ZBB Energy Corporation Chosen by LEMA Construction for Florida Solar Park Project
ZBB to Deliver Grid Interactive Renewable Energy and Hybrid Energy Storage System for City of St. Petersburg
(firmenpresse) - MILWAUKEE, WI -- (Marketwire) -- 12/22/11 -- ZBB Energy Corporation (NYSE Amex: ZBB), the leading developer of intelligent, renewable energy power platforms, announced today an order from LEMA Construction and Developers, Inc. to provide a Smart Grid Integrated Renewable Energy and Hybrid Energy Storage System to the City of St. Petersburg, Florida Parks Department. The funding for this and the other sites in the overall Solar Parks program came from both City sources and from a 2009 Federally Funded Omnibus Appropriations bill.
The ZBB EnerSystem™ includes the ZBB EnerSection™ power and energy control center, a ZBB EnerStore™ 50kWh Zinc-bromide flow battery module and customer-provided lead acid batteries. The ZBB EnerSection provides a completely integrated energy management platform ready for interconnection to a range of configurable energy sources including PV and other power outputs. This system will be used for load management and peak shaving while providing continuous power and energy regulation supply while connected to the grid. The installation is targeted for completion in Spring 2012.
"LEMA Construction was selected in a competitive bid to furnish and install the ZBB EnerSystem at one location as a demonstration of how multiple types of energy storage units can be used by the City to offset the location's demand charges. As demand charges fluctuate by time of year, a hybrid of storage is needed to compensate for the natural variability of PV. We will work with the consulting engineer, the City's staff and ZBB to determine an optimal use of both energy storage types with the PV to produce a tangible economic result for the City and provide a potentially replicable model for other sites and customers," said Skip Wilkinson, project manager at LEMA Construction.
"This type of 'smart' distributed micro-grid application is another example of how ZBB Energy can optimize grid interactive power flows across our standard integration platform regardless of the energy storage type," said Eric Apfelbach, President and CEO of ZBB Energy. "With its open architecture, the ZBB EnerSection gives customers the flexibility to interconnect their energy resources in any given application and operating environment."
ZBB Energy Corporation (NYSE Amex: 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 1998, 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:
LEMA Construction is an independent general contracting company. The Company specializes in the construction of tilt-up shells, warehouses, service centers, office buildings, shopping centers, light manufacturing buildings, medical and interior finish work. LEMA Construction's objective is to provide expert technical insight and construction management skills to the commercial, industrial and retail market and superior construction based on attention to detail and a commitment to quality. For more information, visit:
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.
Dilek Wagner
Investor Relations
ZBB Energy Corporation
T: 262.253.9800
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Datum: 22.12.2011 - 12:25 Uhr
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