Saltbae Capital Corp. (CECBF)

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CellCube Energy reports an article prepared by Bloomberg News:

December 27th, 2018 – Toronto, Ontario CellCube Energy Storage Systems (the “Company” or “CellCube”) (CSE CUBE) (OTCQB CECBF) (Frankfurt 01X, WKN A2JMGP) is pleased to report the following independent article prepared by Bloomberg News:

Canada Battery Maker Says Flow Storage Costs to Tumble by Half

Bloomberg News

December 23, 2018, 10:11 PM EST Updated on December 24, 2018, 11:00 AM EST

https://www.bloomberg.com/news/articles/2018-12-24/canada-battery-maker-says-flow-storage-costs-to-tumble-by-half

CellCube Energy Storage Systems Inc., a Canada-listed maker of batteries that can last for as long as two decades, said the cost of its technology may halve within four years, potentially boosting its uptake over lithium-ion units.

Costs of its vanadium redox flow battery units, which can discharge power for four hours, will decline to $150 per kilowatt hour from $300, President Stefan Schauss said in a phone interview from Toronto this month. Batteries with eight hours of duration will slump to $100 from $200, he said.


Read more at:
https://www.cellcubeenergystorage.com/cube-press-release-12272018