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    LECN   CH0110303119


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Leclanche : Leclanché named an ees award finalist for its LeBlock energy storag...

06/23/2021 | 12:59am EDT
Wed Jun 23
  • The ees AWARD honors powerful innovations in the electrical energy storage industry
  • LeBlock cuts down on the duration, complexity costs and environmental footprint associated with logistics, installation, relocation and recycling

YVERDON-LES-BAINS, Switzerland, June 23, 2021
-Swiss energy storage provider, Leclanché SA (SIX: LECN), has been selected as a finalist in the ees AWARD 2021 competition for its LeBlockTM battery energy storage solution. Leclanché is one of 10 organizations nominated for the award and the only one whose solution is targeted for a large scale utility system.

The ees AWARD is presented by the organizers of the Intersolar, ees, Power2Drive and EM-Power exhibition and conference series in cooperation with several international industry associations. It pays tribute to pioneering products and solutions for stationary and mobile electrical energy storage systems. Entries are judged by a jury of industry experts and evaluated based on degree of technological innovation, technical and environmental benefits, system integration, safety, economic benefits, proof of innovation and presentation.

The LeBlock energy storage system is a series of interchangeable five-foot wide blocks featuring a combination of plug and play interconnection, simplified logistics, minimal required engineering and fast installation on-site. The blocks are shipped as standard-sized 20-foot ISO containers and can be easily moved from a boat to a truck for simplified transportation. Since they are shipped with the batteries in-place and wiring/connectors pre-installed, there is no site-specific cabling required. The system was designed from the inception to provide maximum safety.

The main advantages of the LeBlock system, as identified by the expert panel of judges, includes its TCO reduction by reducing logistics and installation cost; reduction of environmental footprint by reducing the transport; easy reconfiguration to relocate the battery where energy is needed or to perform a capacity augmentation; and the simplification of end-of-life processes since it can be transported easily for recycling.

For further information, visit www.leclanche.com/leblock

The award ceremony will be held online on July 21, 2021, at 3.00 p.m. CEST.

LeBlock is a trademark of Leclanché SA. All other trade names are the property of their respective owners.

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, e-Transport 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


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 Leclanché

Media Switzerland / Europe:

Thierry Meyer

T: +41 (0) 79 785 35 81

E-mail: tme@dynamicsgroup.ch

Media North America:

Henry Feintuch / Ashley Blas

T: +1-914-548-6924 / +1-509-494-4053

E-mail: leclanche@feintuchpr.com

Media Germany:

Christoph Miller

T: +49 (0) 711 947 670

E-mail: leclanche@sympra.de

Investor Contacts:

Anil Srivastava / Hubert Angleys

T: +41 (0) 24 424 65 00

E-mail: invest.leclanche@leclanche.com


Leclanche SA published this content on 23 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 04:58:05 UTC.

© Publicnow 2021
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Sales 2020 21,6 M 23,3 M 23,3 M
Net income 2020 -78,2 M -84,2 M -84,2 M
Net Debt 2020 45,4 M 48,9 M 48,9 M
P/E ratio 2020 -2,67x
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Capitalization 246 M 265 M 265 M
EV / Sales 2019 16,0x
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