Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Positioned to Benefit as Energy Storage Projects Get Support from Inflation Reduction Act Amid Accelerated Green Electrification
World is getting closer to the tipping point as renewables meet 107% of the increase in global electricity demand in H1 2022, but challenges such as energy storage remain; new legislation seeks to address them by granting federal support to storage projects On the heels of the first-ever dedicated tax credits in the Inflation Reduction Act, energy storage projects are expected to grow; further driving demand for more renewable energy projects - companies like Hillcrest and their inverter technology, are expected to benefit Company poised for growth; ramps up the executive team with established power sector veteran James Bolen joining…