GreenEnergyBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Called ‘Potential Breakthrough’ by New Research Report, Earns Buy-Venture Rating

Sep 6, 2022

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean-technology company developing transformative power conversion technologies and control system solutions for next-generation EVs and electrical systems, was the focus of attention on a recent Singular Research report. The report observed that Hillcrest has achieved a proof of concept for a proprietary zero voltage switching (“ZVS”) inverter, which Singular noted was a potential breakthrough clean-technology solution for the EV and clean-energy spaces. Based on its research, the report stated that HLRFT has strong prospects of partnerships with tier 1 auto suppliers, making Singular “bullish” on Hillcrest’s long-term prospects. The report initiated a buy-venture rating at a $0.20 price target. According to the report, Hillcrest has developed exclusive software and hardware for its ZVS inverter that eliminates switching losses and heat created in the inversion process. In addition, the company has completed design specifications for a 250 kilowatt, 800-volt ZVS EV inverter commercial prototype and already has at least a dozen OEMs and tier 1 suppliers interested in a commercial version. “Hillcrest Energy Technologies Ltd. has transitioned from being an energy exploration and production company to a clean-technology company,” stated the research report. “The company’s high-efficiency inverter technology enables high-switching frequency at high efficiency, eliminating switching losses and reducing heat produced in the inversion process.”

To view the full press release, visit https://ibn.fm/DyeAY

About Hillcrest Energy Technologies Ltd.

Hillcrest Energy Technologies is a clean-technology company developing high-value, high-performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. For more information about the company, please visit www.HillcrestEnergy.tech.

NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF

About Green Energy Stocks

Green Energy Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the InvestorBrandNetwork (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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