CellCube Energy Storage Systems Inc. is very pleased announce the wholly-owned subsidiary, EnerCube Switchgear Systems Inc. has received a significant purchase order on April 15, 2019 for $1,100,000 from Raptor Rig Ltd.. Enercube has once again provided cost effective custom solution to the customer which reduces the total footprint of the switchgear. This design is the first of its kind and involves the integration of [...]
CellCube Energy Storage Systems Inc. is pleased to announce Hive Energy, Immersa Ltd. and CellCube have formed a consortium to jointly build and develop Solar & Storage projects at a grid scale level to offer green peaking power and reserve power capacity. HICC Energy Ltd. was founded April 17, 2019 by Hive Energy to bring their joint portfolio of projects to market. HICC will be a special vehicle for development [...]
CellCube Energy Storage Systems Inc. is very pleased to present an interview with Enerox COO, Alexander Schönfeldt, by ees International, a magazine focused on informing the energy storage industry about the developments and latest market innovations. https://www.electrical-energy-storage.events/en/news-press/news/expert-interviews.html?tx_news_pi1%5Bnews%5D=3242&cHash=f603ef84bd404301fc5cedde4b430b07 The article [...]
CellCube Energy Storage Systems Inc. is very pleased to launch its new generation of CellCube product series the FB250 and FB500. The energy storage systems reach new performance and flexibility standards for flow batteries in terms of cycling, power-rating, efficiency and lifetime. Projects on the megawatt scale are now feasible and attractive at the lowest levelized cost of storage , from a commercial perspective but [...]
CellCube Energy Storage Systems Inc. is pleased to announce the Company has extended the non-binding letter of intent agreement with Regency Gold Corp. to May 15, 2019. The two companies entered into an Extension Agreement of the LOI for the purpose of a business combination . The Extension Agreement dated April 2, 2019 will allow the parties to agree they would have until 5:00 pm on May 15, 2019 to conduct due [...]
CellCube Energy Storage Systems Inc. on behalf of its wholly-owned subsidiary, EnerCube Switchgear Systems Inc. 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 [...]
CellCube Energy Storage Systems Inc. is very pleased to announce, its intention to complete a non-brokered financing of up to $10,000,000, with an over-allotment option of $5,000,000, principal amount secured convertible debentures . The Debentures will be sold in units of $1,000 in Canadian and US Dollar increments. The Debentures will mature on the third anniversary of the date of issuance and bear interest at a rate [...]
CellCube Energy Storage Systems Inc. is pleased to announce the appointment of Mr. Stefan Schauss as the CEO of CellCube Energy Storage. Mike Neylan will continue his leadership of the company in the role of President of CellCube and have overall responsibility for the capital markets activities and corporate matters. "Stefan is a recognised world leader in the energy storage and energy technology sectors with extensive [...]
CellCube Energy Storage Systems Inc. is very pleased announce three highly regarded members of the business community to the board of directors, Michael Nobrega, Brett Whalen and Henrik Mickkelsen. The newly appointed directors will join Stefan Schauss, Henk van Alphen and Bruno Arnold on the board. "The new board members represent a new phase in the company operations and also an exceptional vote of confidence for the [...]
CellCube Energy Storage Systems Inc. is very pleased to announce it has signed an agreement with a US based energy asset development company in the energy storage space to develop up to 100 Megawatt of energy storage systems for deployment throughout the United States. The market CellCube is entering- enables offtake agreement resources for independent system operators and regional transmission operators through product [...]
CellCube Energy Storage Systems Inc. would like to report an update on the business combination with the 100% wholly owned subsidiary V23 Resources Corp. and Regency Gold Corp. CellCube and Regency have entered into a letter of intent to spin out V23 Resource Corp. and the Bisoni McKay and Bisoni-Rio vanadium projects to Regency. The spin-out agreement is progressing well and incoming management recently announced Regency [...]
CellCube Energy Storage Systems Inc. is very pleased announce Henk van Alphen to the board of directors. Mr Alphen, an entrepeuner in the service and mining industry with the ability to raise large amounts of capital, he is associated with raises of $800,000 million in last 10 years. Henk has had long career of high value M&A transactions and adding shareholder value. He has been directly involved in [...]