TORONTO, April 1, 2019 /PRNewswire/ -- CellCube Energy
Storage Systems Inc. ("CellCube" or the "Company") (CSE CUBE)
(CSE: CUBE.CN) (OTCQB: CECBF) (Frankfurt 01X, WKN A2JMGP) on behalf of its
wholly-owned subsidiary, EnerCube Switchgear Systems
Inc. ("EnerCube") is pleased to announce EnerCube
has completed a significant sale and complex switchgear upgrade to
the AltaSteel plant. AltaSteel is a Canadian manufacturer of
prime quality steel products for the mining, construction,
automotive and engineering industries based in Edmonton, Alberta. They also supply to western
Canada and export to the US and
Mexico.
http://www.altasteel.com/company
"The project was extremely complex in its engineering scope
and EnerCube did an excellent job and we were very pleased with the
results," stated Bryan MacKenzie of
AltaSteel. "We look forward to working on additional projects with
the EnerCube team."
The Project required a complete solution for replacing existing
compact switchgear with new compact custom 5kV Metal Clad
Switchgear. The scope commenced with design and supply, and
ultimately developed into testing, field installation, and
commissioning. Enercube marked this as the first project to install
5kV metal clad switchgear at a steel manufacturing plant. Beside
the compactness, this system had two high breaker cell
configurations with custom power source compartment for customer
load. The site work included removal of existing switchgear,
pulling new 5kV power cables, installing NGR for the transformer,
installing and testing our switchgear. The job was done ahead of
schedule and received appreciation for customer focus and
quality.
"The EnerCube team does their best work executing turnkey
solutions and we were very excited to have the opportunity to work
with AltaSteel on this project," states Brian Ricker, President of EnerCube. We were
also able to provide AltaSteel with support on their site
installation.
About EnerCube
EnerCube Switchgear Systems Inc. is a leading-edge provider
of custom and off-the-shelf electrical equipment and systems. The
company has been providing innovative and high-quality products for
over ten years to heavy power users, pipeline companies,
refineries, manufacturers, municipalities and infrastructure
providers. It offers a "one stop shop" to its customers in terms of
complete turn-key engineering & electrical solutions and
equipment. Its key products include electrical switchgear, motor
control switchers, solar power inverters and vanadium storage
battery installation.
EnerCube designs, manufactures, assembles, integrates, and tests
a complete range of industry leading, innovative and dependable
power control systems and accessories.
https://www.enercube.ca/
About CellCube Energy Storage Systems Inc.
CellCube is a Canadian public company listed on the Canadian
Securities Exchange (symbol CUBE), the OTCBB (symbol CECBF), and
the Frankfurt Exchange (Symbol 01X, WKN A2JMGP) focused on the
fast-growing energy storage industry which is driven by the large
increase in demand for renewable energy.
CellCube supplies vertically integrated energy storage systems
to the power industry. Enerox GmbH is the developer and
manufacturer of CellCube energy storage systems. CellCube's other
subsidiaries are EnerCube Switchgear Systems and Power Haz Energy
Mobile Solutions Inc. The Company has also invested in an online
renewable energy financing platform, Braggawatt Energy Inc.
CellCube develops, manufactures, and markets energy storage
systems on the basis of vanadium redox flow technology and has over
136 project installations and a 10 year operational track record.
Its highly integrated energy storage system solutions features 99%
residual energy capacity after 11,000 cycles (cycling daily for 28
years) and larger scale containerized modules. Basic building
blocks consist of a CellCube unit family with 4, 6 and 8 hours
variation in energy capacity.
This news release contains certain "forward-looking
statements" within the meaning of Canadian securities legislation.
Forward-looking statements are statements that are not historical
facts which address events, results, outcomes or developments that
the Company expects to occur; they are generally, but not always,
identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "aims",
"potential", "goal", "objective", "prospective", and similar
expressions, or that events or conditions "will", "would", "may",
"can", "could" or "should" occur. Forward-looking statements are
based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made and they involve a
number of risks and uncertainties. Certain material assumptions
regarding such forward-looking statements are discussed in this
news release and the Company's annual and quarterly management's
discussion and analysis filed at www.sedar.com. Except as
required by the securities disclosure laws and regulations
applicable to the Company, the Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should
change.
Neither the CSE nor its Regulation Services Provider (as that
term is defined in the policies of the CSE) accepts responsibility
for the adequacy or accuracy of this release.
On behalf of CellCube Energy Storage Systems Inc.,
Stefan Schauss, CEO
For further information, please contact:
Glenda Kelly, Investor
Communications
Telephone: +1(800)882-3213
Email: info@cellcubeenergystorage.com