy
resources with a quickly deployed platform that transforms &
integrates multiple, uncontrolled power flows into economical, clean
and reliable power systems."
More information on the building can be found at:
http://www.fmu.uts.edu.au/masterplan/projects/broadway.html
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.
Safe Harbor Statement
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.
Investor Relations Contact:
Lewis W. Kreps
Three Part Advisors, LLC
www.threepa.com
214-599-7955
David Mossberg
Three Part Advisors, LLC
817-310-0051
SOURCE: ZBB Energy Corporation
http://www.threepa.com/
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