ZBB Successfully Completes Advanced Electricity Storage Technologies Program

[Fledermaus]

MILWAUKEE, WI, Dec 27, 2010 (MARKETWIRE via COMTEX) --
ZBB Energy Corporation (NYSE Amex: ZBB | PowerRating), the leading developer of intelligent, renewable energy power platforms, announced today that their ZESS 500 has been deemed a fully operational and validated success. It is installed at CSIRO's Energy Centre in Newcastle, Australia, as part of the Advanced Electricity Storage Technologies (AEST) program.

This marks the completion of the 3 year contract, thus the company will recognize the final payment in this quarter's (fiscal Q2) revenue.
The objective of the AEST program was to maximize the value of renewable energy from intermittent electricity generation through the development and application of energy storage technologies. The AEST program provided funding for ZBB to install a zinc-bromine flow battery at the CSIRO Energy Centre to store solar and wind energy produced by the building's photovoltaic (PV) panels and wind turbines. The power capability of the battery is 100kW and can cover the total building load at night and during lower load periods such as weekends, with the excess stored energy capacity being exported to the electricity grid. Peak loads are met by a combination of renewable energy, battery output and grid electricity, with the ZESS 500 serving as the storage asset managed automatically using data from CSIRO's building management system.
The testing of the ZESS 500 was performed over a one year period, consisting of module testing at the ZBB Perth laboratories and system testing at the CSIRO Energy Centre.

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