Electro Power Systems at the Annual Meeting of the New Champions 2015

Regulatory News:

Electro Power Systems S.A. (EPS) (Paris:EPS), recently listed on the French regulated market, which operates in the sustainable energy sector and is specialised in zero environmental impact energy storage systems and solutions, will be one of the key companies attending the Annual Meeting of the New Champions 2015 scheduled to take place from 9th to 11th September 2015 in Dalian, China. In particular, during the second day of the meeting, Carlalberto Guglielminotti, CEO of Electro Power Systems – will take part in the workshop entitled "Leadership Dialogue on the Energy Transformation Outlook in China”, designed especially for the CEOs of the most important international energy companies. During the workshop, discussions will focus on the possible future local and global scenarios generated by the energy evolution, particularly in China, which will called upon from 2016 onwards to respond to the new directives of the 13th five-year plan designed to ensure energy improvements are compatible with environmental policies. The most important issues to be debated during the workshop relate to the factors that determine how the domestic demand is evolving and the differences in these compared with the past, mainly due to the penetration of renewable sources.

"For EPS, attending the Annual Meeting of the New Champions 2015 - stated Carlalberto Guglielminotti, CEO of Electro Power Systems – is an important opportunity to disseminate the true economic and environmental advantages of energy storage in Asia and the Far East, in our official role as a Technology Pioneer. In particular, China, which will be required to balance out its economic growth over the next few years, must also find a system for managing the massive penetration of renewable energy sources in a way that is economically beneficial, and while also reducing carbon emissions. The innovation and ground-breaking technology of EPS are true examples of how this virtuous process can be implemented, as our systems make clean energy an additional source of revenue for our customers, and an investment with attractive returns also for purely financial investors, while at the same time maintaining an entirely green cycle even after storage. A true revolution in the Clean Energy Storage field, which opens new scenarios for investments in renewable sources that can be programmed and are increasingly reliable, cheap and clean”.

The Annual Meeting of the New Champions 2015 is one of the most important annual events for science and innovation and will welcome over 1500 leading figures from the worlds of politics, economy and from the new generation of companies and managers that are changing the economic panorama worldwide. Ninety Countries, all with the same objective: seeking to share innovative solutions generated by the latest scientific and technological discoveries. A opportunity to define the general scenario in detail and discuss the most urgent global challenges to be faced in the light of the environmental and social changes that are currently taking place.

About Electro Power Systems
Founded in 2005 as spin-off of the Politecnico of Turin (Italy) and pioneer of hydrogen technologies, Electro Power Systems (EPS) is a forerunner of sustainable energy applications, and specialized in energy storage systems. The main areas of focus of the group are integrated solutions for energy and backup applications in the ICT and data center industry, grid support in countries with heavy penetration of renewables sources, and off-grid power generation in emerging economies. In a nutshell, clean energy storage solutions, at a lower cost, with no need for subsidies.

EPS is today listed on the French regulated market of Euronext, with headquarters in Paris, R&D and Manufacturing in Italy (Torino) and premises in the USA (California and Michigan). In 2010 EPS started the development of the first oxygen and hydrogen battery worldwide, a system able to store massive amounts of energy at a cost lower than any other solution in the market. This innovative technology, covered by 62 patents worldwide, is able to store energy exploiting exclusively the water cycle, without any emission or toxic or heavy metals. Since 2012 the product has been pre-commercialized and so far EPS has installed in aggregate 579 systems, 31.7 MWh of energy stored in 18 countries worldwide, including Europe, USA, Australia, Cina, Indonesia, India and South Africa.

The group led by Carlalberto Guglielminotti as CEO, supported by Luca Dal Fabbro, Giuseppe Artizzu and Ilaria Rosso, is a global organization which counts 52 human resources between Europe, South Africa, USA and Singapore, of which 34 people involved in research and development projects.
The huge effort in R&D enabled the development of a unique technology, covered by patents in 48 countries worldwide, granting to the group the possibility to be named "World Technology Pioneer” by the World Economic Forum, included in the 100 Cleantech Global by the Cleantech Group but also selected between the worldwide excellences by the Cleantech Forum in San Francisco and Rotterdam.
To enhance the phase of development and global commercialization, the Group has successfully completed in April 2015, with the support of Société Génerale as Global Coordinator, the Initial Public Offering of its shares on the regulated market Euronext Paris with a market capitalization of Euro 52 million euro.
For more information www.electropowersystems.com

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