MILWAUKEE, WI–(Marketwire – April 13, 2011) – ZBB Energy Corporation (NYSE Amex: ZBB), the leading developer of intelligent, renewable energy power platforms, announced today a joint development agreement with Honam Petrochemical, a division of the Lotte Group, headquartered in Seoul, South Korea.
Honam Petrochemical Company, a billion dollar diversified producer of petrochemicals and advanced synthetic resins, has identified energy storage as a strategic priority business. Honam’s due diligence in its search for a leader in the field of energy storage led them to ZBB Energy and their zinc-bromide flow battery technology, recognized as the leading commercially available flow battery.